Trump to meet advisers on China tariffs as Beijing urges talks
WASHINGTON/BEIJING (June 14): US President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on Chinese…
WASHINGTON/BEIJING (June 14): US President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on Chinese…
SINGAPORE (June 14): By 2020, the consumer and retail industry landscape is likely to see an emergence of new business models, fewer physical stores, and…
KUALA LUMPUR (June 14): Prime Minister Tun Dr Mahathir Mohamad has turned down Jho Low’s offer to drop his claim to more than a billion…
KUALA LUMPUR (June 14): Based on corporate announcements and news flow today, companies in focus on Monday (June 18) may include: Yinson Holdings Bhd, Datasonic…
KUALA LUMPUR (June 14): Prime Minister Tun Dr Mahathir Mohamad tonight urged Malaysians to be always grateful for the democracy they enjoy, and take note…
PUTRAJAYA, Malaysia (June 14): Prime Minister Tun Dr Mahathir Mohamad has discovered that Malaysia is in far worse financial shape than he and his allies…
KUALA LUMPUR (June 14): The Yang di-Pertuan Agong in his Hari Raya Aidilfitri message has called on all Malaysians not to take the royal institution…
KUALA LUMPUR (June 15): Malaysian authorities investigating scandal-hit state fund 1Malaysia Development Berhad (1MDB) are considering charging former Prime Minister Najib Razak with money laundering…
The DXY topped at seven session highs of 94.01 after the Fed raised interest rates, as-expected. The index had bottomed at 93.55 after the London close. The dollar rallied following the FOMC, taking EUR-USD to lows of 1.1725, from near 1.1790, and USD-JPY to 110.80 from near 110.40. The FOMC statement cited the strong labor […]
The dollar has been trading mixed so far today as markets anticipate the Fed policy announcement. The euro has posted moderate across-the-board gains, with EUR-USD vaulting back above 1.1760, over 30 pips up on the intraday low, and EUR-JPY pushing back above 130.00, EUR-GBP above 0.8810 and EUR-CHF above 1.1615. A successful Italian auction of […]
Most currencies have been directionally dormant so far today, though USD-JPY managed to claw out a fresh three-week high at 110.68. Yen crosses also remained underpinned, though most, such as EUR-JPY and AUD-JPY, for instance, remained below recent highs. Global stock markets have lost upside traction, with risk appetite turning somewhat neutral as market participants […]
The dollar has more than given back gains seen in the immediate wake of the Fed’s rate hike and hawkish-tilting guidance. EUR-USD recouped back above 1.1800 after dipping to a 1.1725 low, post Fed. The euro has been trading generally firmer over the last day, gaining against the pound, Swiss franc, among other currencies, with […]