Tag Archives: Technical Analysis

As higher oil prices lifted the profit of Petronas Nasional Bhd by more than 100% at the end of its second quarter, it does appear that the vagaries of the oil and gas sector have found some stability.

USD-JPY has led broader dollar declines amid a mix of bearish drivers, including year lows in U.S. Treasury yields, risks for a further ratcheting up in North Korea tensions as the rogue nation nears nuclear ICBM capability, and the dollar-bearish narrative being generated by Hurricane Irma’s track to Florida and the south east U.S., and […]

USD-JPY continued to lead broader dollar declines amid a mix of bearish drivers, including year lows in U.S. Treasury yields, risks for a further ratcheting up in North Korea tensions as the rogue nation nears nuclear ICBM capability, and the dollar-bearish narrative being generated by Hurricane Irma’s track toward the south east U.S. USD-JPY clocked […]

OVERVIEW Euro hit a 2.5 year high against a weaker US Dollar as Hurricane Irma storms towards Florida.  UK factory output increased at the fastest pace this year in July, but the trade deficit remained large at £11.58 billion. German trade surplus narrowed in August with exports growing less than expected.  China’s trade surplus fell short […]

The dollar managed a dead cat bounce from overnight trend lows, which saw the DXY print 91.02, the weakest since the beginning of 2015. EUR-USD retreated to 1.2015 lows from 1.2092, as USD-JPY recovered briefly to 108.07 highs, from 107.32. USD-CAD bounced from 28-month lows of 1.2062 to 1.2165 following a mixed Canada jobs report. […]

KUALA LUMPUR (Sept 8): Prime Minister Datuk Seri Najib Tun Razak said Datuk Wira Azhar Abdul Hamid has been appointed as Felda Global Ventures Holdings…

KUALA LUMPUR (Sept 9): MMC Corp Bhd’s unit Northport (M) Bhd has inked a strategic alliance with two Sarawak-based shipping companies to increase shipping service…

KUALA LUMPUR (Sept 8): Based on corporate announcements and news flow today, stocks in focus on Monday (Sept 11) may include: FGV, AQRS, Wintoni, Lien…

KUALA LUMPUR (Sept 8): Felda Global Ventures Holdings Bhd (FGV) said that it has yet to formally receive any notification on the appointment of Datuk…

KUALA LUMPUR (Sept 8): The FBM KLCI saw a modest pullback today on profit taking, erasing gains accumulated over the past two trading days. The benchmark…

KUALA LUMPUR (Sept 8): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. Two stocks positive momentum while five showed negative momentum. The stocks with positive momentum were: Palette Multimedia Bhd – up 2 sen at 24 sen Malaysia…

HONG KONG: ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, secured Hong Kong stock exchange approval for its planned initial public offering which could raise more than US$1 billion, sources said on Friday.