Tag Archives: Technical Analysis

SHANGHAI (Feb 9): As global equity investors reel from the biggest selloff in two years, nowhere has the pain been more acute than in China…

(Feb 9): As market watchers continue searching for someone or something to blame for this week’s sell-off in global markets, many seem to agree on…

KUALA LUMPUR (Feb 9): The local general insurance industry’s gross written premium (GWP) stood at RM17.65 billion last year, compared with RM17.67 billion in 2016,…

(Feb 9): Jim Rogers, 75, says the next bear market in stocks will be more catastrophic than any other market downturn that he’s lived through. The…

KUALA LUMPUR (Feb 9): Felda Global Ventures Holdings Bhd (FGV) has terminated its five-year-old joint venture (JV) with Lipid Venture Sdn Bhd to build and…

KUALA LUMPUR (Feb 9): The FBM KLCI sank 19.62 points or 1.07% to close at 1,819.82 today, shaving off yesterday’s gains as most global markets…

KUALA LUMPUR (Feb 9): RHB Bank Bhd is acquiring the remaining 51% stake in Vietnam Securities Corp (VSEC) for VND121.63 billion (RM21.29 million) cash. The banking…

KUALA LUMPUR (Feb 9): Based on corporate announcements and newsflow today, companies in the spotlight on Monday (Feb 12) may include: MAHB, Salutica, RHB, Kuantan…

WASHINGTON (Feb 9): A brief U.S. government shutdown ended on Friday, after Congress passed and President Donald Trump signed into law a wide-ranging deal that…

The dollar has traded mixed today, gaining moderately versus the euro, sterling, Australian dollar, among other currencies, but holding steady versus the Canadian dollar while gaining for a third straight day versus the yen. The Japanese currency has been coming under pressure as market participants trim safe haven trades as global markets find a toehold, […]

The dollar has extended gains in London AM trading. The narrow trade-weighted USD index (DXY) was showing a net gain of 0.3%, as of the late London AM session , at 90.54, which is 3 cents off the day’s high, itself the loftiest level seen since January 24. EUR-USD logged a 16-day low at 1.2225.

A few days ago the Fed put out its Senior Loan Officer Survey.  This is a long leading indicator for the economy, as it generally takes a year or two for a loosening or tightening of credit, which is what it measures, to filter through into the wider economy.