Tag Archives: Technical Analysis

LONDON: Oil prices rose on Monday to their highest in seven months after major producers said at a meeting in Vienna the global market was well on its way towards rebalancing.

KUALA LUMPUR: The cost of the Johor Baru-Singapore Rapid Transit System Link (RTS Link) will depend on the final alignment of the rail track, says Minister in the Prime Minister’s Department, Datuk Seri Abdul Rahman Dahlan.

COPENHAGEN: Payments firm Nets on Monday welcomed a 33.1 billion Danish crown ($5.3 billion) bid from U.S. firm Hellman & Friedman, marking what could be one of the largest European private equity takeovers in recent years.

LONDON: Emerging equities hit two-week lows on Monday, weighed down by global politics, the prospect of higher U.S. interest rates, a retreat in tech stocks and weak Chinese property shares.

LONDON: All’s quiet on the European front, if stock traders are to be believed.

KUALA LUMPUR: AirAsia Bhd is moving closer to setting up a joint-venture (JV) budget airline in China, having entered into a non-binding term sheet with China Everbright Group and two other companies on Friday last week.

KUALA LUMPUR: UK’s export credit agency, UK Export Finance (UKEF), has increased the support for bilateral trade with Malaysia by more than double to £5bil (RM28.35bil).

KUALA LUMPUR: MISC Bhd is selling its 45% stake in Centralised Terminals Sdn Bhd (CTSB) to Dialog Group for RM193mil as it seeks to focus on energy related maritime services.

BEIJING: The growth of China’s overall leverage ratio has been clearly slowing and is now stabilising, the state planner said on Monday, days after S&P downgraded the country’s sovereign debt rating.

            There are four elements of a time series: the actual trend (which is determined using moving averages of various lengths), cyclical movements (regular events that occur over more than 12-months), seasonal movements (regular events that occur over less than 12 months) and irregular events.  Hurricanes Irma and Harvey provide […]

            The OECD released their latest global growth forecast this week, calling for a slight uptick in overall activity.  OECD GDP is projected to be 3.5% this year – the highest in four years.  Russia and Brazil are projected to grow as well.  But global structural issues remain.  Trade and […]

The euro has come under across-the-board pressure following the German election result, which has left Merkel in place as Chancellor but in a weakened position, heralding a lengthy period of coalition-building talks. The September German Ifo business confidence survey also underwhelmed. EUR-USD dove over 0.6% in logging a three-session low at 1.1881. EUR-JPY and other […]