Tag Archives: Technical Analysis

DAVOS (Jan 24): Budget airline group AirAsia plans to add around 30 jets to its airline affiliates across Asia this year due to strong demand…

KUALA LUMPUR (Jan 24): RHB Research Institute Sdn Bhd has initiated coverage on LBS Bina Group Bhd at RM2.31 with a “Buy’ rating and target…

The dollar dipped at the open of Asia-Pacific dealings on concerns about the government shutdown in the U.S, but subsequently recovered losses. EUR-USD popped about 50 pips high, logged a peak at 1.2274 before ebbing back to near net unchanged levels around 1.2225. USD-JPY’S low was 110.52 before the pair lifted to an intraday peak […]

OVERVIEW US Dollar weak amid Washington divisions. IMF revises up global growth forecasts for 2018 and 2019. Canadian wholesale trade rises for a second straight month. Investors appear unfazed by US politics with equity markets up slightly.  HIGHLIGHT

The dollar dipped at the open of Asia-Pacific dealings on concerns about the government shutdown in the U.S, but subsequently recovered losses. EUR-USD popped about 50 pips high, logged a peak at 1.2274 before ebbing back to near net unchanged levels around 1.2225. USD-JPY’S low was 110.52 before the pair lifted to an intraday peak […]

The dollar was steady in N.Y. morning trade on Monday, as dealers largely sat on their hands ahead of the Senate funding vote. Once it became clear the measure would pass, the greenback rallied modestly across the board. EUR-USD fell from session highs of 1.2260 to 1.2225 before bouncing some, while USD-JPY topped at 111.22 […]

            The US economy is starting 2018 on strong footing.  The Federal Reserve’s Beige Book observed that the economy ended 2017 strongly.  1-Unit housing permits – a key leading indicator – rose.  And industrial production – a coincident indicator that has languished for much of this expansion – increased at […]

            Starting in the early 1980s, the bond market has had one of the longest bull markets in the history of markets.  This is largely due to Paul Volcker having the courage to raise interest rates to oppressive levels in the early 1980s, eventually wringing most inflationary pressure out of the U.S.

            The overall tenor of international news is still positive.  While UK retail sales are slowing, they are still up modestly Y/Y.  Although EU news was slightly weaker than we’ve been used to over the last few months, this week’s data has been weak for most of this expansion.  Australis […]

KUALA LUMPUR (Jan 22): The FBM KLCI is expected to start the week on a positive note with sustained momentum from last Friday, with immediate…

KUALA LUMPUR (Jan 22): AmBank Group Research said it  expects US Dollar / ringgit (USD/MYR) which appreciated by 8.6% in 2017 after depreciating by 4.5%…

(Jan 22): OPEC and Russia reaffirmed that they’ll persevere with oil-production cuts until the end of the year to clear a global glut and signaled…