Markets: More clarity expected with upcoming labour data releases
Analysts reckon caution is warranted following the recent US job openings report, which suggests a slowing labor market as markets await reports
Category: Analyst Report
Market sentiment is expected to remain cautious
Market sentiment is expected to remain cautious as investors await key US labor data due later this week. Analysts predict a sell-off on the local bourse today, influenced by the unfavorable US Purchasing Managers’ Index (PMI) release
Caution prevails as markets await key labor data
Caution prevails as markets await key labor data to be released this week, which will provide further insights into ongoing recessionary concerns in the US
Malaysia’s Producer Prices Rise in July, Water Supply Costs Surge by 9%
Malaysia’s Producer Price Index rose by 1.3% in July 2024, with water supply costs surging by 9%, highlighting rising production pressures.