Tag Archives: Technical Analysis

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country’s largest pure-play construction group, saw its net profit rise 11.1% to RM34.59 million in…

KUALA LUMPUR (Nov 20): A tender to appoint the project delivery partner (PDP) for the Kuala Lumpur-Singapore high speed rail (HSR) project will be called…

HONG KONG (Nov 20): China’s biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia…

KUALA LUMPUR (Nov 20): UEM Sunrise Bhd, whose third quarter net profit jumped 2.4 times from a year ago, said it is on track to…

KUALA LUMPUR (Nov 20): Based on corporate announcements and news flow today, stocks in focus on Tuesday (Nov 21) may include: Zecon, Tanco, Ranhill, Kronologi,…

            The good news for the U.S. is that its economy continues to expand at a strong rate.  This week, two coincident indicators – retail sales and industrial production – were released.  Both grew strongly.  After hurricane caused spikes, initial unemployment claims have returned to previously low levels.  While the […]

            The Federal Reserve has an inflation problem.  No, inflation is not too hot.  In fact, it’s too cold.  More importantly, the Fed continues to rgue inflation will eventually hit and maintain 2%.  But the underlying trend says otherwise.              First, the PCE implicit price deflator is the Fed’s preferred […]

            Global economic news from the OECD big seven continues showing a world economy with link synchronous growth.  The EU is entering its second year of above-trend growth.  There’s no reason to believe this trend will not continue for the next 3 to 6 months.  Japan is also enjoying strong […]

NEW YORK (Nov 18): Goldman Sachs Group Inc has won the dismissal of a US$510 million lawsuit in New York brought by a private equity…

October data was almost all positive, including significant increases in housing permits and starts, a big jump in industrial production and capacity utilization, and increase in both nominal and real retail sales, and subdued consumer inflation. Producer prices did jump more than expected.  

KUALA LUMPUR (Nov 20): The Edge weekly in its latest edition reported that on Thursday, Nov 2, US President Donald Trump unveiled his signature tax…

The dollar has been trading mixed so far today, losing ground to the yen, euro and sterling, while gaining versus the Australian dollar, other dollar bloc currencies, and most emerging market units. USD-JPY was the biggest mover, logging a one-month low at 112.39. The mixed performance of the dollar follows a mixed set of data […]