KUALA LUMPUR (Oct 7): The ringgit and FBM KLCI may take the cue from US employment numbers, which offer clues on the country's interest rate direction. Crude oil at above US$50 (about RM207) a barrel may also be closely watched. Better US employment numbers may lead to expectation of US rate hikes, which do not bode well for emerging Asian markets. The data comes a day before the payrolls report for September, expected to show the US economy created 175,000 jobs last month. In Malaysia yesterday, the KLCI added 3.81 points or 0.2% to close at 1,666.73 points.

Source: The Edge Markets October 07, 2016 00:22 UTC