News
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British Pound Weekly Technical Forecast: Searching for Direction
The British Pound continues to benefit from optimism over a ‘soft Brexit’ deal being reached.
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Gold Weekly Technical Outlook: Budding Breakout Caught at Range Support?
Gold posted its worst week since August with price sitting on a key inflection zone. Here are the targets & invalidation levels that matter on the XAU/USD weekly chart.
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Weekly Technical Forecast: The US Indices Rally Stalled, Oil’s Tumble Continued, EURUSD Weighs a Key Level
There was a notable attempt to shift tentative breakouts and fledgling charges into more systemic trends. For most – like US indices – the effort fell apart after the week’s top event risk charged volatility. There are, however, still benchmarks that can redefine the financial landscape like oil’s 10-day tumble and EURUSD’s approach on 1.1300.
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AUD/USD Technical Analysis: Down Trend Looks Ready to Resume
The Australian Dollar looks to be resuming the long-term downward trend against it US counterpart following a corrective upswing.
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ASX 200 Technical Analysis: Long-Term Chart Uptrend In Trouble
The ASX 200 has fought back into a key uptrend channel which had given way in October’s falls, but still looks far from comfortable
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XE Market Analysis: Europe – Nov 12, 2018
The Dollar has rallied strongly in early-week trading. Recent U.S. data, such last Friday’s hot PPI numbers, and the Fed’s policy guidance following last week’s FOMC meeting, have fanned expectations for a resumption in Fed tightening at December’s policy meeting. The USD index (DXY) has gained 0.5% in posting a 17-month high of 97.38, while […]
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How one family built a US$8 bil startup far from Silicon Valley
SAN FRANCISCO (Nov 12): The tech industry’s newest billionaires are a pair of brothers who started a software company in their parents’ basement in Utah….
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Maxis: Migration to postpaid from prepaid will continue
KUALA LUMPUR (Nov 12): The migration from prepaid to postpaid is expected to continue at a fast pace, but there is still a niche for…
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Dr M: Malaysia, Singapore are like twins, good relations to continue
SINGAPORE (Nov 12): Malaysia hopes to continue with good relations, both economically and in terms of mutual respect for each other with Singapore, says Tun…
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MRCB active, surges 8.5% on RM1.32b EDL concession termination
KUALA LUMPUR (Nov 12): Malaysian Resources Corp Bhd (MRCB) soared as much as 6.5 sen or 8.5% to 83 sen as soon as trading of…
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EPF extends Mohamad Nasir Ab Latif's term as CIO
KUALA LUMPUR (Nov 12): The Employees Provident Fund (EPF) has extended Datuk Mohamad Nasir Ab Latif’s term as its chief investment officer (CIO) until Dec…
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Grab teams up with UOB for regional financial services
KUALA LUMPUR (Nov 12): Grab and United Overseas Bank Ltd (UOB) have teamed up as regional partners to accelerate the use of digital services among…
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QSR allocates RM1b as capex for next five years
KUALA LUMPUR (Nov 12): QSR Brands (M) Holdings Bhd has allocated RM1 billion as capital expenditure (capex) for the next five years to open new…
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CPO futures dip below RM2,000/tonne as MPOB data hits sentiment
KUALA LUMPUR (Nov 12): Malaysia crude palm oil (CPO) futures for December 2018 fell as much as RM37 or 1.88% to RM1,931 a tonne so…
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China shows J-20 jet's missiles for the first time at airshow: Global Times
SHANGHAI (Nov 12): China has shown the missiles in its advanced J-20 stealth fighter jet to the public for the first time at its largest airshow,…
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Vietnam becomes seventh country to ratify Trans-Pacific trade pact
HANOI (Nov 12): Vietnam’s National Assembly, the country’s lawmaking body, on Monday unanimously ratified a landmark 11-country deal that will slash tariffs across much of…
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