News

KUALA LUMPUR (Nov 25): Economists are keeping their target of a 1% contraction in inflation for 2020, after consumer prices in October fell for the…

KUALA LUMPUR (Nov 26): Top Glove Corp Bhd’s share price jumped more than 4% in morning trade on Bursa Malaysia today after the glove maker’s executive…

KUALA LUMPUR (Nov 26): The main index of Bursa Malaysia reversed its earlier loss and climbed in the mid-morning as index-linked glove makers lifted against a backdrop…

KUALA LUMPUR (Nov 26): Shares in steel product and equipment maker Prestar Resources Bhd rose to their highest in three months this morning after the company’s net…

KUALA LUMPUR (Nov 26): The Parliament proceedings will be in session today until debates on Budget 2021 are concluded. At the start of today’s proceedings, Minister in the…

The dollar bloc and other commodity and cycle currencies have gained amid risk-on positioning in global markets, though many bellwether equity indices and commodities remain off recent trend highs, while Chinese markets fell after recent strong gains. Australia’s ASX 200 still rallied to a new eight-month high. EuroStoxx 50 and S&P mini futures posted 0.5%-plus […]

The dollar and yen came under pressure as risk-on positioning re-established. Pound outperformance was another theme. The MSCI Asia-Pacific ex-Japan stock index hit a new record high. Europe’s Stoxx 600 pared early gains, leaving last week’s eight-month highs unchallenged, but remained remaining buoyant. S&P 500 E-mini futures were showing a 0.5% gain as of the […]

The Dollar ran higher into the N.Y. open and beyond on Tuesday, taking the DXY from 92.19 to 92.55. The USD advanced versus all the major currencies, seemingly on the back of the formal start to the transition to a Biden presidency. Gains were later partly reversed, perhaps as risk-taking levels surged. The DJIA headed […]