Tag Archives: Technical Analysis

KOTA KINABALU (March 3): Prime Minister Datuk Seri Najib Tun Razak said he wanted to make Malaysia one of the top 20 countries in the…

KUALA LUMPUR (March 3): The first meeting, the sixth term and 13th parliament sitting, will begin on Monday with the election issue expected to dominate…

KUALA LUMPUR (March 3): RHB Bank Bhd has shelved plans to become a banking powerhouse in the Association of Southeast Asian Nations (Asean) region by…

In part 1 of this post, I mentioned that the relationship between stock dividend yields and bond yields (in particular, the 2 year treasury yield) had reversed recently for the first time in nearly a decade. For 50 years, bond yields were higher than stock dividends. After the great recession, stock dividend yields rivaled bond yields […]

The dollar has remained underpinned versus most currencies, bolstering to the USD index (DXY) to a five-week high of 90.78 and pushing EUR-USD to a six-week low of 1.2179. AUD-USD has registered the biggest move in trade so far on the calendar day out of the currencies we track, showing a 0.4% decline, with the […]

OVERVIEW The Euro is weaker as the central bank policy in the EU diverges with most other major central banks. The Sterling falters ahead of Theresa May’s speech on Friday. Eyes are on FED Chair Powel who is testifying again this afternoon. HIGHLIGHT The US Dollar continued its surge stronger across currencies today after yesterday’s […]

The DXY lost some ground through the N.Y. session, after opening at better than one-month highs of 90.93. The greenback sold off through the morning as Wall Street rallied, though later bounced following the announcement of the imposition of tariffs on imported steel and aluminum, which saw stocks tumble severely. EUR-USD bottomed at 1.2155 before […]

The dollar remained on a back foot following Trump’s apparent hitting of the trade way button, although it remains to be seen how targeted his proposed tariffs on steel and aluminium will be. Fed policy expectations remains in the spotlight, too, with hawkish remarks from Fed member Dudley serving to offset the impact from Fed […]

KUALA LUMPUR (March 2): Maybank Investment Bank Bhd (Maybank IB) has listed Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on March 6-7 and the…

KUALA LUMPUR (March 2): Petroliam Nasional Bhd (Petronas) said fourth quarter profit after tax (PAT) rose 61% to RM18.2 billion from RM11.3 billion a year…

SINGAPORE (March 2): It hasn’t found a cure for Alzheimer’s disease and doesn’t have any drugs on the market. Yet, TauRx Pharmaceuticals Ltd. says the…

SEOUL (March 2): Ringgit gains, with the dollar getting sold off U.S. President Donald Trump’s plan to impose tariffs on steel and aluminum imports. * USD/MYR…