Brent Crude May Spike By US$15-US$20 Per Barrel Amid Us-Iran Conflict, Says Public IB

KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).

US-Iran Conflict Disrupts Global Aviation, Could Cost Industry More Than US$1 Bln 

By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.

Early Policy Response Crucial To Contain US-Iran Conflict's Impact, Says Economist

KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.

Renewed US-Iran Conflict Fueling Market Volatility, Raising Oil Prices And Forex risks

By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.

US-Iran Tensions May Drive Global Gold Prices Towards US$5,500 Per Ounce - Analyst

By Danni Haizal Danial Donald

KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.

Ringgit Likely To Trade Range-Bound Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week ahead of key data points from the United States and further developments related to the US-Iran nuclear talks.

Gold Futures Likely To See Cautious Trading Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, as traders are waiting on fresh leads and developments related to the US-Iran nuclear talks.

Gold Futures End Lower On Softer Greenback, US-Iran Uncertainty

KUALA LUMPUR, Feb 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday amid a softer greenback and uncertainty concerning the US-Iran nuclear deal.

Ringgit Opens Higher Vs Greenback, Major, Regional Currencies

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY) closing slightly higher.

Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.

Gold Futures End Lower

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower on Thursday despite persisting uncertainty over US tariff policy and US-Iran negotiations.

Ringgit Ends Higher Against US Dollar Amid Tariff, US-Iran Deal Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit closed higher against the US dollar on Thursday amid uncertainty over US tariff policy and US-Iran talks.