Generally weaker incoming U.S. data had little impact on the Dollar in N.Y. on Wednesday, which was largely range bound, though a little firmer overall. Consumer sentiment was softer than forecast, while jobless claims were higher than expected. Existing home sales however, slightly beat expectations. EUR-USD bottomed at 1.1380, from 1.1425 highs. USD-JPY meandered between […]
OVERVIEW The Euro rallied against US Dollar despite Italian budget worries The Pound held steady as PM May perseveres with her Brexit plan The South African Rand is at 2-week highs as risk appetite improves HIGHLIGHT The Euro to US Dollar rate rose today despite Italy not budging on their budget deficit. The US Dollar has […]
The Dollar majors have seen narrow ranges in thin conditions. U.S. markets are closed today, and will be skeleton-staffed tomorrow, while Japan will be out for its version of the Thanksgiving holiday tomorrow. EUR-USD has settled around the 1.1400 level, where the pair has been oscillating around over the last day, and USD-JPY has trod […]
KUALA LUMPUR (Nov 22): Bursa Malaysia said today proprietary day trading (PDT) intraday short selling (IDSS) of Pos Malaysia Bhd securities have been suspended for…
KUALA LUMPUR (Nov 22): Malaysian stocks will pick up next year as confidence returns to the market as people now know what to expect after…
KUALA LUMPUR (Nov 22): Full-service point-to-point carrier, FlyFirefly Sdn Bhd, which operates as Firefly, today confirmed it will suspend flights into Singapore, effective Dec 1,…
(Nov 22): Nokia will merge its mobile networks and fixed networks business groups into a new unit called Access Networks as it takes aim at 5G…
KUALA LUMPUR (Nov 22): The dip in crude palm oil (CPO) prices to below the RM2,000 per tonne level has stirred some panic in the…
TOKYO (Nov 22): Japan’s government pointed on Thursday to signs of increasing weakness in some Asian economies as escalating trade frictions cloud the region’s growth outlook,…
KUALA LUMPUR (Nov 22): The FBM KLCI rose 0.25 point or 0.01% to close at 1,695.62 after volatile trade amid concerns on rising US interest…
KUALA LUMPUR (Nov 22): The Malaysian Aviation Commission (Mavcom) said today it is cognisant of the “potential inconsistency” between the departure levy to be introduced…
SINGAPORE (Nov 22): Singapore’s Finance Minister Heng Swee Keat will be named first assistant secretary-general of the country’s ruling political party, the Today newspaper reported,…
SERDANG (Nov 22): Prime Minister Tun Dr Mahathir Mohamad said the government is in the process of drafting the National Agro-Food Policy 2021-2030, the objective…