Tag Archives: Technical Analysis

(Jan 22): China’s National Defense Ministry said the U.S. should abandon a “Cold War” mindset and view Chinese national security and military efforts “rationally and…

KUALA LUMPUR (Jan 22): The FBM KLCI edged higher in early trade this morning, lifted by select index-linked blue chips. At 9.05am, the FBM KLCI rose…

KUALA LUMPUR: As interest in cryptocurrencies such as bitcoin, ethereum and ripple continues to grow in Malaysia amid Bank Negara Malaysia’s (BNM) stance not to…

December data included housing permits, which rose slightly, and the more volatile starts, which declined sharply. Industrial production and capacity utilization both rose. Consumer sentiment about the present as measured by the University of Michigan declined, while sentiment about the future rose.   

WASHINGTON (Jan 20): The U.S. government shut down at midnight on Friday after Democrats and Republicans, locked in a bitter dispute over immigration and border…

KUALA LUMPUR (Jan 20): The Edge weekly in its latest edition decided to provide investors a guide as to how to buy out undervalued stocks. In…

The dollar has traded softer on U.S. political concerns, though has remained above recent trend lows versus the yen, euro and most other currencies. The narrow trade-weighted USD index (DXY) is down 0.2%, making a low at 90.33 and swinging the 37-month low of Wednesday at 90.14 back into scope. The House of Reps passed […]

The DXY managed modest gains in N.Y. on Friday, moving to 90.63 highs from 90.39 lows early in the session. The Softer Michigan sentiment report had little impact, nor sis prospects for about a 50-50 change of a U.S. government shut down (as of the time of this writing). EUR-USD eased from 1.2275 highs to […]

OVERVIEW UK retail sales disappoint. US consumer confidence weakens for a 3rd straight month. Canadian manufacturing sales post the biggest increase in 2.5 years. Fears over US government shutdown drive risk aversion. HIGHLIGHT

The USD index (DXY) has tracked lower despite new U.S. yield lows, with the narrow trade-weighted index down 0.3% at 90.20, bringing Wednesday’s 37-month low to within 6 ticks. Yield gains across the globe, coupled with a burgeoning global risk-on sentiment and an associated investor hunt for higher-beta assets, along with concerns that the stopgap […]

SINGAPORE (Jan 19): Oil prices dropped more than 1% on Friday as a bounce-back in US production outweighed ongoing declines in crude inventories. If Friday’s falls…

TAIPEI/SHANGHAI (Jan 19): Taiwan’s aviation regulator has stalled applications for new flights from China Eastern Airlines and Xiamen Airlines amid a row between Beijing and the…