Tag Archives: Technical Analysis

KUALA LUMPUR (Dec 18): The FBM KLCI declined 1.43 points or 0.1% as investors took profit after the KLCI’s substantial rise last week pushed the…

KUALA LUMPUR (Dec 18): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 19) may include: TMC Life…

        This week, two coincident indicators were released: industrial production was up .2% M/M while retail sales expanded a surprisingly strong .8% M/M.  When these readings are combined with the other major coincident indicators (establishment job growth and real income less transfer payments) a positive picture of the US economy is revealed. […]

            In general, the good news continues.  The EU economy has now been reporting positive news for over a year.  Japanese and Australian indicators also paint a positive picture.  The UK, however, may have problem.  CPI was 3.1%, which the BOE attributed to a weak sterling.  However, granular CPI data […]

The dollar headed broadly higher in N.Y. trade on Friday, largely buoyed by improved hopes that the U.S. congress would agree on a tax reform bill. Incoming data had little impact, as the Empire State index missed the mark a bit, while industrial production was as-expected. EUR-USD started at 1.1809 highs, later falling back to […]

The dollar was mixed in N.Y. trade on Thursday, buoyed early by solid U.S. retail sales figures, and a dovish ECB presser. EUR-USD topped at 1.1862 early, before fading to 1.1772 lows. USD-JPY held over 112.50 until Wall Street faltered, then dipped to 112.09 lows. USD-CAD remained firm until BoC chief Poloz talked upbeat about […]

The dollar has been trading mostly softer amid uncertainties about the tax reform bills prospects after Republican Senator Marco Rubio threated to vote against the bill, joining his GOP colleague, Mike Lee, in demanding that a child tax credit for working families is expanded. The USD index (DXY) ebbed during London AM dealings back to […]

The dollar has been traded mixed, posting fresh losses versus the yen and the Australian, New Zealand and Canadian dollar, consolidating gains it saw yesterday versus the euro, in the wake of the ECB’s announcement and guidance, and holding steady-to-firmer against a raft of emerging-world currencies. The pound, meanwhile, is trading versus the dollar near […]

KUALA LUMPUR (Dec 15): The government is willing to consider relaxing the freeze on luxury property projects in areas such as the KLCC and Bukit…

SINGAPORE (Dec 15): Malaysia’s bond market is set to extend its record for ringgit issuance by the end of the year after powering through the…

KUALA LUMPUR (Dec 15): Malaysia’s central bank said it will discontinue a special deposit facility for exporters from next year, rolling back a measure that…