HONG KONG, Jan 20 ― Higher commodity prices were supporting the Canadian and Australian dollars today, while a pause in this week's rally in US Treasury yields meant the dollar also marked time.
Governments worldwide are easing quarantine rules and reviewing coronavirus curbs as they bid to launch their economies back into some version of normality, motivated by the lower severity of the Omicron variant. That has helped commodities rally. US Benchmark 10-year note yields rose to a two-year high of 1.902 per cent early yesterday before pausing, and were last at 1.8611 per cent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK inflation hits near 30-year high, pressuring BoE and households | Malay MailLONDON, Jan 19 — Inflation in Britain rose faster than expected to a near 30-year high in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to raise interest rates again. The annual rate of consumer price inflation increased to 5.4 per cent from...
Source: malaymail - 🏆 1. / 86 Read more »
Dollar holds near weekly high, sterling takes inflation data in stride | Malay MailLONDON, Jan 19 — The dollar held near a weekly high today after a surge in US yields resulted in sharp gains this week against the euro amid growing bets the Federal Reserve will raise interest rate. Sterling was flat against the dollar after data showed British inflation rose 5.4 per cent in...
Source: malaymail - 🏆 1. / 86 Read more »
Sterling holds close to 23-month high against euro after UK CPI data | Malay MailLONDON, Jan 19 — Sterling held close to a 23-month high against the euro and edged up against the dollar after higher-than-expected British inflation data added to pressure on the Bank of England to raise interest rates next month. Consumer price inflation rose more than expected to 5.4 per cent...
Source: malaymail - 🏆 1. / 86 Read more »
China suspects Covid-19 might arrive in overseas mail | Malay MailSHANGHAI, Jan 18 — China is urging people to wear masks and gloves when opening mail, especially from abroad, after authorities suggested the first case of the Omicron coronavirus virus variant found in Beijing could have arrived via a package from Canada. Authorities vowed to step up...
Source: malaymail - 🏆 1. / 86 Read more »
In Sarawak, housewife loses more than RM87,000 in Macau scam | Malay MailSIBU, Jan 18 — A housewife in a fishing village in Igan, Mukah Division near here, lost more than RM87,000, including her savings in Tabung Haji, after falling victim to a Macau scam syndicate. Sibu District Acting Police chief Supt Collin Babat said the woman, in her 50s, lodged a report with...
Source: malaymail - 🏆 1. / 86 Read more »
Bank of Japan lifts inflation forecast, no policy change | Malay MailTOKYO, Jan 18 ― Japan's central bank revised its inflation forecast today and adjusted its view of price risks, while leaving its monetary easing policy in place in a nod to lingering pandemic uncertainty. As prices rise swiftly in other economies, Japan's inflation remains relatively feeble, and...
Source: malaymail - 🏆 1. / 86 Read more »