Oil Q1 Technical Forecast: WTI Crude Price Range at Best, Bear Breakdown at Worst
The worsening fundamental picture aligns with the massive price breakdown in crude that was witnessed in Q4.
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Gold Q1 Technical Forecast: Pullback to Offer Opportunity in Early 2019
The recovery in Gold prices continued in the fourth quarter of 2018 after rebounding off confluence support near 1171 back in August.
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Euro Q1 Technical Forecast: Despite Year-End Losses, Near-term Gains Not Out of the Question
EUR may experience some near-term strength against USD, CHF, and GBP but may underperform against JPY.
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British Pound Q1 Technical Forecast: GBP/USD Shows Little Sign of Relief from Bearish Pressure
Losses persisted in the fourth quarter as Brexit/Political uncertainty showed little signs of abating, which in turn saw GBPUSD fail to maintain a foothold above the 1.3000 handle.
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US Dollar Q1 Technical Forecast: Fading Excitement Leads to Range as Bulls Shy Away from 98.00
The door could open to a deeper potential pullback in the US Dollar considering the currency’s rangebound environment over the secondhalf of Q4.
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Equities Q1 Technical Forecast: Stocks May Rebound But Any Rally Not Expected to Last
Last quarter, the scene for stocks got progressively uglier, highlighted by an unusually weak December.
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Top Glove mulls Turkey factory
ISTANBUL (Dec 30): Top Glove Corp Bhd, the world’s largest manufacturer of rubber gloves, is considering setting up a factory in Turkey which already is importing…
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French regulators seize 1MDB-linked properties worth up to €150m
KUALA LUMPUR (Dec 31): French regulators have seized properties worth up to €150 million belonging to former Aabar Investments PJS Ltd chairman Khadem Al-Qubaisi in…
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I will honour my words as interim PM, says Dr Mahathir
PUTRAJAYA (Dec 30): Tun Dr Mahathir Mohamad today reiterates that he must abide by his promise to only serve as an interim prime minister despite…
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Exemption of RPGT, service tax from Jan 1, 2019
KUALA LUMPUR (Dec 30): The government has agreed to exempt the real property gains tax (RPGT) to Malaysian citizens who dispose of their properties at…
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Emerging markets seen bringing more pain to investors in 2019
KUALA LUMPUR/MUMBAI (Dec 30): If you lost money on emerging Asian bonds and currencies this year, be warned: the first half 2019 may see more…
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USD/JPY Sentiment: Net-Long Reaches a 9-month High
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish.
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XE Market Analysis: Asia – Dec 28, 2018
A mixture of Dollar weakness and Yen and Swiss franc strength characterized the final day of thin Christmas week trading. USD-CHF was showing a near 1% decline at the lows before settling with a 0.5% decline, while USD-JPY also posted a net loss of more than 0.5%. EUR-USD settled to an oscillation of 1.1450 after […]
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XE Market Analysis: Volatile Stock Markets Send Investors Seeking Safe Havens
OVERVIEW International stock markets took investors for a roller coaster ride this week, leaving analysts scratching their heads USD weaker against safe-haven currencies and Euro as US President continues to rail against Fed Sterling moving sideways as UK Parliament prepares for Brexit deal vote on January 14 HIGHLIGHT
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The Edge special bumper issue: Economy, cost of living top rakyat’s concerns
KUALA LUMPUR (Dec 29): A recent survey conducted by The Edge showed that economic growth and high cost of living are among Malaysians’ top concerns…
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Stamp duty hike for properties over RM1m deferred for six months to July 1, 2019
KUALA LUMPUR (Dec 29): The increase of 1% in stamp duty for the instrument of transfer for properties exceeding RM1 million to RM2.5 million has…
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Petronas completes purchase of 10% stake in gas field onshore Oman
KUALA LUMPUR (Dec 29): Petroliam Nasional Bhd (Petronas), through its subsidiary PC Oman Ventures Ltd (PCOVL), has acquired a 10% stake in Block 61, onshore…
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