News
-
-
-
-
-
-
-
-
-
-
-
-
S&P 500, Dow Jones, Nasdaq 100 Technical Outlook: The Trend Remains Your Friend
The U.S. markets took a shot yesterday but recovered; the trend remains firm and seasonality favorable for higher prices.
-
US Dollar Breaks November-December Downtrend – What's Next for DXY Index?
The US Dollar (via the DXY Index) has broken a near two-month long downtrend, but the timing of the technical development warrants caution.
-
Canadian Dollar Outlook: USD/CAD Rally Rips to Resistance / 2020 Open
Canadian Dollar is under pressure as USD/CAD mounts the first major counter-offensive in weeks. Here are the levels that matter on the Loonie technical charts.
-
Silver Price Forecast: Bulls in Control, Even amid a Pullback – Levels for XAG/USD
Gains by the US Dollar ahead of the holiday may dim the near-term outlook for precious metals, including silver prices.
-
Australian Dollar Outlook: AUD/JPY, AUD/USD Pullback Coming to an End?
The cyclically-sensitive Australian Dollar’s recent slide lower may prove to be nothing more than a short-term pullback. Key levels to watch for AUD/JPY, AUD/USD rates.
-
Bitcoin, S&P 500, Gold Outlook: How Can Short Bets Drive Prices into 2021?
Retail positioning is hinting that Bitcoin and the S&P 500 could extend gains as short bets accumulate. Gold is looking vulnerable however based on recent changes in exposure.
-
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Dec 09, 2020 when Oil – US Crude traded near 4,590.60.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bearish contrarian trading bias.
-
First-in-line health workers show off shots to push safety in US
(Dec 23): Nurses sporting stickers and dancing doctors are the face of the Covid-19 vaccine rollout in the U.S. Health-care workers across the country are taking to social…
-
Trump threatens to not sign Covid-19 bill, wants bigger stimulus checks
WASHINGTON (Dec 22): President Donald Trump threatened on Tuesday to not sign an $892 billion coronavirus relief bill that includes desperately needed money for individual Americans, saying…
-
National Tourism Policy aims to ensure industry's continuity in Malaysia, says Muhyiddin
KUALA LUMPUR (Dec 23): The National Tourism Policy (DPN) 2020-2030 launched today aims to ensure continuity of the country’s tourism industry as well as bring back Malaysia…
-
Top Glove says will no longer fire whistleblowers; opens helplines for workers
KUALA LUMPUR (Dec 23): Top Glove Corp Bhd, site of the country’s biggest virus outbreak of more than 5,000 cases, said on Wednesday that whistleblowers…
-
PNB announces 4.25 sen income distribution for ASB unitholders, lowest in history
KUALA LUMPUR (Dec 23): Permodalan Nasional Bhd (PNB) has announced a total distribution of 4.25 sen per unit for Amanah Saham Bumiputera (ASB) unitholders, comprising…
-
Bursa Malaysia higher at midday as sentiment turns positive
KUALA LUMPUR (Dec 23): Bursa Malaysia ended the morning session on a firm note, with the key index staying in positive territory as sentiment in…
-
CPI down 1.7% y-o-y in November — DOSM
KUALA LUMPUR (Dec 23): Malaysia’s Consumer Price Index (CPI) slipped 1.7% year-on-year (y-o-y) to 120.0 in November 2020 from 122.1 recorded in the same month in…
-
Australia's goods trade surplus hits two-year lows on China trade tensions
SYDNEY (Dec 23): Australia’s trade surplus for goods fell to a two-year low in November hit by a slump in exports to top trading partner…
-
SWS Capital, Jiankun, Lion Industries, PIE Industrial, Scope Industries, Seni Jaya, Sinmah Capital, Southern Steel, Versatile Creative, WMG Holdings
KUALA LUMPUR (Dec 23): theedgemarkets.com highlighted 10 stocks with momentum at Bursa Malaysia’s afternoon break today. Only one stock displayed positive momentum, while nine showed…
-
Jiankun slumps on director removal notice, warrant conversion
KUALA LUMPUR (Dec 23): Property developer Jiankun International Bhd’s share price fell as much as 12 sen or 17.52% to 56.5 sen so far today…