The DXY printed near three-week highs of 91.44 overnight, later dipping to 91.21 into the N.Y. open, before steadying in a narrow trading band over 91.20. Incoming data was slightly softer than expected, seeing the ADP employment survey adding 742k jobs while the services ISM dipped slightly versus forecasts for a firmer reading. Wall Street […]
KUALA LUMPUR (May 5): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (May 6) include: Supermax Corp Bhd,…
EVENING 5: KL under MCO from May 7 to 20 Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
BENGALURU/NEW YORK (May 5): The Dow Jones Industrial Average ended at a record high on Wednesday, driven higher by energy and other economically sensitive sectors, while…
(May 6): A study in Denmark and Norway has found slightly increased rates of vein blood clots among people who have had a first dose of…
KUALA LUMPUR (May 6): The FBM KLCI fell more than 1% in morning trade on Bursa Malaysia today on broad-based selling as investors weighed factors including…
KUALA LUMPUR (May 6): Malaysian crude palm oil (CPO) prices climbed to a level near RM4,700 a tonne in morning trade on Bursa Malaysia today as…
HAVE you registered for the Covid-19 vaccine? That is the question all Malaysians have been asked on a daily basis since the government launched the…
KUALA LUMPUR (May 6): Analysts have revised down their earnings forecasts and target prices (TPs) for Supermax Corp Bhd as they foresee lower average selling prices (ASPs)…
KUALA LUMPUR (May 6): The High Court quashed a bid by the Malaysian government today to strike out lawsuits by Malaysian mothers who want citizenship for…
KUALA LUMPUR (May 6): While investors are weighing the resurgence in the number of Covid-19 cases and the vaccine roll-out, Supermax Corp Bhd’s remarks on current spot…
The dollar has lifted out of lows seen yesterday, which were a product of a drop in long-dated U.S. yields following sub-forecast April ISM and March construction data. The narrow trade-weighted DXY USD index has lifted back to near 92.20 after posting a low at 90.87. This returns focus back on yesterday’s two-week peak at […]