The Dollar majors are near net unchanged on the day so far, into the arrival of the London interbank market, while emerging market currencies have enjoyed some reprieve. EUR-USD has been holding near to 1.1600 after recouping from the two-week low that was seen yesterday at 1.1530, with reports of good selling interest above 1.1600 […]
The Dollar has traded mixed in narrow ranges with market participants anticipating Friday’s U.S. August jobs report, the resumption of Canada-U.S. trade talks and Trump’s decision on whether to markedly ramp up the Sino-U.S. trade war with tariff hikes on a further $200 bln worth of Chinese imports. EUR-USD has been holding below 1.1600 after […]
OVERVIEW The Pound jumps after coming off of a two week low, then pares gains in an uncertain market. US Dollar continues to rise despite trade tensions. Canadian Dollar is tipped to strengthen as interest rates are forecast to soon rise. HIGHLIGHT
The DXY fell in morning trade in N.Y. on Wednesday, led by Sterling gains, which came following a Bloomberg report that Germany has agreed to drop key Brexit demands, perhaps paving the way to a deal. Germany was apparently set to accept a less detailed agreement. Later, a German government spokesperson played down the report. […]
KUALA LUMPUR (Sept 5): My EG Services Bhd (MyEG) came under fresh buying interest today, emerging as the most active counter on Bursa Malaysia. A total…
PUTRAJAYA (Sept 5): Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali said Malaysia will be obliged to pay about S$15 million to Singapore by…
KUALA LUMPUR (Sept 5): S&P Global Ratings sees higher risks on the Malaysian government’s fiscal performance. But, on the other hand, the government’s austerity measures…
KUALA LUMPUR (Sept 5): The FBM KLCI slipped 17.26 points or 0.95% with Asian markets on US-China trade war escalation concerns. Such sentiment led to…
KUALA LUMPUR (Sept 5): MyHSR Corp Sdn Bhd, together with its Singapore counterpart (SG HSR), will be calling off the ongoing international joint tender for…
HSINCHU, Taiwan (Sep 5): In late August, the new chairman of chip-making titan Taiwan Semiconductor Manufacturing Co, Mark Liu, got the sort of news that would…
KUALA LUMPUR (Sept 5): The Securities Commission Malaysia (SC) has issued a notice directing the promoter of LavidaCoin to cease all promotional activities effective immediately,…
KUALA LUMPUR (Sept 5): The government today confirmed that a standardised minimum wage of RM1,050 a month, or RM5.05 an hour, will be implemented throughout…
KUALA LUMPUR (Sept 5): Bursa Securities has publicly reprimanded and ordered to strike off Mohd Izzaidi Hamzah from the register of Bursa Malaysia for carrying out…
KUALA LUMPUR (July 5): Based on corporate announcements and news flow today, companies in focus on Thursday (Sept 6) may include: 7-Eleven Malaysia Holdings Bhd,…