OVERVIEW The Greenback is on track to finish strongly against the G-10 currencies. Indian Rupee is at lifetime lows despite RBI’s intervention. CNY slides further for the 11th day in a row. WTI ending the week strongly, up 42 cents to $73.87 a barrel. HIGHLIGHT
EUR-USD rallied over a big figure in making a two-day high at 1.1666. The pair yesterday posted an eight-day low at 1.1727. Most euro crosses also gained. News that EU members have thrashed out deal on immigration (to shore up external borders and create screening centres for migrants) has reduced the discount built into the […]
JAKARTA (June 29): The chief executives or directors of government-linked companies (GLCs) under the Pakatan Harapan (PH) Government will be from among those who are…
KUALA LUMPUR (June 29): Permodalan Nasional Bhd (PNB), the investment arm of Yayasan Pelaburan Bumiputera (YPB), has confirmed that its group chairman Tan Sri Abdul…
KUALA LUMPUR (June 29): The FBM KLCI staged a technical rebound today to snap a four-day losing streak, finishing 25.82 points or 1.55% higher at…
PETALING JAYA (June 29): The Malaysia property market is expected to see a surge in supply of residential properties in the near future as the…
PARIS (June 29): Despite the uncertainty driven by US and China trade tensions that are scaring financial markets and threatening economic growth, there are reasons…
Board of director (BOD) and CEO compensation is a divisive topic even in normal times. How much is too much? What is the right compensation…
KUALA LUMPUR (June 29): Based on corporate announcements and news flow today, stocks in focus for Monday (July 2) may include the following: Malaysia Airports…
The dollar edged a bit lower early in the session following a downwardly revised Q1 U.S. GDP outcome, and slightly higher jobless claims. The DXY bottomed at 95.11 before bouncing to 95.36 highs. The greenback again faded, though recovered into the close. EUR-USD chopped around between 1.1601 and 1.1553, while USD-JPY posted one-week highs of […]
OVERVIEW The Pound is off 8-month lows amid interest rate expectations and comments from BoE’s Haldane. US Dollar gives up earlier gains. The Loonie strong amid increased expectations of a rate hike in July. HIGHLIGHT The Pound holds it’s own having tested 8-month lows against the US Dollar and 2-month low against the Euro. The […]
The dollar has traded mixed so far today, ebbing back against the euro after printing a five-session high, holding near net unchanged versus the yen, while gaining on the NZ dollar and the pound. EUR-USD lifted out of lows, earlier printing a new five-session nadir at 1.1527 before recouping above 1.1560. The pair remains in […]