yes, I also think so. I think foreign funds that enter when ringgit above 4, will dump their shares if ringgit rise to 3.7-3.6, they will have make some 10%-20% profit in shares price and fx gain.
Freezing supply at record high output does not address the supply demand imbalance, it only enhances sentiment. This is especially true when Iran and US are not participating in the talks. What they really need is to cut supply, not freeze supply.
Tom, it just my opinion only la. just read cnn or cnbc reports, fed probably won,t raise interest rate before june, but after june, question will pop up again, and base on their report, the possible of 2 hikes still intact. When some one make a comment on future event, of course it is their opinion or forecast, do we have to say 'in my opinion' in every sentence ? :D
After raising the interest,the dowjones moves up so the increase in interest in USA is helping the people to receive some income in putting money in banks which in return help them to increase the purchasing power.This affordable increase ushers well for its economy and its comsumption. As for Japan,the nil interest is bad for her economy as the purchasing power is very low and its persistent will deplete the money value of their pensioners,low and middle class group.
If, Najib and his fund has flown back into Malaysia, it's likely Najib will love to see appreciation of Rm.That depend on how good the 1MDB house cleaning carried out. Tit Tat Tit Tak....we'll c
Jolin Lai Chi Pet, not yet, if April 17 failed, then ringgit and oil will fall like submarine. I hope it will success so ringgit can go up, and I can book my oversea travel again :D but if it fail, then cheap sale again, bargain time.
Jplin lai chi pet: the outcome need to be beyond expectation in order for oil price to rise further. Now if outcome in accordance with plan, oil price may fall back to 40 usd as the market already factor in the good outcome and investors buy on rumour sell on news.
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5875 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
r°Moi
5,802 posts
Posted by r°Moi > 2016-04-13 08:19 | Report Abuse
RM at 4+ best time for foreign funds to come in
RM at 3+ best time for foreign funds to go out... made from up in share price.. plus FX