News
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Gold Price Forecast: XAU Election Breakout Drives Fresh Highs
Gold finally broke out of the falling wedge that had built for much of the past three months. But can bulls continue the move?
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USD/CAD Technical Outlook: Looking to Snap Support, Extend Slide
USD/CAD is very near breaking long-term support, which will put it in danger of trading off by a much larger amount.
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Pound Technical Analysis: GBP/USD Set up to Stay Strong
A generally weak dollar is setting up cable and others to rally in the days ahead; GBP/USD lines and levels to watch.
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US Dollar Outlook: Post-Election Plunge Puts USD at Key Trend Support
Dollar Index plunged 1.94% post-election with the price sell-off now at multi-year uptrend support. Here are the levels that matter on the DXY weekly technical chart.
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Muhyiddin: Budget 2021 to drive business, economic sectors
KUALA LUMPUR (Nov 6): Budget 2021 will ensure that the business and economic sectors continue to be driven through various specific measures, said Prime Minister…
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Budget 2021: Govt widens existing measures to lighten rakyat’s burden
KUALA LUMPUR (Nov 6): Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has tabled Budget 2021 at the Dewan Rakyat today, which included many measures…
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EVENING 5: Five things you need to know today
EVENING 5: Budget 2021 edition Missed the tabling of Budget 2021 earlier today? Here are some of the key takeaways. 1. Malaysia announces its largest…
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Budget 2021: RM15 billion allocated for key transport infrastructure projects
KUALA LUMPUR (Nov 6): The government has said it is committed to implementing key transport infrastructure projects, allocating a total of RM15 billion in Budget…
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Mark Mobius says Biden bad for US equities, good for others
(Nov 6): A Joe Biden presidency would be negative for equities in the US and positive for other markets given his plans to hike taxes…
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SERC more conservative, forecasts 5% GDP growth in 2021
KUALA LUMPUR (Nov 6): While the government is forecasting the country’s economy to grow between 6.5% and 7.5% in 2021, the Socio-Economic Research Centre (SERC)…
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White House in reach for Biden as he takes leads in Pennsylvania, Georgia
WASHINGTON (Nov 6): Democratic presidential candidate Joe Biden took the lead over President Donald Trump in the battleground states of Pennsylvania and Georgia for the…
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Boustead chief Amrin Awaluddin said to be leaving for LTAT
KUALA LUMPUR (Nov 6): Boustead Holdings Bhd managing director (MD) and chief executive officer (CEO) Datuk Seri Amrin Awaluddin is said to be leaving the…
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LKL, AT Systematization, Boustead, Techfast, Top Glove, Hartalega, Supermax and Kossan
KUALA LUMPUR (Nov 6): Based on corporate announcements and news flow today, companies in focus next week may include: LKL International Bhd, AT Systematization Bhd,…
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Budget 2021: Banks embrace responsibility to continue assisting customers in difficult times
KUALA LUMPUR (Nov 6): The various initiatives announced in the government’s Budget 2021 are welcomed by banks who say that it remains expansionary while maintaining…
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XE Market Analysis: Europe – Nov 05, 2020
The dollar majors have been seeing relatively narrow ranges so far today, despite global stock markets rallying and sovereign bond yields, led by U.S. Treasury yields, tumbling. Markets are discounting a Biden presidency and a split Congress. Although Democrats still have a narrow path to taking control of the Senate (there is a 48 versus […]