EVENING 5: Five things you need to know today
EVENING 5: Worst over for GenM, says RHB Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. RHB Research…
News
-
-
Malaysia Airlines defers payments to bond holders by six months
KUALA LUMPUR (Sept 22): Cash-strapped Malaysia Airlines Bhd has postponed its upcoming bond payments as the national carrier grapples with the economic impact of the…
-
Top Glove spent RM328.5 mil so far this month for share buybacks
KUALA LUMPUR (Sept 22): Top Glove Corp Bhd, whose cash pile ballooned to RM1.21 billion, continued its share buyback this week. The world’s biggest rubber glove…
-
Kanger, Asdion, Pasukhas, KESM, Widad, Malakoff, Notion Vtec, Axiata and Iconic Worldwide
KUALA LUMPUR (Sept 22): Based in corporate announcements and newsflow today, stocks in focus tomorrow may include: Kanger International Bhd, Asdion Bhd, Pasukhas Group Bhd,…
-
XE Market Analysis: Europe – Sep 21, 2020
Dollar softness juxtaposed to yen firmness has been the dominant theme in currency markets so far today, which has been concomitant with tumbling global stock markets. USD-JPY dropped 0.4% in pegging a fresh seven-week lows under 104.20. Today racks up as the sixth straight trading day of decline, making this week the third consecutive week […]
-
XE Market Analysis: North America – Sep 21, 2020
The dollar and yen rallied, the latter especially so amid safe haven demand as global stock markets and commodity prices turned sharply lower, which in the case of the greenback countervailed concerns about the approaching U.S. election and lower-for-longer Fed policy regime. EUR-USD dove to a four-day low at 1.1780, after pegging a five-day high […]
-
-
-
-
-
-
-
-
-
-
-
Weekly Fundamental Gold Price Forecast: Tailwinds Remains Strong
Gold prices may be entering a favorable period, with volatility studies pointing to increasing uncertainty in financial markets through the end of the year.
-
Australian Dollar Time Cycle: AUD/USD, AUD/JPY, AUD/CHF Key Levels
The Australian Dollar may continue to outperform its haven-associated counterparts after breaking above key chart resistance. AUD/USD, AUD/JPY, AUD/CHF levels to watch.
-
Euro Technical Forecast: EUR/USD, EUR/CHF, EUR/AUD, EUR/CAD
The Euro seems to have avoided a breakout lower against the US Dollar. This is as EUR/CHF faces converging trend lines. EUR/AUD may bounce, will EUR/CAD follow higher?
-
Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Sep 08, 2020 when Germany 30 traded near 12,883.80.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
-
Euro Bulls Exiting, GBP/USD Negatives Rise, AUD/USD Flips Bullish – COT Report
Euro bulls heading for the exit as the US Dollar appears ripe for a rally. GBP on course for deeper setback.
-
DAX 30, CAC 40 Technical Outlook: Sell-off May Just Be Getting Started
European are starting to finally break out of the narrowing ranges they have been stuck in for quite some time.
-
Covid-19: Malaysia reports 57 new cases, new cluster in Sabah
KUALA LUMPUR (Sept 21): Malaysia reported 57 new Covid-19 cases today and a new cluster in Sabah. This raised the total number of confirmed infections in…
-
US to surpass grim milestone of 200,000 Covid-19 deaths
BENGALURU (Sept 21): The death toll from the spread of coronavirus in the United States was approaching over 200,000 lives on Monday, more than double the number of…
-
Inter-Pacific starts coverage on Serba Dinamik with 'buy' call
KUALA LUMPUR (Sept 21): Inter-Pacific Research Sdn Bhd said today it initiated coverage on Serba Dinamik Holdings Bhd shares with a “buy” recommendation and target…
-
Tesla traders bet on Musk's battery pitch to spark rally
(Sept 21): Fasten your seatbelt, because Tuesday is Tesla’s “Battery Day”, and some investors expect Chief Executive Elon Musk’s pitch on the electric car maker’s…
-
Malaysia's exports to benefit from improving Chinese import demand — ICAEW
KUALA LUMPUR (Sept 21): Malaysia’s exports are set to benefit from improving Chinese import demand and the electronics cycle, according to the Global Economic Outlook report from…
-
Banks slide with US$2 trillion of suspect flows under scrutiny
The documents detailed more than US$2 trillion in transactions between 1999 and 2017 that were flagged by financial institutions’ internal compliance officers as possible money…