Tag Archives: Technical Analysis

KUALA LUMPUR (Feb 22): Gas Malaysia Bhd has entered into a pipeline development agreement with the Perak state government to provide gas infrastructure development for…

KUALA LUMPUR (Feb 22): theedgemarkets.com highlighted 6 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed 5 with positive momentum and 1…

KUALA LUMPUR (Feb 22): Malaysia slipped seven places to be ranked 62 among 180 countries, with a lower score of 47, in the Corruption Perceptions…

KUALA LUMPUR (Feb 22): Sime Darby Plantation Bhd saw net profit rise 34.5% to RM429 million in the second financial quarter ended Dec 31, 2017…

KUALA LUMPUR (Feb 22): The international reserves of Bank Negara Malaysia (BNM) amounted to US$103.6 billion as at Feb 15, down by a marginal 0.1%…

The dollar continued to hold firm, extending the same theme for a second day. This came with 2-year U.S. Treasury yields rising to a near 10-year high in Asia today, and with stock market sentiment having soured somewhat following a week-long rebound. The USD index (DXY) posted a four-session high of 89.44, extending the rebound […]

The dollar has been in rebound mode after making fresh major-trend lows on Friday, gaining yesterday in the absence of North American and a number of major Asian markets, and extending further upward today. The gain was concomitant with market narratives talking about the rise in 2-year Treasury yields to near 10-year highs (which has […]

Interest rates are the most potent background long leading indicators. Last week I wrote that I did not see them as having risen enough at this time to cause a recession, and noted that I thought they had to rise to at least about 3.25%, and for a sufficient period of time.  

The dollar was fairly steady in N.Y. trade on Tuesday, leaving the DXY over its 20-day moving average of 89.43 through the day. There was no U.S. data to drive the FX market, though trend high Treasury yields helped the greenback generally. EUR-USD bottomed at 1.2320 before edging higher, while USD-JPY was steady, maintaining altitude […]

OVERVIEW USD trading broadly higher. GBP higher on a report that the EU parliament will allow ‘privileged’ access to the single market. CAD weaker after dropping in wholesale trade. EUR softer after a drop in German ZEW survey. AUD flat after RBA minutes signal rates to remain on hold. SEK falls sharply after inflation miss. […]

(Feb 21): Singapore’s tax increase on home purchases exceeding S$1 million ($758,960) is aimed at making duties more equitable rather than imposing an additional property…

KUALA LUMPUR: Malaysia Pacific Corp Bhd (MP Corp), a Practice Note 17 (PN17) company, has been served with a winding-up petition by RHB Bank Bhd,…