Tag Archives: Technical Analysis

LONDON (Jan 29): U.S. President Donald Trump, who has garnered a large following on social media with rambunctious postings, said he sometimes tweets from bed,…

KUALA LUMPUR (Jan 29): The FBM KLCI rose with Asian shares today after US stocks climbed to record closing highs on Friday. Reuters reported that…

KUALA LUMPUR: Cypark Resources Bhd, which just bagged a RM260.51 million contract for works related to a large-scale solar photovoltaic (PV) plant last week, the…

KUALA LUMPUR (Jan 29): The ringgit opened higher against the US dollar today and on the back of better global crude oil prices, dealers said. At…

The most noted data this week was that in the rear view mirror, Q4 GDP continued to increase at a rate approaching 3% annualized in the initial estimate. Capex and residential investment increased nicely, while inventories slackened.

KUALA LUMPUR (Jan 27): Sarawak is questioning whether the Petroleum Development Act (PDA) — the law that created Petroliam Nasional Bhd, Malaysia’s only Fortune 500…

The dollar has ebbed back some after rallying after the London close yesterday at the prompt of Trump, who said from Davos that he favoured a strong dollar “ultimately.” EUR-USD settled around 1.2250, up from the post-Trump low at 1.2364. USD-JPY retreated to around 109.00, down from 109.77. The dollar has seen a similar ebb […]

OVERVIEW Dollar all over the show has conflicting comments from US government officials. UK GDP surprises at 0.5% for the final quarter of 2017. ECB member says recent public noise on currency rates is proving unhelpful.   HIGHLIGHT The US Dollar continues to be extremely volatile as conflicting comments are made by the US Treasury Secretary […]

The dollar traded at softer levels after correcting a good chunk of the gains seen late yesterday after Trump said that he “ultimately” would prefer a strong dollar. EUR-USD settled in the mid 1.24s, up from the post-Trump low at 1.2364, but well off yesterday’s 37-month peak at 1.2537. Remarks from ECB’s Coeure that there […]

The dollar was dented briefly by the early mix of data, where Q4 GDP came in a bit under expectations. From there, U.S. Treasury Secretary Mnuchin clarified his “weak dollar” comments from earlier in the week, which mostly put a floor under the greenback. EUR-USD topped at 1.2457 early, later easing to 1.2408 lows. USD-JPY […]

KUALA LUMPUR (Jan 26): Working mothers at Sime Darby Property Bhd will be entitled to 90 calendar days of paid maternity leave under the group’s…

BEIJING (Jan 26): China is set to name Liu He, a Harvard-trained economist who advises President Xi Jinping, as a vice premier overseeing the economy…