A shot blip should be kicking in before the KLCI advance to 1600 level. It is reported in Q4 GDP results, FDI has net inflow of RM6.5 B vs RM5.2 B Q3. Overall it is inline with the strengthening of RM from Dec 2011 to now.
It seems USDMYR is bottoming with low GDP growth in Q4 (5.2% vs 7.2% Q3). There is always reason for market to sell.
It seems USDMYR is bottoming with low GDP growth in Q4 (5.2% vs 7.2% Q3). There is always reason for market to sell.
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