Goldman says escalation 'most likely' outcome of Trump-Xi dinner
HONG KONG (Nov 30): Goldman Sachs Group Inc said that a continued escalation of the US-China trade war would be the “most likely” outcome of…
HONG KONG (Nov 30): Goldman Sachs Group Inc said that a continued escalation of the US-China trade war would be the “most likely” outcome of…
LONDON (Nov 30): British house price growth picked up slightly this month from October’s five-year low, but the future outlook remains depressed by an uncertain…
KUALA LUMPUR (Nov 30): Malaysia’s domestic financial markets continued to experience non-resident portfolio outflows in October, due mainly to external developments, said Bank Negara Malaysia…
KUALA LUMPUR (Nov 30): Parliament will not interfere with the Public Accounts Committee’s (PAC) investigations into claims that the Auditor-General’s (AG) report on 1Malaysia Development…
KUALA LUMPUR (Nov 30): The FBM KLCI closed 16.48 points or 0.97% lower today after foreign institutional investors’ portfolio adjustments led to a sharp drop…
KUALA LUMPUR (Nov 30): Star Media Group Bhd announced today that its group managing director and chief executive officer Datuk Seri Wong Chun Wai has…
WASHINGTON (Nov 30): As Boeing Co was developing its latest version of the 737 airliner, it discovered the design was slightly more prone to a…
KUALA LUMPUR (Nov 30): Tan Sri Che Lodin Wok Kamaruddin will relinquish four top positions in Armed Forces Fund Board (LTAT)-controlled public listed companies by…
KUALA LUMPUR (Nov 30): UMW Holdings Bhd, which returned to profitability in the third quarter ended Sept 30, 2018 (3QFY18), is disposing of its leasehold…
OVERVIEW The US Dollar weakened as investors search Fed Chair Powell’s speech for clues on rate hikes, more gradual hikes now expected. Sterling rose off of two-week lows only to be struck down by Bank of England Brexit forecasts The Canadian Dollar bounced off a 5-month low as the US, Canada and Mexico prepare to […]
The Dollar has continued to trade mixed, posting a two-week high versus both the Euro and Yen before retreating, while losing ground to a generally firmer Pound today, and the Australian and New Zealand Dollars. EUR-USD recouped to the upper 1.1200s after printing a two-week low at 1.1267. The drop-and-rebound price action was concurrent with […]
The Dollar was quiet in N.Y. morning trade on Wednesday, though was hammered lower after Fed Chairman Powell said U.S. rates were “just below” neutral from “a long way from” neutral, as he said in October. The DXY was pushed from 97.53 highs to 96.69 lows. EUR-USD rallied from near 1.1270 to highs over 1.1380, […]