Tag Archives: Technical Analysis

KUALA LUMPUR (Nov 6): The Royal Malaysia Police (PDRM) is currently awaiting instructions from the Attorney General’s (AG) Chamber on further actions toward the 1Malaysia…

KUALA LUMPUR (Nov 6): 4Q load factor much better than last yr and compares with 79% in 3Q, CEO Benyamin Ismail says in interview in…

SINGAPORE (Nov 6): A cache of leaked correspondences has revealed that Low Taek Jho, aka Jho Low, fears that allegations against him would result in…

(Nov 6): Prince Turki bin Abdullah, co-founder of Petrosaudi, the company that is embroiled in the 1Malaysia Development Bhd scandal, was among the 11 princes…

KUALA LUMPUR (Nov 6): An North Korean embassy official and a manager of Air Koryo, the national airline, met suspects wanted for the killing of…

KUALA LUMPUR (Nov 6): The FBM KLCI rose 1.36 points or 0.1%, supported by blue-chip counters including MISC Bhd. Crude oil gains directed the spotlight…

KUALA LUMPUR (Nov 6): Confirming speculation that a merger would be inked today, Malaysia Building Society Bhd (MBSB) announced it would be buying the entire…

            Because he was more of a regulator than an economist, Governor Powell flew below my radar screen.  So when Trump nominated Powell to be the new head of the Federal Reserve, I had to do my homework, reading speeches he has given over the last year or to become […]

            This week, the BOJ issued their latest policy statement, which was a continuation of their low interest rate policy.  Other data indicated that Abenomics is working.  EU news continued to impress.  The BOE raised rates.  However, their policy announcement contained contradictory statements about future growth prospects.

            This week’s news pointed to a solidly expanding US economy.  Personal consumption expenditures continued growing at an impressive pace.  The ISM surveys also showed continued growth.  While the jobs report was strong, it’s best to look at the averages, which show the economy is continuing to grow at a […]

OVERVIEW The Sterling has managed to claw back some of yesterday’s losses. US Dollar hits one week low after a weaker jobs report was released. The Loonie is stronger today after the strengthened employment numbers were released.  HIGHLIGHT

October data started out almost entirely positive, with very strong ISM manufacturing and services readings, a strong rebound in vehicle sales for the second month in a row, strongly positive consumer confidence, an underemployment rate equal to the lowest since 2000, and an unemployment rate lower than any since then. Jobs also rebounded, and September’s […]