The dollar posted fresh trend lows as the ‘2021 reflation trade’ ensued. The MSCI Asia-Pacific index hit a new record high, as did S&P 500 futures, while Europe’s Stoxx 600 posted a nine-month high. Commodities gained, with Brent oil prices posting new nine-month highs above $51.00, while base metals rallied, although prices remained off recent […]
The dollar posted fresh trend lows as the ‘2021 reflation trade’ ensued. The MSCI Asia-Pacific index hit a new record high, as did S&P 500 futures. Commodities gained, with Brent oil prices posting new nine-month highs above $51.00, while base metals rallied, although prices remained off recent trend highs. Against this backdrop, the DXY dollar […]
The Dollar fell to new trend lows on Thursday in N.Y., taking the DXY to 89.76, the first time under the 90.00 mark since April of 2018. Prospects for another fiscal stimulus package, along with a “lower for longer” Fed, and negative real U.S. interest rates will likely continue to result in further USD losses […]
NEW YORK (Dec 17): Several former world leaders, a Hong Kong media tycoon, the CEO of Theranos and Jeffrey Epstein’s confidante — all are scheduled…
KUALA LUMPUR (Dec 17): Based on corporate announcements and news flow today, companies that may be in focus on Friday (Dec 18) include: Latitude Tree…
KUALA LUMPUR (Dec 18): Perak Corp Bhd’s share price soared as high as 61 sen in morning trade today, up 17.5 sen or 40.23% from its…
KUALA LUMPUR (Dec 18): There are jobs in the pipeline for companies that are involved in the water treatment-related business. Pengurusan Air Selangor Sdn Bhd (Air…
KUALA LUMPUR (Dec 18): Bursa Malaysia ended broadly lower in the mid-morning, with selling pressure seen across the board, led by the financial services sector. The benchmark FBM KLCI fell…
KUALA LUMPUR (Dec 18): Shares and warrants in infrastructure group Taliworks Corp Bhd rose today after Pengurusan Air Selangor Sdn Bhd (Air Selangor) said it will call…
KUALA LUMPUR (Dec 18): Former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim’s family today failed to get a stay from the High Court here against…
KUALA LUMPUR (Dec 18): Former deputy finance minister Datuk Ahmad Maslan today failed in his third attempt to send representation to the prosecution to either…
KUALA LUMPUR (Dec 18): theedgemarkets.com highlighted 16 stocks with momentum at the afternoon close on Bursa Malaysia today. Two stock displayed positive momentum, while 14 showed negative…