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It was overall a good week in Malaysian equities although the bourse was a late joiner to the global optimism.
Emerging Markets: Philippine's inflation eases for the first time in 6-months in March; Asia's currencies higher as US yields retreat
Asia's emerging currencies found some respite on Tuesday as the dollar fell to near two-week low and US bond yields retreated, with South Korea's won and Malaysia's ringgit leading gains in the region.
NEW YORK: A string of surprisingly robust economic data boosted investor risk appetite on Monday, which sent the S&P 500 and the Dow to all-time closing highs and boosted cryptocurrency market cap over the US$2 trillion hurdle.
NEW YORK: The dollar and the yield on the benchmark Treasury note edged higher in light trading on Friday after data showing a surge in the hiring of Americans in March pointed to a U.S. economic recovery that is poised to be the strongest in decades
HONG KONG (AFP) - Asian investors welcomed Joe Biden's economy-boosting infrastructure proposals Thursday, sending regional markets higher, while optimism was also given a boost by a healthy US private jobs report.
Australians with working-from-home arrangements appear to be on a permanent foothold, with the popularity of the arrangement rising even as workplaces reopen, global jobs website Indeed Inc said.
KUALA LUMPUR: The ringgit was slightly lower against the US dollar at the opening today on lack of demand for the local note, while the greenback is attracting interest on optimism over the US economy, a dealer said.
BEIJING (Bloomberg): In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.
Brent crude futures jumped above $70 a barrel on Monday for the first time since the Covid-19 pandemic began.