Gold Futures Rebound On Fed Rate Cut Expectations

KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, mirroring gains in the US COMEX gold market amid growing expectations of a US Federal Reserve (Fed) interest rate cut.

Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.

FBM KLCI Highest In Four Months On US Rate Cut Hopes

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.

Bursa Malaysia Stays Higher At Midday, In Sync With Regional Market

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia continued its upward momentum at midday in line with the positive regional market performance, as market sentiments improved after the United States’ (US) July inflation data came in slightly below expectations at 2.7 per cent, fuelling hopes for a September rate cut.

Gold Futures End Lower, Mirroring Comex Decline

KUALA LUMPUR, Aug 12 (Bernama) -- The gold futures on Bursa Malaysia Derivatives closed lower, tracking a sharp correction in the United States (US) COMEX gold market.

Ringgit Extends Gains Ahead Of US CPI Data Release

Public Gold Customer Base To Hit 2.3 Mln By End-2025, Mulls Indonesia, Thailand And UAE Expansion

By Fatin Umairah Abdul Hamid and Mikhail Raj Abdullah

KUALA LUMPUR, Aug 12 (Bernama) -- Robust demand for gold is expected to raise Public Gold Marketing Sdn Bhd’s customer base to 2.3 million by the end of the year from 2.2 million currently.

Ringgit Up Against US Dollar, Major Currencies Ahead 2Q GDP Announcement

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.

Gold Futures End Lower, Tracking Comex Weakness

KUALA LUMPUR, Aug 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Monday, tracking the decline in the US COMEX gold market ahead of the upcoming release of the July US consumer price index (CPI), scheduled tomorrow.

Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.

FBM KLCI Futures Open Higher

KUALA LUMPUR, Aug 11 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives opened higher today.

CPO Futures Likely To Trade Lower Next Week On Higher Output Concerns

By K. Naveen Prabu

KUALA LUMPUR, Aug 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week, amid expectations of higher production and stock levels.