The Dollar has continued to firm for a second day against most other currencies, with the Yen being the main exception, with USD-JPY dipping slightly, towards the 113.80 level after failing to sustain gains above 114.00. Flagging stock markets across Asia, and the U.S., where the S&P 500 closed on Wall Street yesterday with a […]
The Dollar and more especially the Yen have been trading firmer against most other currencies amid a backdrop of tumbling global stock markets and weakening emerging market currencies, with investors fretting about tighter Fed policy and the increasingly evident fallout from the U.S. trade protectionism. USD-CAD lifted to a fresh two-month high at 1.3198, buoyed […]
OVERVIEW US Dollar extends its gains after FOMC signals more hikes are expected The wait for the Brexit deal plan continues for the Sterling NYMEX WTI Crude falls 21% from Oct 3rd high and rolls into bear market territory. HIGHLIGHT
The Dollar firmed in N.Y. on Friday, as hot U.S. CPI data supported. Yields later fell back from highs, as Wall Street sold off sharply. The DXY topped at seven-session highs of 97.01, up from lows of 96.72. EUR-USD peaked at 1.1360, later falling to 1.1318. USD-JPY attempted to rally early, though the downdraft in […]
Today, my friend Datuk Kadir Jasin posted on his blog on the possibility that there might have been a leak of the contents of the…
KUALA LUMPUR (Nov 9): Taking cue from the weak regional sentiment, the FBM KLCI dropped 13.33 points or 0.77% at the closing bell today, to…
KUALA LUMPUR (Nov 9): Trading in the shares of Malaysian Resources Corp Bhd (MRCB) will be suspended on Monday (Nov 12) pending a material announcement. In…
SAY you and your spouse are in your late 20’s. You have two beautiful children. You earn just over RM5,000 a month – barely enough to…
KUALA LUMPUR (Nov 9): Sapura Energy Bhd has sealed the deal to divest half of its wholly-owned exploration and production (E&P) unit Sapura Upstream Sdn…
KUALA LUMPUR (Nov 9): Prime Minister Tun Dr Mahathir Mohamad has denied that the offer to guarantee Malaysia’s 200 billion yen ($1.77 billion) Samurai bonds…
KUALA LUMPUR (Nov 9): Petroliam Nasional Bhd (Petronas) has sufficient cash in reserve for its capital expenditure (capex) going forward, Tony Pua, political secretary to…
BEIJING (Nov 9): American Express Co on Friday won approval to clear card payments in China, making it the first U.S. card network to gain…
KUALA LUMPUR (Nov 9): Based on corporate announcements and news flow today, stocks in focus on Monday (Nov 12) may include Straits Inter Logistics Bhd,…
KUALA LUMPUR: Bank Pembangunan Malaysia Bhd has been entrusted with several government initiatives under Budget 2019. However, with many issues plaguing the over four-decade old development…