News
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EUR/USD Net Longs Slashed, USD Bottoms as Bears Unwind – COT Report
Sentiment in the Euro continues to deteriorate amid resurgence of virus cases. USD bottoms as bears unwind.
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US Dollar Technical Outlook: DXY Up-move, Continue or Falter?
The US Dollar Index (DXY) is again looking like it wants to abide by support and rally, but it still has its work cut out for it…
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EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since May 18, 2020 when EUR/USD traded near 1.09.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.
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France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Oct 26, 2020 09:00 GMT when France 40 traded near 4,815.30.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.
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Parliament session adjourns early as Dewan Negara staff Covid-19 positive
KUALA LUMPUR (Nov 2): A few Dewan Negara staff have caught Covid-19, rendering Parliament a high-risk area, Minister in the Prime Minister’s Department (Parliament and…
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Guan Eng says no Unity Budget 2021 if govt rejects PH's six proposals
KUALA LUMPUR (Nov 2): DAP secretary-general Lim Guan Eng said today there will be no “Unity Budget 2021” if the Perikatan Nasional (PN) government rejects Pakatan…
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Covid-19: Malaysia reports 834 new cases with five new clusters found; Labuan sees spike of 105 cases
KUALA LUMPUR (Nov 2): Malaysia today recorded 834 new Covid-19 cases, 60% from the worst-hit state of Sabah, with five new clusters detected across the…
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KLCI flat after choppy trade ahead of BNM rate decision, US presidential election
KUALA LUMPUR (Nov 2): The FBM KLCI closed down 0.43 point or 0.03% at 1,466.46 after choppy trades in the final hour amid a confluence…
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43% of Malaysians think PN is a viable government — survey
KUALA LUMPUR (Nov 2): Some 43% of Malaysians believe that the Perikatan Nasional (PN) government is a viable one, compared to a smaller proportion of…
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EVENING 5: Five things you need to know today
EVENING 5: Khazanah in for Ant IPO windfall — report Dirty dealings. Corporate battles….
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Petronas to pay RM34 billion dividend this year, says Mustapa
KUALA LUMPUR (Nov 2): Petroliam Nasional Bhd (Petronas) will pay RM34 billion in dividend to the federal government this year, although the national oil company…
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FGV, DRB-Hicom, Tomei, Cycle and Carriage, Kerjaya Prospek Property, Dufu, Kronologi, Hibiscus, Tadmax and Pintaras Jaya
KUALA LUMPUR (Nov 2): Based on corporate announcements and news flow today, stocks that are likely to be in focus tomorrow are as follows: FGV…
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Wall Street rises but market braced for choppy week on eve of U.S. election
NEW YORK (Nov 3): The Dow and S&P closed higher on Monday with the Nasdaq posting slimmer gains on the eve of the U.S. presidential…
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Factory data lifts stocks, dollar gains on U.S. election jitters
NEW YORK (Nov 3): Global equity markets rebounded on Monday as robust U.S., China and euro zone factory data offset lockdowns in Europe to combat…
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