Stock Market & Investment News

KUALA LUMPUR (Jan 21): Malaysia today saw 3,170 new Covid-19 cases, making it the eight consecutive day with more than 3,000 daily cases. These brought…

KUALA LUMPUR (Jan 21): The Ministry of Health (MOH) announced today it has detected 16 new clusters of Covid-19 infections, of which 11 of them…

The Dollar plied a narrow range overall in N.Y. on Tuesday, leaving the DXY between 90.40 and 90.58. There was no data to drive the USD, and some consolidation appeared to be settling in ahead of the inauguration on Wednesday. Ongoing talk of massive fiscal stimulus under the Democrats supported Wall Street, which posted decent […]

The dollar and yen came under pressure today after rallying yesterday. A bullish sentiment global stock markets has boosted other currencies, particularly the dollar bloc and other cyclical units. The MSCI Asia-Pacific index rose over 1.5% and clocked a new record high, buoyed in the wake of strong GDP and production data out of China […]

The dollar has traded softer for a third day amid a backdrop of buoyant global stock markets. The MSCI Asia-Pacific index clocked a fresh record high. This followed a positive session on Wall Street, though the main indices there closed below their recent record peaks. The ‘looking-past-Covid’ reflation trade seems to have stirred, following recent […]