Tag Archives: Technical Analysis

KUALA LUMPUR (Feb 8): The FBM KLCI rose 3.06 points or 0.2% on bargain hunting and after China said January exports and imports increased 11.1%…

BEIJING (Feb 8): China’s trade machine kicked up a gear in January after stumbling the previous month, with exports and imports both growing much more…

The dollar has held firm, and the yen firmer amid a persisting global risk aversion theme. Japan’s Nikkei closed with a 4.8% loss, and was showing intraday losses of over 6% at the lows, while the Shanghai Composite and Australia’s ASX 200 racked up losses of over 3%. The narrow trade-weighted USD index (DXY) logged […]

OVERVIEW The VIX index, which is commonly referred to as the ‘fear index’, has surged to a reading above 50, which is equal to levels we saw in June 2016 in reaction to Brexit. German industrial orders surge 3.8%, helped by strong demand from abroad. The Reserve Bank of Australia leaves rates on hold at […]

The dollar has held firm, and the yen firmer amid a persisting global risk aversion theme. Japan’s Nikkei closed with a 4.8% loss, and was showing intraday losses of over 6% at the lows, while the Shanghai Composite and Australia’s ASX 200 racked up losses of over 3%, and the main European indexes declines of […]

The dollar started the session on a firmer footing, as it appeared Wall Street would melt down again at the open, which it did. Safe-haven dollar buying was noted before the opening bell, though after plunging initially, stocks turned-tail higher, resulting in dollar selling. USD-JPY was somewhat of an outlier, as it largely maintained its […]

KUALA LUMPUR (Feb 7): Petaling Jaya Utara MP Tony Pua said Malaysia needs clean, transparent and competitive economic policies to regain investors’ confidence.   “It is time…

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KUALA LUMPUR: Screens in dealing rooms continued to be in a sea of red yesterday. Share prices plunged in a domino-style effct, starting on Wall…

(Feb 7): When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during…

(Feb 7): Saudi Arabian Oil Co. and Malaysia’s state-owned oil firm are close to raising an $8 billion loan to partly finance the construction of…

(Feb 7): US mogul Steve Wynn has resigned from his casino company Wynn Resorts, as the billionaire battles claims that he routinely subjected women who…