Dollar and yen firmness, and sterling underperformance has continued for a second day amid a backdrop of tumbling global stock markets (although U.S. index futures have stabilized). The narrow trade-weighted USD index (DXY) lifted to a one-month peak at 93.56, extending the rebound from the 29-month low that was seen last week at 91.75. EUR-USD […]
Dollar and yen firmness, and sterling underperformance has continued for a second day. The narrow trade-weighted USD index (DXY) lifted to a one-month peak at 93.64, extending the rebound from the 29-month low that was seen last week at 91.75. EUR-USD concurrently carved at a one-month low at 1.1753. USD-JPY ebbed to an eight-day low […]
Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Germany 30 trading bias.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias.
The outlook for the S&P 500, Dow Jones Industrial Average and growth-linked Australian Dollar seems to be pointing lower as retail investors increase their upside exposure.
European indices continue to move sideways and even hold up while U.S. markets work off some froth; either way, up or down, there are guides to follow for a breakout.
KUALA LUMPUR (Sept 9): A former aide of Datin Seri Rosmah Mansor today told the High Court about the level of influence the then prime…
KUALA LUMPUR (Sept 9): The current foreign worker shortage seen in Malaysia will have a negative impact on Sime Darby Plantation Bhd (SDP)’s production. During a…
KUALA LUMPUR (Sept 9): Datin Seri Rosmah Mansor wanted up to 17% of Jepak Holdings Sdn Bhd’s RM1.25 billion solar hybrid project — awarded by the…
KUALA LUMPUR (Sept 9): Datuk Rizal Mansor, the former aide of Datin Seri Rosmah Mansor turned star witness in her multi-million ringgit graft trial, said…
KUALA LUMPUR (Sept 9): There is a high possibility Bank Negara Malaysia (BNM) will reduce the Overnight Policy Rate (OPR) by another 25 basis points…
KUALA LUMPUR (Sept 9): The FBM KLCI closed down 22.6 points or 1.49% at 1,496.72 today, the first close under 1,500 since June 29 this…
KUALA LUMPUR (Sept 9): New Covid-19 cases in Malaysia dropped to 24 today — 18 local transmissions and six imported cases — after sharp rises…
EVENING 5: Rosmah respected and feared, says ex-aide Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Datin Seri Rosmah…
(Sept 9): Forced to stay home when Malaysia deployed its army to ensure strict adherence to a virus-induced lockdown earlier this year, Victor Yap sat…
KUALA LUMPUR (Sept 9): Samsung Electronics has added another genre-bending phone to its existing stable of premium foldable gadgets, namely the Galaxy Fold and the…
The dollar traded firmer against most peer currencies amid a backdrop of rebounding global stock markets. The narrow trade-weighted USD index printed a four-day high at 93.20, while EUR-USD ebbed to a four-day low at 1.1795. Cable, which is down for a fifth consecutive trading day, posted a 13-day low at 1.3128, while EUR-GBP concurrently […]
The pound came under heavy Brexit-related pressure during the London morning, while the dollar and yen outperformed their peer group. Stock markets in Europe and U.S. equity index futures tumbled, while Asian equities mostly closed higher. Cable dropped over 1% in pegging a four-week low at 1.3023, while EUR-GBP rallied to a three-week high at […]