Tag Archives: Technical Analysis

KUALA LUMPUR (March 26): myNEWS Holdings Bhd, formerly known as Bison Consolidated Bhd, reported flat net profit of RM6.34 million in its first financial quarter…

KUALA LUMPUR (March 26): The Court of Appeal has dismissed an application filed by former director of LFE Corp Bhd Alan Rajendram Jeya Rajendram against…

KUALA LUMPUR (March 26): OSK Holdings Bhd said today it is considering listing its cables business on the Main Board of the Hong Kong Stock…

KUALA LUMPUR (March 26): Sapura Energy Bhd has cemented its foray into New Zealand with a series of farm-in agreements to five offshore exploration permits…

KUALA LUMPUR (March 26): The government has tabled its Anti-Fake News Bill 2018 for the first reading in Parliament today, which outlines the offences and…

February data included a big increase in the Index of Leading Indicators, positive existing home sales month over month, and positive durable goods orders. A small decline in new home sales was the only negative.

            The Yellen era at the Federal reserve is over; the Powell era has officially begun.  Yellen had the unenviable task of steering the Fed from an easy money policy to a gradual tightening bias.  Her work was cut out for her; when Bernanke tried to raise rates, the market had a “taper tantrum” that […]

            This is the second part of my series looking at this year’s committee members to determine who are the hawks and who are the doves.  In the first part, we looked at Powell, Dudley and Brainard, all of whom are hawkish.  Here, I will start with San Francisco president John Williams who recently explained […]

            Vice chairman of supervision Quarles explained his opinion of the U.S. economy in a speech on February 26.  He began by noting that unemployment was 4.1%.  He believes this has “spilled over” into consumer confidence which, in conjuntion with growing household wealth, is sustaining consumer spending.  He believes that transitory factors caused inflation’s weakness […]

The dollar weakened in N.Y. trade on Friday, weighed down by ongoing trade concerns, as China said it would slap tariffs on some U.S. exports. Trump spooked the markets when he threatened to not sign the omnibus spending bil (though he later signed it), resulting in lower equities. The DXY remained near its recent lows […]

MILAN (March 23): European shares fell on Friday with autos and basic resources stocks bearing the brunt of a wide sell-off triggered by mounting worries…

KUALA LUMPUR (March 23): Based on corporate announcements and news flow today, companies in focus next Monday (March 26) may include: Lay Hong Bhd, Melati…