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Gold Futures Climb On Geopolitical Tensions, Dovish Fed Outlook

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.

Gold Futures Extend Gains On Fed Rate Cut Hopes

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.

Ringgit Improves Against Greenback Amid Weaker US Economic Data

KUALA LUMPUR, June 12 (Bernama) -- The ringgit continues to strengthen against the greenback on Thursday, amid weaker United States (US) economic data, an analyst said.

Malaysian Rubber Market Extends Mixed Performance

KUALA LUMPUR, June 11 (Bernama) -- The Malaysian rubber market extended its mixed performance at the close today, in tandem with regional rubber futures markets and crude oil prices, a dealer said.

Ringgit Likely To Trade Within RM4.22-RM4.23 Against Greenback Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, June 7 (Bernama) -- The ringgit is likely to trade around RM4.22 to RM4.23 next week, said an analyst.

Gold Futures End Lower Amid Positive US-China Developments

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.

Bursa Malaysia Rises For 2nd Straight Day On Continued Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.

Ringgit Opens Higher Against Greenback Amid Weaker US Economic Data

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 5 (Bernama) -- The ringgit opens marginally higher against the US dollar on Thursday, amid weaker-than-expected United States (US) economic data and tariff uncertainties, an analyst said.

Ringgit Opens Higher Against US Dollar Amid Tariff Policy Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 3 (Bernama) -- The ringgit rebounded to open higher against the US dollar on Tuesday, as markets assessed the outlook for US President Donald Trump's tariff policy, an analyst said.

ASEAN Currencies Seen Strengthening This Year As US Dollar Weakens

KUALA LUMPUR, June 2 (Bernama) -- ASEAN currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, said Maybank Investment Bank Bhd (Maybank IB) today.

Bursa Malaysia Bucks Regional Trend To End Lower, Sans Fresh Local Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst.

Ringgit Slips Against US Dollar As Fed Seen Delaying Rate Cuts

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as expectations dimmed for a near-term rate cut by the US Federal Reserve (Fed), an analyst said.