Tag Archives: Technical Analysis

KUALA LUMPUR (Jan 2): Permodalan Nasional Bhd (PNB) hopes earnings growth for Malaysian corporates this year will come in higher than the 6.9% forecast. This comes…

KUALA LUMPUR (Jan 2): The FBM KLCI fell as much as 24.81 points or 1.38% to an intra-day low of 1,772 points today, as investors…

KUALA LUMPUR (Jan 2): Malaysia Pacific Corp Bhd (MPCorp) said it is in the midst of negotiating with The 21st Metallurgical Development (M) Sdn Bhd…

KUALA LUMPUR (Jan 2): Based on corporate announcements and news flow today, companies in focus on Wednesday (Jan 3) may include Malaysia Pacific Corp Bhd,…

CALGARY, Alberta (Dec 30): U.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015,…

NEW YORK (Dec 30): There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their…

KUALA LUMPUR (Dec 30): Anyone shopping for rice in Malaysia’s supermarkets will find a bountiful array of nearly two dozen brands and varieties on the…

KUALA LUMPUR (Dec 30): As Malaysia strives towards developed and high-income status, economists and analysts said what is more important is to keep economic growth…

            This was a good year for the global economy.  The EU, which has suffered from two potential economic crisis in the last seven years, had one year of consistently good economic data.  The UK has yet to experience severe negative post-Brexit developments (although weak construction spending may develop into […]

            At the last Fed meeting, a majority of Federal Reserve governors voted to raise rates.  Citing the combination of a strong labor market and the expectation that inflation would return to 2% in the intermediate future, a majority of the board voted to raise rates an additional .25%.  But […]

November data was sparse in this last week of the year, but included acceleration in rising house prices, a very strong Chicago PMI, including a red hot new orders subindex, and a bifurcation in consumer confidence, with an overall slight decline divided into rising confidence about the present, with a one year low in future […]

The narrow trade-weighted USD index (DXY) ebbed to a three-month low of 92.42. This is the culmination of a near 1% decline this week, and a 8.5% decline on the year-to-date, with the dollar ranking as the weakness of the main currencies we track. This is despite the Fed having hiked rates three times, and […]