5d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.
5d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 13 (Bernama) -- The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.
5d ago
KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.
6d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.
6d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the US Federal Reserve (Fed) cut interest rates for the third time this year, making the safe-haven asset more attractive to investors.
6d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia traded higher in the morning session, supported by improved sentiment following the US Federal Reserve’s rate cut and in line with overnight gains on Wall Street.
7d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
7d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as investors awaited the outcome of the Federal Open Market Committee (FOMC) decision on the United States (US) interest rates later tonight.
7d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.
7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.
7d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon as investors stayed cautious and locked in profits ahead of the United States Federal Open Market Committee’s (FOMC) policy decision on interest rates, while also mirroring the downbeat performance across regional markets.
7d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia retreated in the morning session as investors booked profits ahead of the US Federal Reserve’s interest rate decision later today, mirroring subdued regional markets.