After two months of deep sleep, Dow Jones woke up with emerging selling pressure. Ahead of FOMC meeting on coming week, it swung drastically in 400 points. Rate hike used to be time bomb to securities market. Immediate support ~ 18022. Local market is expected to react accordingly as well.
Crude Oil:
Besides rate hike worries, weakening oil price is another factor which pressurizes market. Immediate support ~ USD43, followed by USD40.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA)
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