- MALAYSIA'S ringgit rose for a third week, logging its best winning streak since April 2008, as speculation a global recession will ease spurred demand for emerging-market assets.... the ringgit gained 1 per cent for the week to 3.6100 per dollar as of 4.50 pm in Kuala Lumpur, the highest since February. 16, according to data compiled by Bloomberg. The currency pared this year’s decline to 4.4 per cent. (source: Business Times )
The six month chart of USDMYR (chart from yahoo.finance)
Gold.
Friday's opening gold price for Gold was at USD934. Gold closed at 925 last night. The selling/buying rates for the Kijang One Oz were at MYR 3572/3456.
The 3 month chart of Gold in MYR.
Daily chart of Gold in USD last 100 days.
Oil.
Daily chart for Crude Oil.
Baltic Dry Index
The Baltic Dry Index lost another 36 points to close at 1678! (Do read this: Eyes On The Baltic Dry Index Again )
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