Kopitiam Talks

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-31 09:15 | Report Abuse

What led to the large drop in KLCI yesterday, plunging the index to below 1,400? Why is the ringgit so weak at this period?

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2 comment(s). Last comment by ahbah 2023-05-31 11:04

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

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Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-31 09:20 | Report Abuse

Oil Prices Slip As Fears Of A U.S. Default Return
By Irina Slav - May 30, 2023, 2:55 AM CDT
Crude oil prices retreated in Asian trade on Tuesday, with WTI falling toward $72 and Brent trading below $76.50.
Reports have emerged that Republican hardliners in Congress might derail the debt ceiling deal that President Biden and Kevin McCarthy had agreed upon.
Uncertainty over a debt ceiling deal combined with mixed messages from OPEC+ has set oil markets on edge this week.

https://oilprice.com/Energy/Energy-General/Oil-Prices-Slip-As-Fears-Of-A-US-Default-Return.html

ahbah

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Posted by ahbah > 2023-05-31 11:04 | Report Abuse

US economy is a never ending non stop moni printing economy lah. Debt ceiling deal is a non event, just a wayang kulit show for us onli. US will increase their debts, print more moni bcos the whole world want their moni.

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