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Sunday, October 20, 2019

Tag: markets

Ringgit higher against US dollar at opening

Decline in sales of US retail and food services rekindled interests in ringgit.

Ringgit lower at opening

US' decision to suspend tariff hike on China has encouraged investment in the dollar.

Ringgit unchanged at opening

Low oil prices are not providing support for local currency.

Ringgit opens higher post 2020 budget

Ringgit, however, trades mixed against other major currencies.

Goldman sees pound rallying further as hopes of Brexit deal rise

If EU and UK PM agree on a deal this week, enough lawmakers will support it to ensure an orderly Brexit.

Oil climbs from near 2-month low as trade talks resume

Boost comes as China and US engage in dialogue again.

Oil set for biggest weekly loss since July on demand pessimism

Futures in New York edged higher Friday but are down around 6% this week.

Ringgit opens higher against US dollar

The release of weaker-than-expected US manufacturing and employment data provides support for Asian currencies.

Ringgit falls against dollar ahead of US manufacturing data release

The ringgit traded mostly higher against other major currencies. 

Ringgit extends gains in early trade

Demand for the ringgit remained intact after FTSE Russell decided to keep Malaysia on its benchmark World Government Bond Index.

Ringgit opens lower

Weaknesses in oil prices also weighed down the ringgit. 

Asian markets fall on Trump impeachment move, trade fears

Oil prices also take a hit.

Oil rallies on Mideast tensions, stocks weighed by trade remarks

Investors are concern about a possible conflict in the Middle East after last week's attacks on Aramco's oil refineries.

Oil’s rising again as Iran’s warning of war ratchets up tensions

Given the level of uncertainty into the weekend, prices could remain skewed to the upside, says an analyst.

Ringgit higher at opening, tracking higher crude oil prices

The ringgit traded mostly higher against other major currencies except for the British pound.

Ringgit opens slightly higher against US dollar

Further monetary easing by the Fed may give push to ringgit.

Fed trades ‘remarkably positive’ for ‘no precedents’ after volatile year

The discussion this week will centre around how badly the positive outlook of last year has eroded.

Saudi stocks tumble as tensions surge after Aramco drone attacks

Government funds may swoop in to limit the decline in Saudi stocks, says an analyst.

Oil rises as new Saudi minister signals Opec cuts to continue

Prince Abdulaziz bin Salman has promised to push Opec members to curb production.

Pound falls as traders brace for Brexit showdown with parliament’s return

Traders are expecting much more volatility in sterling in the coming months.

Goldman Sachs predict deeper interest rate cuts in India

Goldman Sachs expects the Reserve Bank of India to reduce interest rates by 50 basis points in the next quarter.

Italian bond yields set for biggest monthly fall since 2013

Italy's bond market was one of the bloc's best performers as investors grabbed the positive-yielding debt.

Oil heads for best week on pause in US-China trade hostilities

The pause on trade hostilities between the US and China has had a positive effect on oil prices.

Yuan falls for 11th day, set for longest losing streak on...

The yuan is set for its 11th day of losses against the dollar which would be its most prolonged slump.