Gold Price Technical Outlook Looks Near-term Bearish
The gold bounce looks poised to end and turn into another leg lower soon.
Stock Market & Investment News
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EUR/USD Technical Analysis: Euro May Fall as Major Top Forms
The Euro may have started the next major leg in its 12-year downtrend against the US Dollar, with scope for an extended drop back below parity in the months ahead.
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Dow Jones Formed an "AB=CD" Pattern, Signaling Potential Trend Reversal
The Dow Jones Industrial Average may attempt a trend reversal after forming an “AB=CD” pattern. Immediate resistance can be found at 27,850 – the 50-Day SMA.
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Japanese Yen Outlook: AUD/JPY, EUR/JPY Key Levels for the Week Ahead
The Japanese Yen’s resurgence last month may fail to carry over into October, as the haven-associated currency struggles to hold above pivotal chart support.
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PM chairs special meeting on Covid-19
PUTRAJAYA (Oct 3): A special National Security Council (NSC) meeting on Covid-19, chaired by Prime Minister Tan Sri Muhyiddin Yassin, is being held at Bangunan Perdana Putra,…
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US ban to hurt over 32,000 planters, say palm oil farmers
(Oct 3): Malaysia’s palm oil planters condemned the US block on imports of FGV Holdings Bhd products, saying the move will affect more than 32,000 farmers. The National…
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World’s best airport warns of ‘daunting’ future amid pandemic
(Oct 3): Changi Airport Group said the impact from the Covid-19 pandemic isn’t abating as officials behind the world’s best airport warned of a “daunting” period…
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Ringgit to trade in tight range next week
KUALA LUMPUR (Oct 3): The ringgit is expected to trade in a tight range next week with all eyes on crude oil prices, says AxiCorp…
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No need for MCO, says Ismail Sabri
PUTRAJAYA (Oct 3): It is not necessary to reimplement the movement control order (MCO) despite a surge in Covid-19 positive cases in the country, said Senior Minister…
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Deputy Minister Ahmad Masrizal tested positive for Covid-19
KUALA LUMPUR (Oct 3): Deputy Minister of Environment and Water Datuk Dr Ahmad Masrizal Mohamad confirmed that he tested positive for COVID-19 after the second test…
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MoH reports three new clusters, in Kedah and Selangor, with 16 confirmed infections
KUALA LUMPUR (Oct 3): The Ministry of Health (MoH) announced three new Covid-19 clusters today, of which two were found in Kedah and one in Selangor,…
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Malaysia sees 317 new Covid-19 cases, biggest daily jump since pandemic began in January
KUALA LUMPUR (Oct 3): Malaysia recorded 317 new Covid-19 cases today, the biggest daily jump since the pandemic began in January, according to Ministry of…