Stock Market & Investment News
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US Dollar Index (DXY) Has Potential to Run Towards Test of Important Resistance
The DXY is trading higher after breaking a near-term channel structure, could trade up to an important test of resistance.
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Silver Price Forecast: How Bad Have Bulls Been Harmed? – Levels for XAG/USD
Silver volatility has gone up in recent days, but silver prices have come down. That’s not a good sign.
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Canadian Dollar Forecast: USD/CAD Key Support- Loonie Bulls Beware
Canadian Dollar is on the defensive into the weekly open as USD/CAD rebounds off downtrend support. Here are the technical levels that matter on the Loonie weekly chart.
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FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Jan 04, 2021 13:00 GMT when FTSE 100 traded near 6,550.30.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
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Home treatment, quarantine for level one, two Covid-19 patients, says health minister
PUTRAJAYA (Jan 12): The Ministry of Health (MoH) has established that level one and two Covid-19 patients will undergo treatment and quarantine at home, while being…
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Malaysia records 1.2% fall in wholesale, retail trade sales for November 2020
KUALA LUMPUR (Jan 12): Malaysia recorded wholesale and retail trade sales of RM110.4 billion in November 2020, down by 1.2% year-on-year (y-o-y), according to the…
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MITI formulates SOPs for effective business continuity plan
KUALA LUMPUR (Jan 12): The Ministry of International Trade and Industry (MITI) has formulated a set of comprehensive, relevant and practical standard operating procedures (SOPs) to…
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Nazri Aziz withdraws support for Perikatan Nasional govt
KUALA LUMPUR (Jan 12): Padang Rengas Member of Parliament (MP) Datuk Seri Mohamed Nazri Abdul Aziz of Umno today announced that he is withdrawing his support…
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Former secretary of Agriculture and Food Industries Ministry charged with soliciting bribes for tenders
KUALA LUMPUR (Jan 12): A former chief assistant secretary of the Agriculture and Food Industries Ministry has been charged with soliciting RM2 million and receiving…
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Emergency declaration a surprise, but will enable govt to focus on containing pandemic — Affin Hwang AM
KUALA LUMPUR (Jan 12): While the state of emergency announcement came as a surprise to the market today, Affin Hwang Asset Management (Affin Hwang AM)…