EVENING 5: Five things you need to know today
EVENING 5: Sapura denies Brazil corruption allegations 1. Sapura Energy Bhd strongly denies the current allegations of corruption in Brazil. 2. Eco World Development Group Bhd and…
EVENING 5: Sapura denies Brazil corruption allegations 1. Sapura Energy Bhd strongly denies the current allegations of corruption in Brazil. 2. Eco World Development Group Bhd and…
KUALA LUMPUR (Sept 24): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Sept 25) include Axiata Group Bhd,…
The Dollar firmed again in N.Y on Tuesday seeing the DXY trade on the 94 handle for the first time since late July. The index rallied from 93.58 early in the session to 94.07. Incoming data saw existing home sales in line with expectations, and the Richmond Fed index beating forecasts. Bot data points helped […]
The yen has been trading mixed today. USD-JPY edged above 105.00, while EUR-JPY and other yen crosses have traded softer. AUD-JPY fell by 0.5%, foraying further into 10-week low terrain, as expectations for another RBA rate cut cement in markets, which has been concomitant with recent declines in iron ore and other commodity prices. In […]
The dollar pulled back a little after posting fresh highs. This saw EUR-USD lift back above 1.1700 after earlier posting fell to an eight-week low at 1.1673. A strong rebound in global stock markets is putting pressure back on the dollar and giving EUR-USD buoyancy, although with the ECB having engaged in a form of […]
While IG Client Sentiment is offering a mixed outlook for the S&P 500 and Dow Jones, these could be at risk to a turn lower based on multiple bearish technical warning signs.
The NDX sell-off put the index back around major long-term support, how it plays out around here could have significant big-picture ramifications.
KUALA LUMPUR (Sept 23): Genting Malaysia Bhd said the full extent of the Covid-19 pandemic’s impact on the group’s global hotel and casino operations remains uncertain…
KUALA LUMPUR (Sept 23): The prosecution in ex-prime minister Datuk Seri Najib Razak’s SRC International Sdn Bhd case had not filed its petition of appeal…
KUALA LUMPUR (Sept 23): The government will implement several initiatives and additional assistance under the RM10 billion Prihatin Supplementary Initiative Package (Kita Prihatin) in line with its efforts…
KUALA LUMPUR (Sept 23): Prime Minister Tan Sri Muhyiddin Yassin said opposition leader Datuk Seri Anwar Ibrahim must prove his claim that he has the…