Stock Market & Investment News
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S&P 500, Nasdaq rally, post second weekly gain
NEW YORK (Feb 13): The S&P 500 and Nasdaq set record closing highs on Friday as investors bought energy, financial and materials shares and sold…
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Covid-19: Malaysia records 3,499 new cases, five deaths today
KUALA LUMPUR (Feb 13): Malaysia has recorded an increase in the number of daily confirmed Covid-19 cases today at 3,499, compared to 3,318 yesterday, pushing…
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Stocks hit record highs; yields highest since March
NEW YORK (Feb 13): MSCI’s gauge of stocks across the globe rose for a 10th straight session on Friday and hit another record high as…
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CMCO in Sarawak extended until March 1
KUCHING (Feb 13): The Conditional Movement Control Order (CMCO) in Sarawak, scheduled to end tomorrow, will be extended until March 1, said the State Disaster…
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XE Market Analysis: Asia – Feb 11, 2021
The Dollar perked up from early lows, which came on the back of a disappointing jobless claims outcome, later rallying modestly, though sticking inside narrow trading ranges overall. The DXY was held inside of Wednesday’s trading band, bottoming at 90.28 before bouncing to 90.47. A record low yield in 2-year Treasuries just ahead of the […]
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XE Market Analysis: Europe – Feb 12, 2021
The dollar has firmed up amid a risk-wary sentiment in global markets, which has seen world equity markets settle lower from record highs. At the same time, market conditions have been thinned by the lunar new year holidays in China and some other Asian nations. Some tough talk aimed at China from U.S. President Biden […]