Asian Market Update : Epic Research Malaysia

Asian stocks joined a global rally Thursday with a surge in oil prices providing some much-needed confidence as key producer Iran praised an output freeze by Saudi Arabia and Russia.

Crude, which last week flirted with 13-year lows, extended a surge that began Friday as dealers grow hopeful of an easing to the overproduction and supply glut that has hammered the commodity for a year and a half.

A pick-up in Chinese inflation also provided support to beleaguered markets, while minutes from the Federal Reserve's latest policy meeting indicated the bank is unlikely to press on with further interest rate cuts any time soon.

For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my