DAX 30 Technical Outlook: Short & Medium-term Scenarios to Watch
The DAX looks vulnerable here, but we have been here before; two scenarios to watch for the short to medium-term outlook.
The DAX looks vulnerable here, but we have been here before; two scenarios to watch for the short to medium-term outlook.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bullish contrarian trading bias.
A Euro recovery into the October open may be vulnerable as price approaches the first major resistance. Here are the levels that matter on the EUR/USD weekly chart.
KUALA LUMPUR (Oct 7): Bina Puri Holdings Bhd’s wholly-owned subsidiary Bina Puri Sdn Bhd (BPSB) via a joint venture (JV) company has secured a 7.75…
KUALA LUMPUR (Oct 7): Top Glove Corp Bhd told analysts that the company will start paying dividends on a quarterly basis starting from the financial year ending…
THE Employees Provident Fund’s (EPF) second quarter (2Q2020) gross investment income of RM15.12 billion is its best quarterly showing in at least 15 quarters —…
KUALA LUMPUR (Oct 7): The Malaysian Anti-Corruption Commission (MACC) investigating officer in the Datin Seri Rosmah Mansor’s graft case, relating to the supply and installation…
KUALA LUMPUR (Oct 7): The FBM KLCI fell 1.31% today against the backdrop of higher Covid-19 cases, new infection clusters, as well as declines in crude…
KUALA LUMPUR (Oct 7): Malaysia’s new Covid-19 cases dropped to 489 today, from 691 reported yesterday, bringing cumulative cases in the country to 13,993. Two of…
KUALA LUMPUR (Oct 7): The Conditional Movement Control Order (CMCO) will be imposed in Sandakan, Papar and Tuaran in Sabah, and Klang in Selangor beginning…
The following is a media statement by Sapura Energy, reproduced in full. KUALA LUMPUR (Oct 7): Sapura Energy Berhad (“SEB”) wishes to clarify several media reports…
EVENING 5: PM tests negative amid record active cases Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. In Covid-19…
KUALA LUMPUR (Oct 7): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Oct 8) include Top Glove Corp…
The dollar has been trading on a mostly softer tack, alongside the yen, with risk appetite picking up in global markets after U.S. President Trump returned to his White House residence and with the Democrats and Republicans showing signs of progressing another fiscal support package. The good mood has waned somewhat in early European trade, […]
The dollar rebounded after earlier softening, concomitantly with an uncertain tone establishing across European stock markets and with U.S. index futures having reversed earlier gains. The pan-Europe STOXX 600 index was near net unchanged as of the early afternoon session. While President Trump’s return to the White House was greeted positively, uncertainties prevail: about the […]
The Dollar ended higher in N.Y. trade on Tuesday, though ranges overall were relatively narrow. The DXY bounced modestly from the two-plus week low of 93.35 seen early in the session, to 93.64 during the afternoon session, after Trump said there would be no stimulus package until after the election. Risk-taking levels took a dive […]
Gold is on the verge of breaking resistance while the USD breaks down…
Canadian Dollar offensive may be vulnerable here as the USD/CAD pullback tests a key inflection zone. These are the levels that matter on the Loonie technical charts.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bullish contrarian trading bias.
KUALA LUMPUR (Oct 6): An investigating officer with the Malaysian Anti-Corruption Commission today denied that there was selective malicious prosecution in the solar graft case…
KUALA LUMPUR (Oct 6): Malaysia posted a new record high of 691 Covid-19 cases today, surging past the previous peak of 432 cases recorded yesterday,…
KUALA LUMPUR (Oct 6): Tropicana Corp Bhd deputy chief executive officer Datuk Dickson Tan Yong Loong (pictured) has resigned from his post with immediate effect. He…
KUALA LUMPUR (Oct 6): Prime Minister Tan Sri Muhyiddin Yassin assured the public today that there will not be another total lockdown as this would…
EVENING 5: Top Glove to fork out RM136mil in remediation fees 1. Top Glove Corp Bhd has announced that it will pay RM136 million in remediation…
KUALA LUMPUR (Oct 6): AirAsia X Bhd (AAX) has unveiled a massive debt restructuring proposal in which the airline will reconstitute RM63.5 billion worth of…
(Oct 6): The US trade deficit widened in August to the largest since 2006 as the nation imported a record amount of consumer goods, amid…
KUALA LUMPUR (Oct 6): The Ministry of Health (MoH) has carried out Covid-19 screening on about 90 close contacts of Minister in the Prime Minister’s…