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US cpi number came out yesterday and that number was quite ok. So, market will just move sideways for this and next week. Fed's next interest rate will come out in about 8 days time, and Jerome Powell speech during that time will determine the path that this stock market will endure. Simple enough to understand right. As a new investor or trader, for you yiwen, please be mindful of the fact that malaysia is not a big economic driven nation as compared to other much larger nation like US, China, German. Make sure to watch how these countries are doing in terms of their stock market as Malaysia sentimentally will follow them.
correct Jaden! but whatever part Powell chooses next week. we're at the tail end of recession.. people will lie by saying recession has just begun..but the truth is, recession has been happening for the past 1 year. . market will collapse in the next few months then will bottom