Tag Archives: Technical Analysis

KUALA LUMPUR (Dec 21): IOI Properties Group Bhd’s wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund…

KUALA LUMPUR (Dec 21): PLUS Malaysia Bhd expects some 1.5 million vehicles will ply the North-South Expressway (NSE) during this holiday period in conjunction with…

21 December 2017 The Editor Dear Sir,    Response to “Government-Linked Companies: Impacts on the Malaysian Economy” by Jayant Menon, Policy IDEAS No. 45, December 2017.   We refer to various…

KUALA LUMPUR (Dec 21): Yinson Holdings Bhd’s 49%-owned joint venture (JV) unit PTSC Asia Pacific Pte Ltd (PTSC AP) will receive a termination fee of…

(Dec 21): Switzerland’s financial regulator will conduct a detailed review of JPMorgan Chase & Co’s anti-money laundering controls after finding the bank seriously breached regulations…

KUALA LUMPUR (Dec 21): The FBM KLCI gained 4.58 points or 0.3%, mainly on late buying of Petronas Gas Bhd shares amid fund managers’ extended…

KUALA LUMPUR (Dec 21): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 22) may include the following:…

NEW YORK (Dec 21): Wall Street’s main indexes rose on Thursday on hopes that lower corporate tax rates would allow companies to deploy additional capital…

The dollar saw little impact from the tax bill votes, which passed in both the House of Reps and the Senate (which took place just earlier in the case of the latter, in the early hours of Wednesday on Capitol Hill). The House will re-vote later today due to procedural irregularities in the vote yesterday, […]

The dollar was relatively steady through the morning session, though ahead of the U.S. House vote on the tax reform bill, USD sellers stepped in, taking major dollar pairing to near session lows. EUR-USD rallied from early lows of 1.1805 to print 1.1848 highs, while USD-JPY traded under 113.00 after topping at 113.07. USD-CAD was […]

The dollar traded mixed, seeing little impact from the tax bill’s passage in the U.S. Senate in the early hours of the day. The House will re-vote later today due to procedural irregularities in the vote yesterday, and is expected to pass. The dollar posted gains versus the yen, which has generally underperformed, while showing […]

            The US economy is currently doing very well.  As I recently noted, all the coincidental indicators show an expanding economy.  The leading indicators show more moderate growth and none of the long-leading indicators show any signs of weakness.  But will this trend continue?  No one knows for sure.  However, […]