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Monday, August 12, 2013

Epic Research : Global Market News Update

GLOBAL MARKETS-
Wall Street ends worst week since June; dollar rises
SE Asia Stocks-
Thai, Vietnam stocks post weekly gain
WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:

  • Nil major scheduled MARKET NEWS
  • Nikkei logs worst weekly loss since June; focus turns to flash GDP
  • US STOCKS-Wall St posts worst week since June with Fed in mind
  • TREASURIES-U.S. bond prices post small gains
  • FOREX-Dollar rises from seven-week low, Aussie dollar rallies 
  • PRECIOUS-Gold rises on safety bids as S&P dips for 2nd weekly gain
  • UPDATE 9-U.S. oil rises 2.5 percent on China, tight supply
  • VEGOILS-Palm oil hits one-week low on high output worries
MALAYSIA IN THE NEWS: 
  • SingTel gets two offers for Australian satellite business-sources
  • Fonterra CEO says supply contracts intact after food safety scare
  • Badminton-Teenage Thai claims shock title, Super Dan wins again
  • Soccer-Cardiff break transfer record again 

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