Asian markets crept up in early trade Wednesday with energy firms getting a shot in the arm from a rally in oil prices but worries about the global economy and the upcoming earnings season kept traders on edge.
After a confident rebound in March, analysts suggest dealers from Asia to the Americas may be concerned the gains - which followed January and February's bloodbath - were a little overdone.
Oil, which last month rallied above US$40 for the first time this year, have returned to the agenda as market-watchers await a crucial meeting of producers aimed at addressing a supply glut and plunging prices.
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After a confident rebound in March, analysts suggest dealers from Asia to the Americas may be concerned the gains - which followed January and February's bloodbath - were a little overdone.
Oil, which last month rallied above US$40 for the first time this year, have returned to the agenda as market-watchers await a crucial meeting of producers aimed at addressing a supply glut and plunging prices.
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
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