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MANY global stock markets are in a pullback mode, and Bursa Malaysia is no exception. Around the world, stocks that have posted astronomical jumps in share prices over the past few months have recently declined or moved sideways.
LONDON: Investors are their "most bullish" on financial markets since February, when world stocks hit a record high, a Bank of America fund manager survey showed, as hopes of a COVID-19 vaccine and a steady revival of economic activity boost confidence.
LONDON: World stocks and oil prices were faltering on Friday as record-setting new coronavirus cases in several U.S. states led to worries that more lockdowns may be necessary, making a quick economic recovery unlikely.
NEW YORK: Central bank firepower helped stock market bulls finish the first half of 2020 on a high. Now the rally hinges on follow-through in the third-quarter from economic data, company earnings and the coronavirus newsflow.
(REUTERS): Central bank firepower helped stock market bulls finish the first half of 2020 on a high. Now the rally hinges on follow-through in the third-quarter from economic data, company earnings and the coronavirus newsflow.
SINGAPORE: World stocks will probably tread water for a year, according to Citi strategists, who recommend a more defensive portfolio in the face of the fallout from the coronavirus pandemic.
BENGALURU: The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre US economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second Covid-19 coronavirus shock.
LONDON: Probably the best thing to say about world financial markets so far this year is simply that it has been quite a ride. If somehow you missed the coronavirus slamming the global economy like a wrecking ball, current market levels certainly do not reveal the wild swings that unprecedented events unleashed.
KUALA LUMPUR: Bursa Malaysia pared its losses towards the close on Tuesday on the US President Donald Trump's reassurance the US-China trade deal was on but it was the only Asian market in the red.
BEIJING/CENTRAL EUROPE (Reuters): Emerging market stocks were headed for their worst day in more than three weeks on Monday, due to concerns over a second wave of coronavirus infections and subdued industrial data from China.