Dow Jones: 26,833.95 pts (+45.85pts, +0.17%)
U.S. stockmarkets rebounded overnight as the Dow rose 0.2% on a slew of corporate earnings release, whilst investors continue to monitor for developments between Sino-U.S. trade progress. The immediate resistance is located at 27,300.
FBM KLCI: 1,568.79 pts (-5.30pts, -0.34%)
The FBM KLCI (-0.3%) ended lower after hovering mostly in the negative territory, taking cue from the weakness on Wall Street yesterday. The immediate resistance is located at 1,580.
Crude Palm Oil: RM2,322 (+RM5, +0.22%)
Crude palm oil prices extended its gains, mirroring the stronger soybean oil prices after China waive retaliatory tariff on purchase of U.S. soybeans. The immediate resistance is located around RM2,350.
WTI Crude Oil: $55.97 (+$1.81, +3.33%)
Crude oil prices extended their gains on the unexpected decline in U.S. supply level last week. The immediate resistance is located at US$58.
Gold: $1,492.12 (+$4.44, +0.30%)
Gold prices extended their gains on expectations over another rate cut by the U.S. Federal Reserve next week. The immediate resistance is located around $1,500.
Economic Releases:
EU - Eurozone's European Central Bank's Interest Rate Decision, 7.45PM
US - United States' New Home Sales, 10.00PM
Source: Bloomberg, M+ Online
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