News

OVERVIEW  The Dollar Index traded with a negative bias for the second session in a row, down 0.6% amidst concerns over sliding Treasury yields. Sterling is trading stronger as members of Parliament started a debate on a UK-EU withdrawal agreement. NYMEX WTI Crude advanced by 1.80% today ahead of an OPEC meeting. HIGHLIGHT

After falling overnight, the DXY rallied through the N.Y. session on Tuesday, topping at 97.12 from lows of 96.39 into the open. There was no data to drive the market, though uncertainty over trade (Trump tweet: “I am Tariff Man”) spooked markets, resulting in safe-haven flows into the Dollar (and Yen). EUR-USD topped at 1.1418 […]

The Dollar has traded firmer despite fresh declines in U.S. yields yesterday, where the flattening yield curve has added the list of possible precursors of recession. Safe haven demand for the U.S. currency was cited in market narratives yesterday as Wall Street headed to sharp closing losses. There is also a holiday in the U.S. […]

The Dollar has traded mixed, falling back against the Euro and Sterling while holding firmer versus the Dollar bloc currencies and the Yen. EUR-USD recouped to levels around 1.1350 after printing a two-day low at 1.1317, which is just over a big figure down on yesterday’s peak. The low was a product of broad Dollar […]

KUALA LUMPUR (Dec 5): Malaysia’s palm oil stocks at end-November are likely to touch the 3-million-tonne mark, their highest in recent years, as the drop…

SINGAPORE (Dec 5): Singapore has made a “strong protest” to Malaysia over its plan to extend the limits of a port in its southernmost state, saying…

KUALA LUMPUR (Dec 5): Parliament Caucus Committee Monitoring Lynas today called for the Australian-based corporation to “stop bullying Malaysia” and to take away the radioactive…

KUALA LUMPUR (Dec 5): Malaysian palm oil futures fell more than 1% during the first half of trade on Wednesday, due to expectations of rising…

LONDON (Dec 4): Interest rate rises by major emerging market central banks have outstripped rate cuts for a seventh straight month in November – the…

KUALA LUMPUR (Dec 5): “Much interest” to buy the 1Malaysia Development Bhd (1MDB)-linked superyacht The Equanimity was received from bidders during the one month it…

KUALA LUMPUR (Dec 5): The FBM KLCI joined other Asian stock indices in tracking losses on Wall Street yesterday amid plunging US Treasury yields and…

JAKARTA (Dec 5): Indonesia has eased rules on palm oil levies and derivative products following a drop in prices, according to a finance ministry regulation…

JAKARTA (Dec 5): Top rubber producers Thailand, Malaysia and Indonesia will meet on Dec 16 to discuss ways to prop up distressed prices, including potentially…

SINGAPORE (Dec 5): Singapore Prime Minister Lee Hsien Loong has filed a defamation suit against a financial adviser and blogger who shared an article on…