Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

Chief Economist & Political Strategist

REAL-Economics.com

Thematic (Sector/Industry)

We would recommend being Overweight Malaysia, using any sell-off at the re-start of trading today as a buying opportunity. The export sectors are particularly safe, as they will be winners from the depreciation of the ringgit, especially the rubber-glove makers (well-valued Top Glove, Hartalega and Supermax, which investors can continue to Hold) and the electronics exporters (Inari Amertron, Unisem, Globetronics, and MPI in that order). Other stocks that will be medium-term winners from the…

We would recommend being Overweight Malaysia, using any sell-off at the re-start of trading today as a buying opportunity. The export sectors are particularly safe, as they will be winners from the depreciation of the ringgit, especially the rubber-glove makers (well-valued Top Glove, Hartalega and Supermax, which investors can continue to Hold) and the electronics exporters (Inari Amertron, Unisem, Globetronics, and MPI in that order). Other stocks that will be medium-term winners from the…

What to Buy in Malaysia as the Market Reopens

Malaysia has elected to overturn the 70-year hold of a race-based polity (first put in place by the British in 1948, when they made a pact with UMNO) and picked a multi-racial, race-neutral future. The 2018 election is a triumph not just for Mahathir, but much more for Anwar Ibrahim, the stormy petrel of Muslim awakening in the 1970s who became a sentinel of a more inclusive Malaysia in the 1990s until he fell out with Mahathir over the response to the Asian Financial Crisis. In the end,…

Malaysia has elected to overturn the 70-year hold of a race-based polity (first put in place by the British in 1948, when they made a pact with UMNO) and picked a multi-racial, race-neutral future. The 2018 election is a triumph not just for Mahathir, but much more for Anwar Ibrahim, the stormy petrel of Muslim awakening in the 1970s who became a sentinel of a more inclusive Malaysia in the 1990s until he fell out with Mahathir over the response to the Asian Financial Crisis. In the end,…

Malaysia Boleh: Democracy Wins Big as Malaysia Chooses a Multi-Racial Compact

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

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Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

USD/MYR is one of the last currencies to succumb to USD strength in Asia, per our bullish USD domino call, after registering a micro double bottom but also a macro dual low from lows back in early 2016 setting a firm base. We outline tactical rally targets as well as longer term strategic pivot levels that would warn of a test of the 4.50 dual highs. It is the weekly MACD cycle that shows a very high confidence structure that points to a macro move higher in the USD.<figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/051/887/original/MALAY%20FX.png?1525927553" data-smartkarma-image-id="51887"></figure>Weekly MACD is not only…

USD/MYR is one of the last currencies to succumb to USD strength in Asia, per our bullish USD domino call, after registering a micro double bottom but also a macro dual low from lows back in early 2016 setting a firm base. We outline tactical rally targets as well as longer term strategic pivot levels that would warn of a test of the 4.50 dual highs. It is the weekly MACD cycle that shows a very high confidence structure that points to a macro move higher in the USD.Weekly MACD is not only…

Global Macro Strategy

Callum Henderson

The stunning result in the Malaysian national elections (see <a href="https://www.smartkarma.com/insights/a-malay-tsunami-sweeps-najib-from-power-as-mahathir-anwar-score-a-landslide-win" target="_blank" data-smartkarma-citation="insights:20182">A Malay Tsunami Sweeps Najib from Power, as Mahathir-Anwar Score a Landslide Win</a> for a detailed breakdown of the politics) has caught investors by surprise given the consensus market view that Najib and the BN would win again. In this Quick Note, I run through the likely market reaction over the next few days and weeks. As the title suggests, despite what seems a victory for democracy, it is likely to be a bumpy ride.To recap, official…

The stunning result in the Malaysian national elections (see A Malay Tsunami Sweeps Najib from Power, as Mahathir-Anwar Score a Landslide Win for a detailed breakdown of the politics) has caught investors by surprise given the consensus market view that Najib and the BN would win again. In this Quick Note, I run through the likely market reaction over the next few days and weeks. As the title suggests, despite what seems a victory for democracy, it is likely to be a bumpy ride.To recap, official…

There will be a significant sell-off in Malaysian equities and the ringgit because of the uncertainty caused by Malaysia's first change of governing party/coalition in the 61 years since Malaya gained independence from Britain. We view this sell-off as a buying opportunity, because Malaysia will now be renewing its social compact, with two multi-racial parties at the heart of the new government. As of 1:30am, 10th May 2018 (8+ hours after the polls closed), the long-ruling Barisan Nasional was…

There will be a significant sell-off in Malaysian equities and the ringgit because of the uncertainty caused by Malaysia's first change of governing party/coalition in the 61 years since Malaya gained independence from Britain. We view this sell-off as a buying opportunity, because Malaysia will now be renewing its social compact, with two multi-racial parties at the heart of the new government. As of 1:30am, 10th May 2018 (8+ hours after the polls closed), the long-ruling Barisan Nasional was…

A Malay Tsunami Sweeps Najib from Power, as Mahathir-Anwar Score a Landslide Win

Malaysia

The Malaysian ringgit is the official currency of the Federation of Malaysia. 

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MYR (USDMYR CURNCY)

What to Buy in Malaysia as the Market Reopens

We would recommend being Overweight Malaysia, using any sell-off at the re-start of trading today as a buying opportunity. The export sectors are...

Prasenjit K. Basu

Malaysia Boleh: Democracy Wins Big as Malaysia Chooses a Multi-Racial Compact

Malaysia has elected to overturn the 70-year hold of a race-based polity (first put in place by the British in 1948, when they made a pact with...

Prasenjit K. Basu

MYR 4.08 Pivot on the Way to 4.25

USD/MYR is one of the last currencies to succumb to USD strength in Asia, per our bullish USD domino call, after registering a micro double bottom...

Thomas Schroeder

MYR - The Next EMFX Shoe to Drop?

The stunning result in the Malaysian national elections (see A Malay Tsunami Sweeps Najib from Power, as Mahathir-Anwar Score a Landslide Win for a...

Callum Henderson

A Malay Tsunami Sweeps Najib from Power, as Mahathir-Anwar Score a Landslide Win

There will be a significant sell-off in Malaysian equities and the ringgit because of the uncertainty caused by Malaysia's first change of...

Prasenjit K. Basu

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52-week Range

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