News
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XE Market Analysis: Europe – Jul 21, 2020
The narrow trade-weighted USD index edged out a fresh three-and-a-half month low at 95.65, which is a culmination of a clear three-week downtrend. The euro is trading at modestly softer levels against the dollar and most other currencies, with the forex market looking to have priced-in the green lighting of the EU recovery fund. EUR-USD […]
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XE Market Analysis: North America – Jul 21, 2020
A risk-on positioning formation has been ensuing in currency markets, which has meant dollar and yen underperformance alongside commodity currency outperformance. The narrow trade-weighted USD index edged out a fresh three-and-a-half month low at 95.62, which is a culmination of a clear three-week downtrend. The euro is trading at modestly softer levels against the dollar […]
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KLCI rises, Duopharma spikes to record high on Covid-19 vaccine optimism
KUALA LUMPUR (July 21): The FBM KLCI closed 6.48 points or 0.41% higher at 1,595.93 today, tracking global stock gains following news on hopes of…
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Covid-19: Active cases stay above 100-mark for third consecutive day
KUALA LUMPUR (July 21): Malaysia recorded 15 new cases of Covid-19 as of noon today, pushing the number of active cases to 130. This is the…
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Good that Covid-19 handled by professionals but what about GLCs, asks Tun M
KUALA LUMPUR (July 21): Former prime minister Tun Dr Mahathir Mohamad lauded the Perikatan Nasional (PN) government’s move to leave the Covid-19 crisis to the…
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SC introduces enhanced IPO framework, to take effect in January 2021
KUALA LUMPUR (July 21): The Securities Commission Malaysia (SC) is introducing an enhanced initial public offering (IPO) framework which will take effect on Jan 1,…
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LSE legal department says Jalil Rasheed not an LSE graduate
KUALA LUMPUR (July 21): The London School of Economics and Political Science (LSE)’s legal head Kevin Haynes has clarified that a degree from the University…
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Pharmaniaga, Duopharma shares soar amid Covid-19 vaccine hope
KUALA LUMPUR (July 21): Pharmaceutical companies Pharmaniaga Bhd and Duopharma Biotech Bhd saw their share prices soar in Bursa Malaysia afternoon trades today as hopes…
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Malaysia, Singapore to ink RTS deal on July 30, price tag to rise at least RM500m
KUALA LUMPUR (July 21): Malaysia and Singapore are set to sign the agreements for the Johor-Bahru-Singapore Rapid Transit System (RTS) on July 30, with the…
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EVENING 5: Five things you need to know today
EVENING 5: Covid-19 could cost Malaysian aviation RM13bil 1. Covid-19 could potentially cost the Malaysian aviation industry up to RM13 billion. 2. The London School of Economics…
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Ministry confirms Top Glove HQ raided but cleared of forced labour
KUALA LUMPUR (July 21): The Ministry of Human Resources (MOHR) confirmed that the headquarters of Top Glove Corporation Bhd in Meru, Klang had been raided…
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Top Glove, CIMB, CapitaLand Malaysia Mall Trust, TAS Offshore, Puncak Niaga, Sime Darby Plantation, Zecon, Marine & General, TNB, Komarkcorp, Sime Darby Property, SBC Corp, Prestariang and APFT
KUALA LUMPUR (July 21): Based on corporate announcements and news flow today, stocks in focus tomorrow may include Top Glove Corp Bhd, CIMB Group Holdings…
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Canadian Dollar: USD/CAD Price May Break Below a Stubborn Support Level
Last month, USD/CAD pulled out of a tumble and higher and started a sideways move. Will the market trade in a clear direction this week?
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DAX 30 Trying to Fill the Coronavirus Gap, Run to Record Highs
The DAX is rallying, with the gap that started the Q1 sell-off currently in play and record highs not far away; CAC not as strong but to follow along for the ride.
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Bitcoin Forecast: BTC/USD Price Faces a Key Resistance Level
Last month, Bitcoin pulled out of a tumble and started a sideways move. Will BTC/USD trade in a clear direction this week?
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Australian Dollar Forecast: AUD/USD Breakout Rallies to New 2020 High
Australian Dollar broke above critical resistance today with Aussie registering fresh yearly highs. Here are the levels that matter on the AUD/USD technical charts.
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