Stock Market & Investment News
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DAX & CAC Technical Outlook: Trend Remains Bullish with Potentially Bearish Twist
European markets continue to hold up after a big late-year rally; trending upward, but H&S pattern could create setback.
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US Dollar Outlook: USD Snaps Back- Are Bears Taking Control?
Dollar plunged more than 0.6% this week with the sell-off now testing trend support- is the recovery over? Here are the levels that matter on the DXY technical charts.
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Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch
Risk aversion sees the AUD/USD pulling back from recent highs. AUD/NZD at rich levels relative to spreads.
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Litecoin IG Client Sentiment: Our data shows traders are now at their most net-long Litecoin since Nov 25 when Litecoin traded near 81.55.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Litecoin-bearish contrarian trading bias.
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Tech stocks rally, six counters reach record high as semiconductor sales forecast points north
KUALA LUMPUR (Jan 22): Tech stocks are back on a rally as the Bursa Malaysia Technology Index jumped as much as 3.42% this morning with at…
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BNM's international reserves stood at US$107.8b as at Jan 15
KUALA LUMPUR (Jan 22): Bank Negara Malaysia’s (BNM) international reserves stood at US$107.8 billion as at Jan 15, 2021. In a statement today, the central bank…
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GDP growth forecast maintained at 6.5%-7.5% for 2021, says Tengku Zafrul
KUALA LUMPUR (Jan 22): Malaysia is maintaining its gross domestic product (GDP) growth target of between 6.5% and 7.5% for 2021 despite the emergency declaration…
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Govt appreciates Top Glove's job offers, reminds company to emphasise workers' safety, well-being
KUALA LUMPUR (Jan 22): The government appreciates the initiative taken by Top Glove Corp Bhd in offering over 9,000 job opportunities for the locals in the country,…
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Stock bubble worries push Chinese investors from home to Hong Kong
SHANGHAI (Jan 22): As China’s blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country’s stock market are…
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FBM KLCI snaps six-day losing streak
KUALA LUMPUR (Jan 22): The FBM KLCI snapped its six-day losing streak today after closing up 1.94 points or 0.12% at 1,596.74 while Bursa Malaysia’s…