Tag Archives: Technical Analysis

KUALA LUMPUR: Felda Global Ventures Holdings Bhd is now back in mergers and acquisition (M&A) mode, according to chairman Datuk Azhar Abdul Hamid in an…

OVERVIEW US consumer spending rises modestly while inflation picks up. UK 2017 GDP growth revised up, current account deficit revised down. Canadian GDP unexpectedly declined in January. HIGHLIGHT Unemployment in Germany fell to a record low in March, reflecting the strength of a labor market that has become the cornerstone of a consumer-led upswing. The […]

In this relatively slow news week, let me update a couple of subjects on which I’ve recently posted here.   A few days ago Lakshman Achuthan of ECRI revealed a change in their longer term forecast:  

The DXY moved to its best levels in nearly a week, topping at 89.86 after opening near 89.44. Upgraded Q4 U.S. Upwardly revised Q4 GDP helped dollar sentiment, as did the partial unsinding of trade war fears. EUR-USD fell to 1.2335 lows from 1.2410 at the open, as USD-JPY ran up to 106.48 highs. USD-CAD […]

(March 29): Terry Branstad, the U.S. ambassador to China, said that Beijing has not treated American companies fairly during a Thursday interview with CNBC. Beijing needs…

KUALA LUMPUR (March 29): Datuk Seri Najib Tun Razak said the Malaysian economy would continue to grow at an encouraging pace after Bank Negara Malaysia…

KUALA LUMPUR (March 29): The government has proposed to reduce the maximum jail term for offences under the Anti-Fake News Bill 2018 to six years,…

KUALA LUMPUR (March 29): Ekovest Bhd’s share price climbed four sen or 4.12% to RM1.01 when trading resumed this afternoon on news that the company’s…

KUALA LUMPUR (March 29): A consortium in which Sapura Energy Bhd has a 30% stake has outbid six other bidders for an offshore oil block…

NEW YORK (March 29): Volkswagen AG unveiled a prototype pickup truck at the New York auto show on Wednesday, a vehicle that would fill a gap…

KUALA LUMPUR (March 29): Malaysia’s central bank said on Thursday it had detected and foiled an attempted cyber attack and efforts to transfer funds without…

KUALA LUMPUR (March 29): In an abrupt about-turn, Minister in the Prime Minister’s Department Datuk Seri Azalina Othman Said moved a motion for the Dewan…