News
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Swiss Franc Technical Forecast: USD/CHF, NZD/CHF Eye Key Levels
The Swiss Franc may continue higher against the US Dollar as technical pressure favors USD/CHF bears. The New Zealand Dollar may have the upper hand against the Franc however after rallying to mult…
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US Dollar Technical Outlook: This Week Could Be Important for the DXY
The US Dollar Index (DXY) is very near what could amount to a macro make or break spot on the charts.
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US Dollar Short Squeeze Risks, JPY Longs Short-lived – COT Report
US Dollar shorts unwind continues, JPY bulls head for exit. GBP shorts grow.
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Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/GBP Levels to Watch
The Euro looks poised to continue gaining ground against haven-associated currencies and may reverse higher against the British Pound in the near term.
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EUR/CHF IG Client Sentiment: Our data shows traders are now net-long EUR/CHF for the first time since Nov 16, 2020 08:00 GMT when EUR/CHF traded near 1.08.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bearish contrarian trading bias.
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Vaccine news boosts commodities, emerging-market assets; stocks cheer Yellen news
NEW YORK (Nov 24): Stocks brushed up against last week’s record on Monday and an index of commodity prices closed at its highest since March…
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Apple security head charged with bribery for gun licences
(Nov 24): A California district attorney accused Apple Inc. Chief Security Officer Thomas Moyer of offering a bribe to state officials for gun licenses, according…
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Trump lost. Republican leaders need to say so
(Nov 24): Could anyone have doubted that Donald Trump would go out like this? Having lost the election decisively — by 74 votes in the Electoral…
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Clorox shipping nearly one million packs of wipes every day
(Nov 24): Clorox Co. is shipping out its disinfecting wipes as fast as the company can make them. It’s not fast enough. While the bleach maker…
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China Construction Bank aborts US$3b digital bond sale in Labuan — report
KUALA LUMPUR (Nov 24): Chinese state-owned China Construction Bank Corp (CCBC) has decided not to proceed with a sale of up to US$3 billion in…
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Supermax likely to be included in KLCI index, says CGS-CIMB
KUALA LUMPUR (Nov 24): CGS-CIMB Research said Supermax Corp Bhd will likely be included in the FBM KLCI index for the first time, replacing KLCCP…
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Oil holds near 3-month highs as vaccines stoke demand recovery hopes
SINGAPORE (Nov 24): Oil prices held gains on Tuesday as news of a third promising vaccine candidate spurred hopes of a quick recovery in oil…
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CGS-CIMB: Investors continue to switch to Covid-19 recovery theme plays
KUALA LUMPUR (Nov 24): CGS-CIMB Research observed that investors continued to switch to Covid-19 recovery plays (transport, energy and consumer), and expanded to include beneficiaries of an…
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KLCI remains lacklustre as Budget 2021 voting keeps investors on tenterhooks
KUALA LUMPUR (Nov 24): The main index of Bursa Malaysia bucked the regional trend and stayed lacklustre in the mid-morning as concerns over the Budget 2021…
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Top Glove falls as much as 7.48% on temporary disruption to 28 factories in Klang
KUALA LUMPUR (Nov 24): Top Glove Corp Bhd fell as much as 55 sen or 7.48% to RM6.80 in morning trade after the group confirmed that…
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