The pound jumped on Wednesday after a Bank of England policymaker said he expected to back an interest rate hike this year while commodity-linked currencies such as the Canadian dollar and Norwegian crown took a hit on declining oil prices.
KUALA LUMPUR (June 21): The Cabinet has unanimously agreed on the Special Task Force's recommendation on the need to form a Royal Commission of Inquiry (RCI) to investigate the foreign currency transaction losses by Bank Negara Malaysia (BNM) during the 1980s and 1990s, according to a Bernama report today.
After years of waiting, MSCI has agreed to include China mainland stocks in its indexes, beginning next year.
Next trading day's important events
- USDJPY: 111.63
- EURUSD: 1.1139
- S&P 500: 2438.74
- NASDAQ: 6217.09