Ex-Tabung Haji chairman Abdul Azeez's family fail to get stay in forfeiture gazette
KUALA LUMPUR (Dec 18): Former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim’s family today failed to get a stay from the High Court here against…
KUALA LUMPUR (Dec 18): Former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim’s family today failed to get a stay from the High Court here against…
KUALA LUMPUR (Dec 18): theedgemarkets.com highlighted 16 stocks with momentum at the afternoon close on Bursa Malaysia today. Two stock displayed positive momentum, while 14 showed negative…
(Dec 18): For all the talk of an economic decoupling between China and the US and its allies, foreign companies continue to pour money into…
The DXY dollar index has remained heavy, testing the 32-month low at 90.43. EUR-USD has concurrently been holding firm, though has remained off its 32-month highs at 1.2177-78. USD-JPY, now amid its fourth down day out of the last five, has ebbed to a five-week low at 103.42. As we have noted before, real interest […]
The dollar has seen a renewed decline, which has come amid a backdrop of risk-on positioning in global markets with investors not waiting to participate in the ‘2021 reflation trade’. The DXY dollar index dropped to a new 32-month low at 90.13. EUR-USD concurrently rallied above 1.2200 for the first time since April 2018. USD-JPY, […]
FX trade was quiet ahead of the FOMC in N.Y. on Wednesday, with the USD moving slightly higher through the morning session. The Dollar headed to session highs following the FOMC announcement, which saw no change in interest rates, as widely expected, though made no changes to its asset purchase program. The Fed did not […]
US Dollar weakness against the backdrop of heightened US fiscal stimulus expectations has reinvigorated the bullish fundamental backdrop for silver prices.
The DAX is trading towards record highs while the CAC continues to consolidate; trend favors more buying in days ahead.
The US Treasury has added Switzerland to its list of currency manipulators. Will this prevent the SNB from intervening?
The Canadian Dollar rally may be vulnerable at multi-year extremes as USD/CAD tests trend support. Here are the technical levels that matter on the Loonie weekly chart.
KUALA LUMPUR (Dec 16): Based on corporate announcements and news flow today, companies in focus tomorrow (Dec 17) may include: Komarkcorp Bhd, Kossan Rubber Industries…
NEW YORK (Dec 16): Asian stocks were set for gains on Thursday as progress toward a long-awaited U.S. stimulus package and a pledge by the…
WASHINGTON (Dec 17): The US Federal Reserve (Fed) on Wednesday kept its benchmark interest rate unchanged at the record-low level of near-zero after concluding the…
KUALA LUMPUR (Dec 17): Hong Leong Investment Bank (HLIB) Research expects property developers to continue facing a tough operating environment in 2021, with developers cautiously…