Tag Archives: Technical Analysis

SINGAPORE (Feb 5): As FX traders look ahead to Malaysia’s upcoming general election, they might want to look back at past polls for trading cues….

SIEM REAP: Bank Negara Malaysia’s (BNM) recent acquisition of 22.5ha of land from the federal government for RM2 billion was an arm’s length deal, governor…

KUALA LUMPUR (Feb 5): Daibochi Plastic and Packaging Industry Bhd declared a dividend of 1.3 sen a share after the company reported higher fourth quarter…

KUALA LUMPUR (Feb 5): Malaysia-listed Hang Seng Index-linked put warrants rose among Bursa Malaysia top gainers as investors bought the warrants as a hedge against…

SYDNEY (Feb 5): Asian shares fell the most in over a year on Monday as fears of resurgent inflation battered bonds, toppled Wall Street from…

KUALA LUMPUR (Feb 5): Foreign investors’ net purchase of Malaysian shares amounted to RM3.38 billion in January 2018 compared to the RM418.8 million worth of…

January data started out with a strong headline jobs number, and a much touted big increase in average wages for all workers..  But the unemployment rate stalled, and underemployment actually increased slightly.  Meanwhile, workers who aren’t in management didn’t see that big increase in wages at all, as that YoY metric made no headway. 

OVERVIEW UK construction activity almost stalls in January. US consumer sentiment rises in January. Global equity markets are down as interest rates rise. Bitcoin and other cryptocurrencies are down 20%. HIGHLIGHT The US Dollar is higher against all its major counterparts after the US employment report showed another solid month of job creation last month, […]

The dollar has been directionally mixed since the FOMC earlier this week, gaining mostly notably versus the yen, and the Australian dollar, but losing ground to the main European currencies, including the euro, sterling and Swiss franc. The dollar has also been somewhat mixed against developing-world currencies. The narrow trade-weighted USD index (DXY) has managed […]

The dollar rallied sharply on the back of the solid jobs report, and the jump in hourly earnings. Treasury yields soared to trend highs, after the jobs numbers, and the rebound in factory order and Michigan sentiment. Wall Street was not happy with the yield bounce, as stocks were hammered lower. The release of the […]

(Feb 2): Over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday amid concerns over tighter regulation and worries that…

KUALA LUMPUR (Feb 2): The FBM KLCI traded sideways today as investing interest subsided in the holiday-shortened week. Furthermore, selling pressure on Wall Street has…