EVENING 5: Five things you need to know today
EVENING 5: BNM keeps OPR in final 2020 meeting 1. Bank Negara Malaysia has decided to maintain the Overnight Policy Rate at 1.75% calling…
EVENING 5: BNM keeps OPR in final 2020 meeting 1. Bank Negara Malaysia has decided to maintain the Overnight Policy Rate at 1.75% calling…
KUALA LUMPUR (Nov 3): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Nov 4) include: LTKM Bhd, Parlo…
(Nov 3): Alibaba Group Holding Ltd’s US-traded shares tumbled as much as 9.7% on Tuesday after Ant Group Co, the finance affiliate also founded by…
(Nov 3): Giant banks have racked up more than US$4 billion in US penalties in a wave of settlements weeks before the presidential election. That…
NEW YORK (Nov 4): U.S. stocks closed sharply higher on Tuesday as Americans voted in one of the country’s most rancorous presidential elections and investors…
NEW YORK/LONDON (Nov 4): The dollar slid and global equity markets rose on Tuesday on bets of increased stimulus if Joe Biden wins the U.S….
The dollar been traded mixed in early week, early month trading. EUR-USD recovered above 1.1650 after pegging a five-day low at 1.1624. France and Germany are now in one-month lockdowns, and many other Eurozone and European nations are now operating under much tighter restrictions. Europe is now heading back into economic recession, although this shouldn’t […]
The pound is in decline as markets react to weekend news that the UK will be heading into a one-month lockdown from this Thursday, which could be extended according to senior cabinet minister Gove. Germany and France have started one-month lockdowns, while tight restrictions are being imposed in many other European countries. Cable dove into […]
After losing some ground overnight, the Dollar recovered some through the N.Y. morning session on Monday. The DXY fell from a one-month high of 94.28 to 93.98 into the open, subsequently bouncing modestly to 94.18. Incoming U.S. data was supportive, which saw the manufacturing ISM improve more than expected. Safe-haven USD flows were noted ahead […]
KUALA LUMPUR (Nov 2): A few Dewan Negara staff have caught Covid-19, rendering Parliament a high-risk area, Minister in the Prime Minister’s Department (Parliament and…
KUALA LUMPUR (Nov 2): DAP secretary-general Lim Guan Eng said today there will be no “Unity Budget 2021” if the Perikatan Nasional (PN) government rejects Pakatan…
KUALA LUMPUR (Nov 2): The FBM KLCI closed down 0.43 point or 0.03% at 1,466.46 after choppy trades in the final hour amid a confluence…