Tag Archives: Technical Analysis

MUAR (March 16): Parti Pribumi Bersatu Malaysia (PPBM) will not be able to furnish minutes of meetings of its divisions and branches by the deadline…

SHANGHAI (March 16): President Xi Jinping, China’s most powerful leader since Mao Zedong, will be re-elected to a second five-year term as president on Saturday by…

KUALA LUMPUR (March 16): The FBM KLCI increased 1.12 points or 0.1% as index-linked banking and telecommunication stocks rose. At 5pm, the KLCI closed at 1,846.39…

HONG KONG (March 16): Hong Kong’s richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd on Friday, bringing to a…

KUALA LUMPUR (March 16): Berjaya Sports Toto Bhd’s (BToto) net profit rose 23.6% to RM59.23 million in the third financial quarter ended Jan 31, 2018…

The dollar has traded mixed so far today, weakening to a four-session low versus the euro before rebounding, maintaining a heavy tone against the yen, and posting fresh lows versus a number of Asian currencies and the South African rand. A risk-off theme prevailed Asia, before U.S equity index futures turned moderately higher and European […]

As we now have the data for consumer prices in February, this is a good time to look at real money supply, both M1 and M2. As readers of my “Weekly Indicators” columns now, I have voiced increasing concern over the deceleration in both of these series for close to a year. First it was […]

OVERVIEW Risk sentiment weakens as Trump talks about tariffs on Chinese made goods, and NATO members back the UK against Russia. Japanese Yen rising in risk-off trade and stocks erase gains.  The Euro relatively stable despite dovish comments from Mario Draghi.  GBP under pressure after Russia says they will retaliate.  Chinese data shows economy picking […]

The dollar advance modestly in N.Y. morning trade on Wednesday, before giving back gains after the London close. Following softer retail sales and slightly warmer PPI outcomes, the dollar index moved from 89.63 to 89.88 highs. The index later fell back under 89.70. Protectionist/tariff concerns weighed on the greenback, and on Wall Street, as Trump […]

The dollar has traded mixed to far today, losing ground to the yen but moderately gaining versus most of the other main currencies, including the euro, sterling and Australian dollar. The biggest loser was the Kiwi dollar following an underwhelming GDP figure out of New Zealand, with the antipodean currency showing a decline of 0.3% […]

Yen weakness has been the main theme, with the dollar itself mostly direction outside the case of USD-JPY, which ran to two-week highs. market participants will be paying close attention to the U.S. February release later Last month’s sub-forecast release prompted a fairly steep drop in the dollar. We expect an unchanged 2.1% y/y outcome […]

The DXY fell to four-session lows in N.Y. on Tuesday, largely the result of a benign U.S. February CPI outcome, which tempered Fed rate hike concerns to a degree. The dollar index fell from 90.01 to lows of 89.59 through the morning session. EUR-USD rallied from 1.2335 to 1.2407. USD-JPY meanwhile, dropped from 107.28 to […]