Yen falls, Australian dollar gains as U.S.-China trade angst eases
TOKYO (Nov 2): The safe haven yen slipped and the Australian dollar extended its rally on Friday as an apparent de-escalation in the U.S.-China trade war…
TOKYO (Nov 2): The safe haven yen slipped and the Australian dollar extended its rally on Friday as an apparent de-escalation in the U.S.-China trade war…
BEIJING (Nov 2): China’s foreign ministry said on Friday that the previous day’s telephone call between Chinese President Xi Jinping and U.S. President Donald Trump was…
The Dollar majors have been trading mixed and in generally narrow ranges against a backdrop of mostly stock markets, which are finishing a bad month with something of a flourish. Chinese stock markets managed a second day of gains, despite the official October manufacturing PMI falling to 50.2, the lowest since July 2016 and down […]
The Dollar index printed fresh tend highs of 97.19 in N.Y. on Wednesday, with support coming from a higher than expected ADP jobs print. EUR-USD bottomed at 1.1305, just above the August low, while USD-JPY printed three-week highs before turning lower. USD-CAD bottomed at 1.3110 before rallying to 1.3165, while Cable bucked the trend and […]
EUR-USD printed a fresh four-month low at 1.3330. Data, including an expected rise in October Eurozone HICP to 2.2% y/y from 2.1%, had little impact. We remain bearish of EUR-USD with signs of flagging economic growth momentum in the Eurozone, along with concerns about the Eurosceptic political movement, juxtaposing a U.S. economy in relative health […]
KUALA LUMPUR (Nov 1): Malaysia has regained its place among the top 20 economies in the world at number 15 in the World Bank Doing…
KUALA LUMPUR (Nov 1): theedgemarkets.com highlighted one stock with momentum at Bursa Malaysia’s afternoon market close today. The stock, which showed negative momentum, was: Nextgreen Global Bhd…
SAO PAULO (Nov 1): Amazon.com Inc is struggling to ramp up its operations in Brazil, a promising market that so far has proven difficult for the…
KUALA LUMPUR (Nov 1): Low-cost carrier AsiaAsia Group Bhd is introducing a new route from Ipoh to Singapore, its first international service from the city. In…
LONDON (Nov 1): Silicon Valley technology giants such as Facebook and Google have grown so dominant they may need to be broken up, unless challengers or…
SYDNEY (Nov 1): Home prices in Sydney, Australia’s biggest city, posted its worst annual performance since 1990 in October, dragging down national values and pointing…
BEIJING (Nov 1): China will step up monetary policy support for rural areas and encourage local firms to raise funds in the capital markets, said a…