Carmen Lee Quotations

With oil at above US$67 per barrel, this is likely to once again raise investors' concern over the impact on global economies and earnings of corporates.

Most market analysts are holding on to their economic or corporate projections while adopting a wait-and-see attitude to assess if oil prices will remain at current high levels.

The local market is likely to continue to adopt a more cautious tone, brought on by the current high oil prices.