Tag Archives: Technical Analysis

KUALA LUMPUR (March 29): The FBM KLCI closed 1.52 points or 0.1% lower on profit taking after rising with Asian shares earlier.   Reuters reported that…

LONDON (March 29): Prime Minister Theresa May promised Britain bright prospects outside the European Union on Thursday as she toured a country still profoundly divided…

The dollar index rallied some early in the session, topping at 89.63, before heading back to 89.30 lows. Wall Street started higher, with the Dow supported by big GE gains, though losses ensued, especially in the NASDAQ, where Tesla and Facebook were hit, and NVIDIA pulled the plug on autonomous car testing. Treasury yields pulled […]

The yen was moderately bid amid a rekindling in risk aversion in global asset markets, led by a sharp tech-sector rout on Wall Street yesterday, which left the Nasdaq nursing a hefty 2.9% loss at the close of the regular session. USD-JPY drifted to a 105.32 low, subsequently picking itself up back above 105.50 into […]

The dollar traded firmer, especially against the yen and Swiss franc. USD-JPY logged a one-week high at 105.95 after more than reversing intraday losses. EUR-JPY and other yen crosses also picked up from intraday declines, but remained off recent highs. EUR-USD dipped to a 1.2376 low, making it a 1 bid figure correction from yesterday’s […]

KUALA LUMPUR (March 28): Malaysia’s economy is expected to grow at between 5.5% to 6.0% in 2018, underpinned by robust domestic demand and improving exports…

BEIJING (March 28): The Chinese owner of Swedish car brand Volvo said on Wednesday that the autonomous driving industry should move forward prudently in the…

KUALA LUMPUR (March 28): Malaysia’s 2018 gross exports are expected to grow 8.4% from a year earlier, supported by favourable demand from major trading partners,…

KUALA LUMPUR (March 28): Bank Negara Malaysia (BNM) has projected Malaysia’s 2018 headline inflation to average between 2% and 3% after taking into account a…

(March 28): Kim Jong Un just sent a powerful message to U.S. President Donald Trump ahead of planned talks: China is back on North Korea’s…

SINGAPORE (March 28): Singapore on Wednesday invited Human Rights Watch to give evidence at a parliamentary hearing on “fake news” as a dispute grew between…

KUALA LUMPUR (March 28): The FBM KLCI closed down 4.58 points or 0.2% today while Bursa Malaysia’s technology index fell by a larger quantum in…