The Dollar has held an upwardly mobile trajectory in the wake of yesterday’s above-forecast U.S. GDP data and associated lift in Treasury yields. EUR-USD re-tested yesterday’s post data low at 1.1361, while USD-JPY has rallied to a fresh 10-week high at 111.77. Yen crosses were generally firmer to, with the Japanese currency underperforming as it’s […]
The Dollar posted fresh highs against the Euro and Yen, among other currencies, extending the gains sparked by yesterday’s above-forecast growth data out of the U.S., which has improved the yield advantage the U.S. currency has against many of the main currencies. EUR-USD posted a three-day low at 1.1353, before lifting to around 1.1370-75. Lower […]
OVERVIEW The US Dollar Index closed February strongly with robust GDP data The British pound remains buoyant, hoping the Parliament will agree on Plan B of the UK-EU exit deal. NYMEX WTI Crude is steady at $57.30 after appreciating by nearly 13% over February.
OVERVIEW The US Dollar Index closed February strongly with robust GDP data The British pound remains fierce, hoping that Parliament will agree on Plan B of the UK-EU exit deal. NYMEX WTI Crude is steady at $57.30 after appreciating by nearly 13% over February.
The Dollar got beat up a little in early N.Y. trade on Friday, with sentiment dented by misses in the manufacturing ISM, and a softer than expected University of Michigan consumer sentiment outcome. Wall Street and yields moved higher, as hopes for progress on U.S.-China trade talks rose. The DXY bottomed at 96.13 before turning […]
KUALA LUMPUR (March 1): VS Industry Bhd shares rose 9.5 percent, more than any full-day gain since Jan 10, while Malaysia’s benchmark index declined. Market Metrics *…
(March 1): Genting Hong Kong Ltd shares fell 9.1% in Hong Kong trading, more than any full-day drop since March 2, 2018, while Hong Kong’s…
CYBERJAYA (March 1): A study on the proposal to take over other toll concession companies throughout the country is expected to be completed in two…
KUALA LUMPUR (March 1): The FBM KLCI closed down for a fourth consecutive trading day today to end the week at 1,700 — a key…
KUALA LUMPUR (March 1): Malaysia Airlines Bhd said it ended 2018 with a marginally lower loss year-on-year (y-o-y) after facing a crew shortage, intense competition,…
KUALA LUMPUR (March 1): Hektar Real Estate Investment Trust(Hektar REIT) units closed up one sen or 0.89% today at RM1.13 after the group yesterday declared…
KUALA LUMPUR (March 1): Based on corporate announcements and news flow today, stocks in focus on Monday (March 4) could include Dolphin International Bhd, VS…
KUALA LUMPUR (March 2): Those who are familiar with the steel industry would know that blast furnaces operate continuously for long periods because they are…
SEMENYIH (March 2): A total of 24 polling centres, involving 116 streams, are open from 8am to 5.30pm today to enable constituents in the Semenyih…
Both the Yen and Swiss Franc have firmed up into the London interbank session, with both registering as the strongest currencies on the day so far with respective gains of 0.2% and 0.4% against the Dollar. This saw USD-JPY print a low at 110.69, while USD-CHF hit a four-week low at 0.9970, reportedly triggering sell […]
The Dollar has traded mostly weaker, showing losses of 0.4% against the Euro, 0.8% to the Swiss Franc, which has been the day’s outperformer, and a 0.2% advance on the Yen. The U.S. currency fared better against Sterling, which corrected some of its recent strong gains against most currencies, and the Dollar bloc currencies, which […]
OVERVIEW Sterling pulled back from recent highs as investors banked profits. Uncertainty still remains and will continue until it is clear how the UK will leave the EU, and on what terms. The focus is now on the next vote in parliament on any Plan B agreement terms which will take place on 12 March […]
The dollar rallied following the higher than expected Q4 GDP outcome, and the much better than expected Chicago PMI print. The DXY rallied to 96.28 highs from opening levels near 95.85. EUR-USD fell to 1.1360 from highs near 1.1420, while USD-JPY posted two-month highs of 111.43, up from around 110.75. USD-CAD bounced initially to 1.3207 […]
PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad yesterday called on some of the Pakatan Harapan government leaders to change their socialist way of thinking and…
KUALA LUMPUR (March 1): The FBM KLCI started off March on a poor note and fell 0.48% in early trade this morning and slipped below…
KUALA LUMPUR (March 1): The FBM KLCI pared some of its loss at mid-morning today but remained marginally below the crucial 1,700-point level, weighed by…
KUALA LUMPUR (March 1): Ringgit falls after completing a third monthly advance as the dollar regains momentum, and investors await Malaysia’s February bond inflow data…
CYBERJAYA (March 1): Finance Minister Lim Guan Eng said the Inland Revenue Board (IRB) will raise its income tax collection target to more than RM150…
KUALA LUMPUR (March 1): Shares in tycoon T. Ananda Krishnan-controlled Bumi Armada Bhd fell 11.11% in active trade this morning after the group reported a…
KUALA LUMPUR (March 1): Last year, Datuk Seri Najib Razak appeared in an interview where he lost his cool repeatedly, an interview which has won…
KUALA LUMPUR (March 1): Brahim’s Holdings Bhd shares tumbled as much as 71.4% in an active trade this morning after it lapsed into Practice Note…
KUALA LUMPUR (March 1): The Sessions Court was today informed that the prosecution in the case involving former prime minister Datuk Seri Najib Tun Razak…
KUALA LUMPUR (March 1): The Defence Ministry (Mindef) has told former Prime Minister Datuk Seri Najib Razak to concentrate on the corruption cases he is…