The week started with a positive look on Asian’s markets buoyed by positive economic data. The markets rode on positive news from Wall Street after a better than expected US Jobs data.
This week, all eyes are on interest rate decisions in Australia and Malaysia. It is expected for BNM to further cut rates whilst RBA is expected to keep its benchmark rate at a record low of 0.25%.
All eyes are also on news on possible election in Singapore as well as unrest in HK.
Hoping for a positive week ahead!
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