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The Dollar has traded softer and the Yen has outperformed on a safe haven bid amid a backdrop of hefty global stock market losses. The USD index (DXY), which has rallied quite strongly over the last week and a half, is presently showing a decline of 0.2%., at 96.24, extending the correction from yesterday’s two-month […]

The Dollar has traded on a soft tack, while the Yen, after gaining during the Asian session, corrected against most currencies as European stock markets and U.S. equity index futures found some bargain-hunting demand after the rout. EUR-USD has settled to a narrow orbit of the 1.1400 level, with the pair consolidating after printing a […]

OVERVIEW Sterling sinks on renewed fears of no-deal Brexit following warnings from Europe’s Central Bank president European and Asian stock markets struggle to recover, Wall Street follows suit  Bank of Canada delivers expected interest rate hike  HIGHLIGHT

The Dollar index peaked at 96.71, its highest since August 16 in N.Y. on Thursday. Incoming data had little impact, though risk-taking levels improved, allowing Wall Street to rally, which largely helped the Greenback. EUR-USD fell on a dovish leaning Draghi, leaving the pairing at 1.1359 lows. USD-JPY traded a narrow band, though was supported […]

KUALA LUMPUR (Oct 26): The wife of former prime minister Datuk Seri Najib Razak, Datin Seri Rosmah Mansor, and her two sons, Norashman and Riza…

NEW YORK (Oct 26): The recent cratering of stock markets is nowhere near severe enough to rattle confidence and significantly hurt U.S. business and consumer spending,…

CANBERRA  (Oct 26): Australia is on track to ratify a new Pacific trade deal by Nov 1, the country’s trade minister said, a move that…

SINGAPORE (Oct 26): Singapore’s long romance with public housing is going through a rocky patch, threatening to undermine one of the most popular government policies. For…

BEIJING (Oct 26): China and Japan should safeguard free trade and anchor global growth, Chinese Premier Li Keqiang said on Thursday, as Japan’s prime minister arrived…

KUALA LUMPUR (Oct 26): Inflation, as measured by the Consumer Price Index (CPI), grew at a slower pace of 0.3% year-on-year (y-o-y) in September due…

KUALA LUMPUR (Oct 26): theedgemarkets.com highlighted one stock with negative momentum at Bursa Malaysia’s afternoon market close today. Stock with negative momentum was: Tatt Giap Group Bhd…

KUALA LUMPUR (Oct 26): The FBM KLCI pared some of its loss at the midday break but sentiment stayed edgy in line with the nervy…

LONDON (Oct 26): The world’s billionaires saw their collective wealth rise 19 percent to $8.9 trillion in 2017, led by growth in China, which minted two…

KUALA LUMPUR (Oct 26): Power producers in Malaysia will not see any impact on earnings from the cancellation of four independent power producer (IPP) contracts…