By Siti Noor Afera Abu
KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.
By Siti Noor Afera Abu
KUALA LUMPUR, June 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as renewed geopolitical concerns, following Israel’s airstrikes on Iranian nuclear facilities, spurred safe-haven demand.
By Siti Noor Afera Abu
KUALA LUMPUR, June 13 (Bernama) -- The ringgit slipped against the US dollar on the final trading day of the week, reversing earlier gains as rising geopolitical concerns drove safe-haven demand for the greenback
KUALA LUMPUR, June 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives advanced for a second consecutive day, driven by softer US inflation data that strengthened market expectations for interest rate cuts by the US Federal Reserve (Fed) later this year.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, as the gold market eased slightly following a promising phone call between United States President Donald Trump and Chinese President Xi Jinping, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, May 31 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade higher next week as investors may shift to safe-haven assets amid renewed market uncertainty on US tariff policy developments, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, May 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher, rebounding after two consecutive days of losses ahead of the release of the US Federal Reserve’s Federal Open Market Commitee (FOMC) meeting minutes on Wednesday.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade range-bound with an upward bias next week.
KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.
KUALA LUMPUR, May 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as investors turned to safe-haven assets despite losses on the US COMEX, an analyst said.
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
