The Yen has traded moderately firmer while the Pound has come under moderate pressure, the former underpinned by a resumption of risk aversion in Asian equity markets and the latter affected by news that the respective lead negotiators from the UK and EU, Raab and Barnier, faltered over the Irish border backstop issue. It also […]
The Dollar has traded softer, for the most part, losing ground to the Euro, Swiss franc, Sterling and Japanese Yen, among other currencies. EUR-USD posted an intraday high at 1.1593, which reverses most of the decline seen on Friday. The move happened concurrently with a rebound in European stock markets, which were on net showing […]
OVERVIEW The US Dollar dipped today as retail sales numbers fell short of expectations The Pound steadied in today’s trading, ahead of a potentially monumental EU Brexit Summit on Wednesday and Thursday The Canadian Dollar strengthens as oil prices rise as tensions between the West and Saudi Arabia grow HIGHLIGHT The Canadian dollar gained strength […]
FX trade was fairly choppy in N.Y. on Monday, seeing the DXY fall to session lows of 94.96 after soft U.S. retail sales, then subsequently gyrating between 95.12 and 94.97. Wall Street was mixed, with tech again lagging. EUR-USD peaked at 1.1606 before falling to 1.1576 lows, as USD-JPY fell to 111.67 before topping at […]
(Oct 16): Paul Allen, who co-founded Microsoft Corp. with fellow billionaire Bill Gates and used the fortune he made from the iconic technology company to…
KUALA LUMPUR: The wealth gap is widening although the income growth among the middle group (M40) and low (B40) group is faster than the rich. The…
KUALA LUMPUR (Oct 16): The FBM KLCI started off on a muted note this morning against teh backdrop of modest gains at regional markets, as…
SEOUL (Oct 16): Oil prices rose on Tuesday on signs of falling Iran oil exports ahead of U.S. sanctions against Tehran in November, while geopolitical…
KUALA LUMPUR (Oct 16): Petronas Dagangan Bhd shares rose 1.9 percent, more than any full-day gain since July 25, while Malaysia’s benchmark index was little…
KUALA LUMPUR (Oct 16): Ringgit trades in a narrow range, with Asia EM currencies supported as stocks rebound. Traders are awaiting key events including China…
KUALA LUMPUR (Oct 16): The FBM KLCI reversed its earlier losses and climbed at mid-morning, tracking the modest rise at the regional markets. At 10am, the…
BEIJING (Oct 16): China’s factory-gate inflation cooled for a third straight month in September amid ebbing domestic demand, pointing to more pressure on the world’s second…
(Oct 16): With a little less than a quarter left of a year that’s already witnessed a trade war between the world’s two largest economies,…
KUALA LUMPUR (Oct 16): Top Glove Corp Bhd shares rose as much as 46 sen or 4.1% to RM11.68 so far today after the company…