The Dollar has mostly traded in narrow ranges so far today, consolidating at softer levels after coming off highs yesterday. The Australian Dollar rallied on a stronger than expected Australian jobs report, which showed employment rising 50.9k in June from an upwardly revised 13.4k gain in the month prior. AUD-USD rallied to a high of […]
OVERVIEW The Pound slid to a 10-month low against the US Dollar today. Dollar Index hits two weeks high on positive tone from Powell. US 2-year treasury yields hit decade highs of 2.62%. HIGHLIGHT
The Dollar rose for at third consecutive day, tracking a rise in U.S. Treasury yields. The USD index (DXY) lifted by nearly 0.5% in making a fresh three-week high at 95.50. EUR-USD printed a 17-day low at 1.1595, and Cable clocked a 10-month low of 1.2985, aided by weak retail sales data out of the […]
KUALA LUMPUR (July 19): Gamuda Bhd shares rose 8.4 percent, more than any full-day gain since May 2013, as Malaysia’s benchmark index advanced. Market Metrics * Shares…
BEIJING (July 19): China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal…
KUALA LUMPUR (July 19): Construction and property stocks have rebounded amid increasing likelihood that the Kuala Lumpur-Singapore High Speed Rail (HSR) project is only deferred…
KUALA LUMPUR (July 19): Iskandar Waterfront City Bhd (IWCity) shares surged as much as 28.5 sen or 50% to 85.5 sen, possibly in anticipation that…
KUALA LUMPUR (July 19): The Royal Malaysian Customs Department has dismissed reports that surfaced this afternoon that completely knocked down (CKD) cars including sedans, four…
FARNBOROUGH, England/KUALA LUMPUR (July 19): AirAsia Group Bhd is set to confirm and expand an order for A330neo long-haul passenger jets, according to sources, handing…
KUALA LUMPUR (July 19): AirAsia Group Bhd has transferred 30 aircraft with gross proceeds totalling US$355 million (approximately RM1.44 billion) as part of its divestment…
KUALA LUMPUR (July 19): The FBM KLCI gained 6.17 points or 0.35% after foreign investors became net buyers of Malaysian shares and as Bursa Malaysia…
KUALA LUMPUR (July 19): Owing to the market contraction, British American Tobacco (Malaysia) Bhd registered a 21.07% drop in net profit to RM113.72 million for…