KINIBIZ News moves the markets, that much Tiger understands. But sometimes some news does so for the darndest reasons, and it is amusing when small nuances lead to unforeseen consequences. Even more so when things just don't make objective sense.

Like Tiger's smaller, less macho cousins, Tiger enjoys long hours of sleeping and relaxing. It gives one time to ponder the mysteries of the universe, meaning of life and the depressing reality that Tiger's ilk has dwindled drastically from 3,000 - when Tiger first heard the cries of ‘Merdeka' - to just 500 or thereabouts today.

But when Tiger is up and prowling about, Tiger enjoys observing the markets and marvels at the things that move it. No shortage of that lately, let Tiger tell you.

ben bernanke Just last Thursday, Federal Reserve chairman Ben Bernanke (left) assured us all that the US Federal Reserve will not be cutting short its RM270 billion-a-month quantitative easing (QE) programme any time soon. And with that, the Dow Jones industrial average as well as Standard & Poor's 500 hit all-time highs .

Across the Atlantic from where Bernanke was speaking, the main European stock markets - FTSE 100, Germany's DAX, France's CAC, Spain's IBEX and Italy's FTSE MIB - went up in response. Gold hit a two-week high while oil surged to a three-month high.

Even in Asia Pacific we felt the effects . Our own FBM KLCI surged in reaction, as did Shanghai Shenzhen CSI 300, Shanghai Stock Exchange Composite Index, Thailand's SET and Korea's Kospi as did Hong Kong's Hang Seng.

It amazes Tiger how easily an elderly chap sitting in front of a microphone in Washington sent markets worldwide spiralling upwards. Just as easily as how the same man caused negative reactions worldwide in June by honestly pointing out that QE measures in the States cannot go on forever.

Of course, that is natural. The man heads the US Federal Reserve, after all, and what they do affects us all. That we live in such an interconnected world courtesy of technology really is mind-boggling when we stop and think about it.

Go to KiniBiz for more .

This article was written by Khairie Hisyam.