Tag Archives: Technical Analysis

KUALA LUMPUR (Nov 10): Mudajaya Group Bhd announced today it has withdrawn from RM810 million contract it was awarded last year by Consortium Zenith Construction Sdn Bhd…

The dollar has traded moderately softer, led by a 50 pip tumble in USD-JPY after news that a U.S. three-carrier strike group was conducting exercises off the Korean peninsular seemed to rattle some nerves in markets, prompting buying of the safe haven Japanese currency while pushing stocks — particularly markets in Japan and South Korea […]

FX trade was relatively quiet in N.Y. on Wednesday, leaving the dollar just marginally firmer overall. There was no U.S. data to drive prices, and for the most part, traders were happy to remain in consolidation mode. EUR-USD topped at 1.1604, before slipping to 1.1580 lows, while USD-JPY rallied over 113.80 from 113.40 at the […]

EUR-USD has been choppy, dipping under 1.1600 before rebounding to the 1.1640 area in the late London AM session. The dip came after ECB’s Coeure said earlier that there is nothing that would justify an end to ECB monetary stimulus, while the rebound reflected a broader drop in the dollar, which seemed to correlate a […]

OVERVIEW US Dollar slumps ahead of Senate Republicans tax-cut bill release. Bitcoin hits an all-time high of $7888. Sterling has managed to avoid any losses due to the political turmoil unfolding. HIGHLIGHT The Euro has capitalized on a weaker Dollar and moved back above 1.1600. The Euro-zone is forecast to grow at its best rate […]

KUALA LUMPUR (Nov 8): Based on corporate announcements and news flow today, companies in focus on Thursday (Nov 9) may include: Fraser & Neave Holdings…

(Nov 9): Donald Trump’s withdrawal from the 12-nation Trans-Pacific Partnership has put the U.S. in a difficult position when it comes to Asian commerce. That…

KUALA LUMPUR: Eco World International Bhd (EWI) is partnering renowned UK construction firm Willmott Dixon to jointly develop 12 sites in Greater London and the…

KUALA LUMPUR (Nov 9): The Digital Free Trade Zone (DFTZ) is expected to double the export growth of SME (small and medium enterprise) products and…

KUALA LUMPUR (Nov 9): Huawei Technologies (M) Sdn Bhd (Huawei Malaysia) has signed a memorandum of understanding (MoU) with the Terengganu state government to jointly…

KUALA LUMPUR (Nov 9): Malaysia’s industrial production in September expanded at a pace well below expectations, as growth slowed across all sectors. Factory output grew 4.7%…

KUALA LUMPUR (Nov 9): The FBM KLCI closed up 2.61 points or 0.15% today at 1,746.81 points, as oil and gas (O&G) counters took centre…