FBM KLCI up as trade war appears less harsh than expected
KUALA LUMPUR (Sep 20): The FBM KLCI closed up 2.99 points or 0.17% at 1,803.7 points as the China-US trade war appeared less harsh than…
KUALA LUMPUR (Sep 20): The FBM KLCI closed up 2.99 points or 0.17% at 1,803.7 points as the China-US trade war appeared less harsh than…
KUALA LUMPUR (Sept 20): Former Prime Minister Datuk Seri Najib Razak said the 25 new charges he is facing gives him the chance to clear…
SINGAPORE (Sept 20): A Singapore parliamentary committee said on Thursday the government should consider legislation to ensure technology companies rein in online fake news and…
KUALA LUMPUR (Sept 21): The FBM KLCI is seen extending its consolidation mode today, with immediate support at 1,793. World stock markets rallied on Thursday, while…
KUALA LUMPUR (Sep 20): Based on corporate announcements and news flow today, stocks in focus for Friday (Sep 21) may include the following: Scientex Bhd,…
KUALA LUMPUR (Sept 20): Eco World Development Group Bhd (EcoWorld) saw its net profit jump 47.6% to RM38.52 million in the third financial quarter ended…
(Sept 21): China is planning to cut average tariff rates on imports from the majority of its trading partners as soon as next month, two…
(Sept 21): U.S. businesses have a much bigger cash hoard than previously thought, at least according to new Federal Reserve data that reflect changes in…
The Dollar traded mostly softer, as did the Yen, against most other currencies amid a backdrop of buoyant global equity markets, although European stock markets showed signs of fatigue following a bullish session in Asia. The USD index (DXY) was showing a 0.2% loss as of the early PM session in Europe. EUR-USD lifted to […]
The Dollar has continued to trade with a softening bias, aside from the case of USD-JPY, which posted a two-month high at 112.43 amid a backdrop of rallying stock markets in Asia. Sentiment has been buoyed by pledges of pro-investment and pro-growth measures by China, North Korea’s Kim vow to work on the “complete denuclearization” […]
OVERVIEW UK PM reportedly rejects an EU Irish border deal Oil closing in on 2-month highs HIGHLIGHT The U.S. dollar lost ground on competing currencies on Wednesday. Investors were distracted from the Greenback by even more Brexit-inspired tension surrounding the British Pound. China reiterated that it wouldn’t use its Yuan currency as a weapon in its trade […]
The Dollar index firmed early in the session, topping at 94.71 before falling back to 94.44 lows. Better housing starts data provided some support, though USD buyers ended up booking profits at mid-morning. EUR-USD bottomed at 1.1650, then rallied to 1.1692 highs. USD-JPY was range bound on either side of 112.25, while USD-CAD was choppy, […]