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Ringgit leads emerging market losses as

oil weighs on sentiment

The ringgit dropped the most since September and led declines in emerging markets as an overnight slide in Brent crude weighed on the outlook for the oil exporters’ finances just as economic growth slows. 
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Brent slipped below US$32 (RM135) a barrel on Tuesday after an agreement by Saudi Arabia and Russia to freeze oil production failed to temper concern about a global supply glut. A government report on Thursday will show Malaysia’s economy expanded 4.9% in 2015 from 6% the year before and slowed in the fourth quarter from the third. "There was a pretty decent fall in oil prices and that’s pushing down the ringgit," said Sean Yokota, Singapore-based head of Asia strategy at Skandinaviska Enskilda Banken AB. - See more at: http://www.themalaysianinsider.com/malaysia/article/ringgit-leads-emerging-market-losses-as-oil-weighs-on-sentiment#sthash.wDYN5sd2.dpuf

21 New Numbers That Show That The Global Economy Is Absolutely Imploding

After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.  But that does not mean that the crisis is over.  On the contrary, all of the hard economic numbers that are coming in from around the world tell us that the global economy is coming apart at the seams.  This is especially true when you look at global trade numbers.  The amount of stuff that is being bought, sold and shipped around the planet is falling precipitously.  So don’t be fooled if stocks go up one day or down the next.  The truth is that we are in the early chapters of a brand new economic meltdown, and I believe that all of the signs indicate that it will continue to get worse in the months ahead.  The following are 21 new numbers that show that the global economy is absolutely imploding

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