News

A risk-on theme continued to course through forex markets, which has propelled AUD-JPY, a cross with a relatively high beta characteristic, up by over 0.6% in making an eight-day high at 78.94. USD-JPY, meanwhile, rose for a third consecutive session, this time printing a new seven-week high at 110.70. EUR-JPY and other Yen crosses have […]

The Dollar firmed up some in during the late European AM, recouping after correcting an overall bullish trend over the last day. EUR-USD pushed toward 1.1300, down from yesterday’s 1.1341 high, which was the rebound-high seen yesterday after the pair had printed a three-month low at 1.1257. Cable ebbed a back under 1.2900. USD-JPY continued […]

The Dollar rallied in N.Y. on Wednesday, getting an early boost from a tame CPI outcome, though stronger average hourly earnings. Stocks and yields firmed up, as hope that Trump will sign the agreed to spending bill by the Friday deadline percolated higher. EUR-USD printed 1.1273 lows, down from near 1.1345. USD-JPY popped over 110.90 […]

SINGAPORE (Feb 13): Singapore continues to remain at No.1 in Asia in terms of readiness to embrace autonomous vehicles (AVs) and second in the world…

KUALA LUMPUR (Feb 13): Based on corporate announcements and news flow today, stocks in focus on Thursday (Feb 14) may include: Vertice Bhd, CB Industrial…

(Feb 13): Diversity and inclusion. Words repeated so often they’re virtually mantra in corporate America. Hardly a day goes by without some CEO extolling the…

KUALA LUMPUR (Feb 14): The FBM KLCI is expected to trade range bound today, riding on the firmer overnight close at most global markets, whilst…

(Feb 14): Anwar Ibrahim, head of Malaysia’s ruling party, said the nation “will not compromise” in its talks with Goldman Sachs Group Inc. over the…

(Feb 14): Hong Kong will retain its mantle of the world’s most-expensive office market in 2019 even though rents are expected to soften. That’s according to…

(Feb 14): Malaysia’s would-be prime minister said he expects to take power from Mahathir Mohamad in less than two years but wants to give the…

KUALA LUMPUR: The ringgit, which has been on an upward trend over the past two months, has gained 1.5% against the US dollar year to…

KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus is expected to unveil the gross domestic product (GDP) growth numbers for the…

KUALA LUMPUR (Feb 14): The FBM KLCI ticked marginally higher in early trade today, against the backdrop of cautious regional markets. At 9.05am, the FBM KLCI…

The main theme has been Yen underperformance, which has been concomitant with a cautious-but-distinct risk-on sentiment in global markets. USD-JPY rose to a near seven-week high of 110.65. EUR-JPY has also gained, while AUD-JPY has outperformed with a rise of 0.5% in making a six-day high at 78.35. The Dollar has entered a consolidation after […]

The Dollar posted fresh highs, while the Yen underperformed against a backstop of rallying global stock markets. EUR-USD printed a three-month low at 1.1257 before rebounding smartly back to the 1.1280 area amid a spike in EUR-CHF and broader underperformance in the Swiss franc amid suggestions of SNB intervention. Some market narratives have been highlighting […]

The Dollar lost ground in N.Y. on Tuesday, taking the DXY from trend highs of 97.20 to a low of 96.65. Hopes for progress on U.S.-China trade talks, along with an agreement to keep the U.S. government funded beyond Friday, reversed some of the Dollar safe-haven buying seen for the past week. EUR-USD rallied from […]

KUALA LUMPUR (Feb 12):  Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (Feb 13) may include the…