Tag Archives: Technical Analysis

(Jan 12): Beijing has developed a new “landing ship” that could be used in future wars involving islands, Chinese media reported Thursday. That news follows a…

SETIA ALAM (Jan 12): Top Glove Bhd, the world’s largest rubber glove manufacturer, is now on a lookout to acquire six more companies by 2019. “This…

KUALA LUMPUR (Jan 12): T7 Global Bhd has formed a joint venture with a unit of China’s largest construction and real estate conglomerate to bid…

KUALA LUMPUR (Jan 12): The FBM KLCI closed 5.79 points or 0.3% higher as the ringgit strengthened after crude oil prices topped US$70 a barrel. At…

WASHINGTON (Jan 12): Talks between North and South Korea ahead of next month’s Winter Olympics have eased fears of war over Pyongyang’s development of nuclear missiles…

KUALA LUMPUR (Jan 12): Based on corporate announcements and news flow today, companies in focus on Monday (Jan 15) may include: AirAsia X Bhd, AirAsia…

KUALA LUMPUR: Luno, a globally-recognised cryptocurrency exchanger based in London, said today that its bank account in Malaysia has been frozen by the Inland Revenue…

The dollar is firmer after China rebutted yesterday’s Bloomberg story alleging that it was pondering a reduction on U.S. Treasury purchases. USD-JPY broke a run of three consecutive declines, which printed a seven-week low at 111.27 yesterday, in recouping to the upper 111.0s. China’s State Administration of Foreign Exchange said that the Bloomberg report was […]

The dollar is firmer after China rebutted yesterday’s Bloomberg story alleging that it was pondering a reduction on U.S. Treasury purchases. USD-JPY broke a run of three consecutive declines, which printed a seven-week low at 111.27 yesterday, in recouping to the upper 111.0s. China’s State Administration of Foreign Exchange said that the Bloomberg report was […]

OVERVIEW ECB minutes spark speculation over QE program. Chinese authorities deny reports on US debt purchases. USD back under pressure after PPI falls. AUD rallies after strong retail sales. CAD weaker on NAFTA concerns. Oil surges to highest since 2014 as OPEC say output cuts will continue. HIGHLIGHT

Perhaps the biggest single thread in my overall business cycle analysis in the past year or two is that we have come to the later part of the cycle, but on the other hand there are no signs of any near-term decline.  

The dollar took an early hit on Thursday in N.Y. trade, as ECB minutes said the Bank could change its guidance in early 2018 if the EU economy continues to expand. Incoming U.S. data missed the mark, weighing further on the USD, as jobless claims were higher than expected, and PPI cooler than forecasts. EUR-USD […]