Ringgit steady vs US dollar at opening, trade data in focus

Malaysia's September trade data release will be closely watched as the ringgit opens steady against the greenback. — Reuters pic KUALA LUMPUR, Sept 28 — The ringgit was little changed versus the US dollar at opening trade ahead of the release of September trade data.At 9.02am, the local unit stood at 4.1660/1720 against the greenback compared with Friday's close of 4.1650/1700.AxiCorp chief global market strategist Stephen Innes said...

US dollar near two-month high as investors look to more data, US political developments

US currency futures positions released September 25, 2020 point to more upside in the dollar's recovery. — File pic TOKYO, Sept 28 — The US dollar hovered near a two-month peak against at a basket of currencies today as investors look to a barrage of upcoming economic data and political developments in the United States before making any fresh bets on the US currency.While a rebound in US...

Asian shares stutter ahead of US presidential debate, oil dips

Japan's Nikkei rises 0.65 per cent, partly on a lower yen. — AFP pic SYDNEY, Sept 28 — Asian Stock Market were on the defensive, while oil prices edged lower today as investors were cautious ahead of a US Presidential debate and as coronavirus cases spike again in a blow to global economic recovery hopes.MSCI's broadest index of Asia-Pacific Stock Market outside Japan added 0.04 per cent to...

Nasdaq 100 Futures Extend Gains, Hang Seng and Nifty 50 May Rebound

Nasdaq 100 futures climb in early Asia hours after rising 2.26% on Friday, setting an upbeat tone for Asia-Pacific open. The US Dollar index retraces.Want to know more on Nasdaq 100 Futures Extend Gains, Hang Seng and Nifty 50 May Rebound click here go to market news source. Market news summary from DailyFX.Author: Margaret Yang, CFA

$2.4 Trillion Stimulus Package Proposed in US With Second Direct Payments to Americans

A new stimulus package costing about $2.4 trillion is being prepared in the U.S. that includes a second round of stimulus checks for Americans. Since the first coronavirus stimulus package was signed into law, talks of further relief aid have stalled. This new proposal aims to restart the stimulus package discussion. Nancy Pelosi Plans to Introduce a $2.4 Trillion Stimulus Package House Democrats are reportedly putting together a...
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