Will there be a Chinese New Year rally on Bursa?


  • Markets
  • Monday, 21 Jan 2019

WITH lingering uncertainty and negative sentiment over the global economy, will there be a Chinese New Year (CNY) rally on Bursa Malaysia?

Momentum appears to be slowly building up, backed by some recovery in sentiment over positive US-China trade talks, a patient Federal Reserve with possible pause in rate hikes, and stronger Chinese stimulus to stabilise the flagging economy.

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Bursa , markets , Chinese New Year , rally , rates , hike , Fed , ecobomy , Pong ,

   

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