Canadian Dollar Forecast: Loonie Ready for Takeoff – Levels for CAD/JPY, USD/CAD Rates
Rising risk appetite is pulling down the Japanese Yen and US Dollar, with traders favoring growth-linked currencies like the Canadian Dollar.
Stock Market & Investment News
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Australian Dollar Forecast: Rally Looks Strong Heading into 2021 – Setups for AUD/JPY, AUD/USD
In an environment defined by globally low interest rates and increased fiscal support (akin to the 2009-2011 period), growth-linked assets have been gaining favor, the Australian Dollar included.
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US Dollar Technical Forecast: USD/SGD, USD/IDR, USD/THB, USD/TWD
US Dollar weakness may extend against ASEAN currencies, with USD/SGD, USD/THB and USD/TWD maintaining a downside focus. Will USD/IDR exit its consolidative state?
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Swiss Franc Analysis: NZD/CHF, AUD/CHF, CAD/CHF Levels to Watch
The Swiss Franc presents several key technical levels to watch into 2021 as NZD/CHF, AUD/CHF, and CAD/CHF set course for potential breakouts or trend resumptions.
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UK Parliament approves Brexit trade deal with EU as both sides look to future
LONDON/BRUSSELS (Dec 30): British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a…
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Malakoff's power-generation subsidiary proposes RM4.5b Islamic bonds
KUALA LUMPUR (Dec 31): Malakoff Corp Bhd’s wholly-owned subsidiary Tanjung Bin Energy Sdn Bhd (TBE) has proposed to issue RM4.5 billion worth of Islamic bonds…
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Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus
SINGAPORE (Dec 31): Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the…
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Southeast Asia Covid-19 vaccine tracker: Who gets what, when
(Dec 31): In the race to immunize people against the coronavirus, Singapore has pulled ahead of its neighbours to become the first in Southeast Asia…
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China gives its first Covid-19 vaccine approval to Sinopharm
BEIJING (Dec 31): China approved its first COVID-19 vaccine for general public use on Thursday, a shot developed by an affiliate of state-backed pharmaceutical giant Sinopharm,…
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Petronas says O&G sector outlook challenging on Covid-19, OPEC+ production cut uncertainties
KUALA LUMPUR (Dec 31): Petroliam Nasional Bhd (Petronas) president and group chief executive officer Tengku Muhammad Taufik Tengku Aziz said today the outlook for the…
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Bursa Malaysia ends morning session lower
KUALA LUMPUR (Dec 31): Bursa Malaysia continued its downtrend to end the morning trading session lower, as its key index was dragged down by persistent…
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SOCSO urges employers to send foreign workers immediately for Covid-19 screening
KUALA LUMPUR (Dec 31): The Social Security Organisation (SOCSO) urged employers to immediately send their foreign workers for Covid-19 screening to curb the pandemic. Its chief executive officer (CEO)…