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HONG KONG (AFP): Asian markets rallied Wednesday (Nov 25) following a blockbuster performance on Wall Street as vaccine successes and easing US political uncertainty boosted investor confidence in the economic recovery.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today amid the firmer crude oil prices and weaker performance of the greenback, dealers said.
SINGAPORE: Oil extended gains after closing at the highest level since August on signs Covid-19 vaccines could be rolled out within weeks and as the start of the United States presidential transition process aided markets in general.
HONG KONG (AFP): Most Asian markets rose Tuesday (Nov 24) as news that Donald Trump's team will now work with Joe Biden to begin his transition into the White House built on optimism that vaccines could soon be rolled out around the world.
(Bloomberg) -- The dollar dropped to a two-and-a-half year low as the prospect of vaccine roll-outs added to headwinds for the world’s reserve currency.
SINGAPORE, Nov 23 (Reuters): Oil prices extended gains on Monday as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were contained by renewed lockdowns in several countries.
HONG KONG/SINGAPORE, Nov 23, 2020 (AFP): Asian markets mostly rose again Monday but investor sentiment remains divided between optimism over vaccine developments and concern about surging virus cases around the world.
KUALA LUMPUR, Nov 21 (Bernama): The ringgit is expected to continue its upward momentum against the US dollar next week as investors await for new catalysts following the positive Covid-19 vaccine development and oil price improvement, said an analyst.