Alibaba executive warns trade war pain will be felt globally: SCMP
HONG KONG (Oct 11): The escalating trade war between the United States and China is careening toward a “cold war or geopolitical war” that will reverberate…
HONG KONG (Oct 11): The escalating trade war between the United States and China is careening toward a “cold war or geopolitical war” that will reverberate…
Narrow ranges have been prevailing among the main dollar pairings an cross rates, though this may change once the European interbank market enters the fray amid a backdrop dynamic of risk aversion. Chinese stock markets have managed to stabilise after yesterday’s rout, though intraday gains have been wiped out in post-lunch trading so far. EUR-USD […]
The Dollar has lifted across-the-board, concomitantly with the 10-year U.S. Treasury yield hitting fresh seven-year highs, which contributed to a firmly risk-off sentiment in global markets. The U.S. currency also benefitted by EUR-USD selling amid a renewed spike in Italian yields as markets increasingly lose confidence in the credibility of the coalition government’s budget plans, […]
OVERVIEW The DXY Index remains near a six-week high as US Treasury Yields jump to 7-year high The PKR sheds 7% as the country seeks bailout from the IMF WTI holds near $74.30 a barrel as gold slides lower to $1,180 an ounce HIGHLIGHT
The Dollar index fell from opening highs of 96.15 to a low of 95.68 in N.Y. trade on Tuesday. Profit taking from 6-week highs was in the mix, while the Greenback was sold as risk taking levels again soured. EUR-USD bounced from 1.1432 to 1.1494, while USD-JPY dipped briefly under 113.00. USD-CAD flirted with the […]
(Oct 10): Malaysian capital markets are finally shaking off the lull that followed Prime Minister Mahathir Mohamad’s surprise election win five months ago, according to…
(Oct 10): President Donald Trump’s daughter Ivanka said she won’t take Nikki Haley’s place as ambassador to the United Nations. “I know that the President will…
(Oct 10): President Donald Trump said he and North Korean leader Kim Jong Un have “made incredible progress” on negotiations over Pyongyang’s nuclear weapons program…
(Oct 10): This time it wasn’t a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude…
KUALA LUMPUR: Malaysians might have breathed a sigh a relief too soon after the goods and services tax was removed a few months ago as…
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By Tony Pua Political Secretary to Minister of Finance Member of Parliament for Damansara 10 Oct 2018 Dear Directors of MMC-Gamuda, Let me applaud you for putting up a great…