OPEC talks end without oil-cuts deal as Russia holds back
LONDON/CAIRO (Dec 7): OPEC ended talks without a deal on oil production cuts for the first time in nearly five years as Russia flexed its…
LONDON/CAIRO (Dec 7): OPEC ended talks without a deal on oil production cuts for the first time in nearly five years as Russia flexed its…
PUTRAJAYA (Dec 12): Prime Minister Tun Dr Mahathir Mohamad said today that Malaysia and Malaysians can only consider themselves developed when they can resist corruption…
KUALA LUMPUR (Dec 7): The former Government failed to reimburse RM19.47 billion in Goods and Services Tax (GST) refunds to 121,429 companies and individuals, said…
KUALA LUMPUR (Dec 7): External factors weighed on the FBMKLCI on Friday, which extended its losses for the fourth consecutive day as blue chips declined. Lee…
KUALA LUMPUR (Dec 7): Three subsidiaries of Scomi Group Bhd have applied for judicial management at the Shah Alam High Court today to temporarily shield…
KUALA LUMPUR (Dec 7): Astro Malaysia Holdings Bhd (Astro) is offering a voluntary exit option to all its employees in a bid to strengthen its…
KUALA LUMPUR (Dec 7): The Human Rights Day event to commemorate International Human Rights Day 2018, which was initially planned for tomorrow, has been rescheduled…
U.S. equity futures traded Wednesday and managed a modest rebound after Tuesday’s drop. This may provide some boost when Wall Street reopens Thursday. Treasury markets were closed as well. The Dollar index was a bit firmer, but FX trade was very thin [EUR, USD]
OVERVIEW US Dollar steadied after a possible inversion in the Treasury Yield curve The Pound trades well off its lows as Brexit outlook turns more positive Canadian dollar hits an 18-month low as rate hike chances are slashed HIGHLIGHT The Loonie hit an 18-month low today as a rate hike was put on the back […]
The Dollar majors have mostly remained in relatively narrow ranges, holding with respective ranges from yesterday. A cross theme has been continued Yen firmness amid an ongoing rout in global stock markets, with S&P futures showing a 0.9% loss, adding to the heavy losses seen on Tuesday (Wall Street was closed yesterday), while Asian bourses […]
A risk-off theme dominated in forex markets as the global stock rout continued across European and Asian bourses, while S&P 500 futures racked up a 1.7% loss, extending the 3%-plus dive seen on Wall Street on Tuesday. The biggest currency losers have been the relatively high beta Dollar bloc and emerging market currencies, while the […]
KUALA LUMPUR (Dec 6): While Malaysia saw a historic exports growth of 17.7% year-on-year (y-o-y) to RM96.38 billion and record trade surplus of RM16.3 billion…