OVERVIEW British PM Theresa May is in Northern Ireland today to allay concerns about the threat of a post-Brexit hard border Low PMI Index report weighs on Sterling Investors have an appetite for risky business, sinking Swiss Franc to two-month lows HIGHLIGHT
The Dollar has traded moderately firmer, surpassing the highs seen on Friday against the Yen and Australian Dollar, among other currencies, though remaining below the highs seen on Friday against the Euro and Sterling, among others. Friday’s slew of firmer data out of the U.S. has continued to underpin the greenback, offsetting the Fed’s hawkish-to-neutral […]
Moderate Yen underperformance has remained a theme in markets so far today, as it had been on Friday. This floated USD-JPY to a 10-day high at 109.82, while EUR-JPY and AUD-JPY have traded near five- and seven-week highs, respectively. The Japanese currency has been underperforming relative to the other main currencies in the wake of […]
OVERVIEW US Dollar still riding the non-farm job gains report wave from Friday Pound holds firm on a potential customs solution for no-deal Brexit The euro is weaker on Eurozone growth concerns HIGHLIGHT The US dollar has attracted good flows at the start of the week from yield-seekers as the concerns over the US stability […]
The Dollar moved higher in N.Y. trade on Monday, supported by last week’s strong jobs and manufacturing reports. Treasury yields aided as well, as they remained elevated through the session. EUR-USD slipped to 1.1424 from 1.1455 highs, while USD-JPY topped at 110.17, before heading back under 109.90. USD-CAD was supported by softer oil price, while […]
KUALA LUMPUR (Feb 4): The FBM KLCI rose 0.66% in early trade this morning, in a holiday shortened trading week, against the backdrop of flattish…
KUALA LUMPUR (Feb 4): Foreign funds continued buying Malaysian stocks for the fourth week running and snapped up RM146.8 million of local equities last week,…
KUALA LUMPUR (Feb 4): The FBM KLCI pared some of its gains at mid-morning today as the local index struggled to breach the 1,700-point level…
BENGALURU (Feb 4): The board of Goldman Sachs Group Inc said on Friday (Feb 1) it is withholding a bonus worth at least US$7 million…
KUALA LUMPUR (Feb 4): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s noon market close today. Two stocks displayed positive momentum while four stocks…
KUALA LUMPUR (Feb 4): The FBM KLCI barely stayed in the positive zone at market close today, as most of the gains from earlier in…
BAKU (Feb 4): For Azerbaijan’s sovereign wealth fund, nothing beats the safety of gold in a world increasingly vulnerable to trade disputes and geopolitical risk. Known…