FXTM Market Analyst Han Tan said global investors will be looking out for further signs of the economic carnage caused by COVID-19, while awaiting data on Purchasing Managers' Index (PMI), retail spending and external trade figures expected to be announced next week.
KUALA LUMPUR: The local note is expected to trade in volatile mode in line with other emerging market (EM) currencies as the global economy continues to be under pressure as COVID-19 fears continue to grip global markets.
FXTM Market Analyst Han Tan said global investors will be looking out for further signs of the economic carnage caused by COVID-19, while awaiting data on Purchasing Managers' Index (PMI), retail spending and external trade figures expected to be announced next week.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
