Earnings from the AI theme expected to grow, coupled with the Fed hinting on rate cut, we expect Wall Street to stay positive at least for the rest of 2024. Buying interest is likely to spillover on the Bursa local front, with data center, AI, and cloud services driving the markets higher on various fronts, coinciding with...
Wall Street may trend positively with the stronger earnings from the AI theme, coupled with the Fed heading for at least 3 interest rate cuts this year. Bursa exchange should head into a firmer environment and we opine there will be opportunities within the commodity sectors and...
The US GDP continues to grow, while inflationary pressure has been cooling off throughout the year. Thus, the market is pricing in at least 3 rate cuts for 2024. Overall external catalysts have been stabilizing at least for the near term and investors should focus on...