Tag Archives: Technical Analysis

KUALA LUMPUR (Jan 8): Medilife Ambulance Services has teamed up with Digi Telecommunications Sdn Bhd’s iFleet to provide time-critical tracking and greater visibility of its…

KUALA LUMPUR (Jan 8): The FBM KLCI rose 14.18 points or 0.8% as volume across Bursa Malaysia neared seven billion shares. Fund managers said Malaysian…

KUALA LUMPUR (Jan 8): The forensic audit on the Kuala Lumpur Vertical City (KLVC) project being developed by Synergy Promenade Sdn Bhd on land owned…

KUALA LUMPUR (Jan 8): Based on corporate announcements and news flow today, companies in focus on Tuesday (Jan 9) may include: NWP Holdings Bhd, Binasat…

            What this week lacked in volume, it made up for in weight.  Markit released their monthly PMI numbers for all the advanced economies.  If Europe’s numbers continue in this manner for the rest of the year, the continent can expect its best post-Recession growth totals om 2018.  Japan’s numbers […]

              On Wednesday, the Federal Reserve released the latest Meeting Minutes, which were taken during December’s meeting.  The Fed believes that financing conditions are supportive and that the economy ended the year on a high-note.  However, there are still a large number of conflicting views among the Fed governors regarding inflation, indicating there is […]

            Jobs data is one of the most important sets of economic information used by economists.  A high rate of hiring is prima facia evidence of a growing economy and increasing demand.  Strong jobs growth also supports higher consumer spending, which is responsible for 70% of US economic growth.  This is why the initial claims […]

December data started out with an improvement in motor vehicle sales and the ISM manufacturing index. ISM services was positive but decelerated from last month. Jobs were positive but also showed deceleration. The unemployment rate held steady. The underemployment rate rose slightly, a negative.  

KUALA LUMPUR: Due to excess spending, the Malaysian government’s debt has grown an average 10% a year over the past 10 years to reach RM687.43…

.The dollar traded mostly firmer during the pre-London session in Asia. USD-JPY has rallied for a third consecutive day, this time hitting a nine-day peak at 113.11. This extends the rebound from the thee-week low that was seen earlier in the week at 112.05. A record-breaking rally on Wall Street, and strong equity market gains […]

The dollar traded firmer as the release of the December U.S. jobs loomed large. USD-JPY has rallied for a third consecutive day, hitting a nine-day peak at 113.28, extending the rebound from the thee-week low that was seen earlier in the week at 112.05. It wasn’t just a firmer dollar story, as EUR-JPY, despite a […]

The dollar recovered its post-jobs report initial losses, as the market came to the realization that despite the NFP miss, the internals of the report were fairly good. EUR-USD retraced under 1.2025 from 1.2083 highs, as USD-JPY moved back over 113.20 from 113.02 lows. USD-CAD did not participated in the comeback rally however, and remained […]