Tag Archives: Technical Analysis

KUALA LUMPUR (March 8): The Minister of Finance Inc (MoF Inc) said today no discount was accorded to Indonesia’s Mulia Group when the latter bought…

PUTRAJAYA (March 8): Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said today the Barisan Nasional must garner a two-thirds majority in the next…

FRANKFURT (March 8): Daimler said on Thursday it would deepen its cooperation with China’s BAIC Group in the area of new energy vehicles, even as rival Geely seeks…

SINGAPORE (March 8): Grab, the dominant ride-hailing service in Southeast Asia, is close to finalizing a deal to acquire Uber Technologies Inc’s business in the…

ADDIS ABABA (March 8): U.S. Secretary of State Rex Tillerson said on Thursday that African countries should weigh Chinese loans carefully, while adding that Washington…

EUR-USD has traded on either side of 1.2350 today, holding below the 13-day high seen yesterday at 1.2365. Markets are still monitoring the evolution of Trump’s tariff proposals, which have met strong public opposition from senior Republicans, the WTO and allies, among others. The yen has posted moderate gains versus the dollar and euro, among […]

The dollar was relatively steady in N.Y. trade on Tuesday, though USD-JPY got a boost ahead of the open on reports the North Korea would consider denuclearizing, if the regine;s safety were guaranteed. USD-JPY popped to 106.43 highs from 105.85. EUR-USD was range bound between 1.2385 and 1.2420. USD-CAD sold off early on hopes for […]

   – by New Deal democrat  

OVERVIEW Stock markets rally and the US Dollar weakens as North and South Korea agree to direct talks. New Zealand, Australian, and Canadian Dollars lead the gains. EUR trading higher with a little catalyst. GBP mixed despite slightly better consumer spending.  SEK falls after central bank governor warns on raising rates. HIGHLIGHT

The yen has rallied on a safe haven bid following the resignation of Gary Cohn, the head of the National Economic Council, which many onlookers are taking as effectively signalling that the Trump administration will go the distance in trade protectionism. Asian equity markets declined and S&P 500 futures have posted rare 1%-plus loss in […]

KUALA LUMPUR (March 7): Bank Negara Malaysia said today its international reserves amounted to US$103.7 billion (about RM404.72 billion) as at Feb 28, 2018. “The reserves…

KUALA LUMPUR (March 7): Crude palm oil (CPO) three-month futures are anticipated to trade below RM2,650 levels, and also to trade weaker towards RM2,200 in…