News
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GBP/USD Technical Outlook: Key Breakout Level Converging with Brexit
Cable is in breakout territory as a Brexit deal appears imminent; could the timing lead to a sustained move higher or will the up-move draw to an end?
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Economic recovery likely in early months of 2021, says DOSM
KUALA LUMPUR (Dec 24): Malaysia’s economy is expected to continue its journey towards recovery in the early months of 2021, according to the Department of Statistics Malaysia (DOSM). Citing…
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UK bans entries from South Africa after different new Covid-19 strain found
MOSCOW (Dec 24): The UK today banned entry for passengers traveling from South Africa after a second new variant of the coronavirus, SARS-CoV-2, allegedly originating from…
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Youth unemployment: a scourge of the COVID-19 economy
(Dec 24): As 2020 was dawning, the oldest members of the world’s youngest generation – Generation Z – were preparing to emerge into one of…
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KLCI closes lower as investors take profit ahead of extended weekend
KUALA LUMPUR (Dec 24): The FBM KLCI bucked the regional trend and finished in the negative territory today as investors opted to cash out after…
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Malaysia’s Covid-19 infections rise above 100,000 after 1,581 new cases
KUALA LUMPUR (Dec 24): Malaysia’s confirmed Covid-19 infections surpassed 100,000 today, after 14 straight days of four-digit cases. New cases in the 24 hours up to…
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Evening 5: Five things you need to know today
EVENING 5: WCT’s LRT3 contracts get downsized Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. WCT Holdings…
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Brexit trade deal sealed: EU and UK clinch narrow accord
LONDON/BRUSSELS (Dec 24): Britain clinched a narrow Brexit trade deal with the European Union (EU) on Thursday, just seven days before it exits one of…
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Supermax, Yinson, MTD ACPI, TM, KTG, Komarkcorp, WCT, Johan, Wegmans, Lambo, Cymao
KUALA LUMPUR (Dec 24): Based on corporate announcements and news flow today, companies that may be in focus next Monday (Dec 28) include Supermax Corp…
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2020 — a year like no other
KUALA LUMPUR (Dec 25): The year 2020 is a year like no other for most of us, except for the generation who lived through World…
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CPO on track to post the highest year-end closing in 25 years
Due to pandemic fears, the CPO prices plunged in the first four months, but the prices bounced back strongly soon after that. KUALA LUMPUR (Dec 25):…
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XE Market Analysis: Europe – Dec 23, 2020
The euro has been heavy, edging out a five-day low against the pound, and a two-day low versus the yen while nearing yesterday’s low in the case against the dollar. The common currency has been a popular long against the dollar in recent weeks, and prevailing weakness may be reflecting some late hedging of positions […]
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XE Market Analysis: North America – Dec 23, 2020
The euro has been heavy, edging out a five-day low against the pound, and a two-day low versus the yen while nearing yesterday’s low in the case against the dollar. The common currency has been a popular long against the dollar in recent weeks, and prevailing weakness may be reflecting some late hedging of positions […]
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XE Market Analysis: Asia – Dec 23, 2020
The Dollar fell through the morning session in N.Y. on Wednesday, which saw the DXY fall from 90.58 highs early in the session to 90.16 after the last of the heavy data slate was released. Friday’s U.S. reports were disappointing overall, and the mix of weaker income, consumption and home sales weighed on the USD. […]
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