12d ago
KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce next week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.
12d ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.
13d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, in line with firmer global bullion prices, and amid continued caution ahead of the US nonfarm payrolls report tonight.
13d ago
KUALA LUMPUR, Oct 2 (Bernama) -- American manufacturers operating in Malaysia are reducing their reliance on inputs from China and increasingly sourcing from Malaysia following the implementation of US tariffs, said the American Malaysian Chamber of Commerce (AMCHAM).
14d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit ended higher against a basket of major currencies but slid against the US dollar on Thursday, as the greenback remained well supported despite waning expectations of an interest rate hike by the United States (US) Federal Reserve (Fed).
14d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s mixed performance as higher US Treasury yields and ongoing tensions in West Asia dampened buying interest.
15d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest rates next month following weaker-than-expected consumer sentiment data.
15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market ended higher, tracking gains in regional rubber futures markets amid concerns over supply disruptions, said a dealer.
16d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking weak regional vegetable oil markets, including the Dalian Commodity Exchange.
16d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.
17d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday, tracking a sharp decline in global gold prices as higher US real yields weighed on the precious metal.
17d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit ended lower against the US dollar on Monday, weighed down by continued hawkish sentiment surrounding US interest rates.