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KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026, supported by manageable inflation and resilient domestic economic conditions, according to Kenanga Investment Bank Bhd (Kenanga IB).
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By Siti Noor Afera Abu
KUALA LUMPUR, March 6 (Bernama) -- The ringgit ended the week higher against most major currencies but edged slightly lower versus the US dollar as the greenback regained its strength on rising safe-haven demand amid the escalating Middle East conflict.
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By Siti Noor Afera Abu
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) settled lower on Thursday despite gains in COMEX gold futures, as shifting market sentiment reduced the urgency for investors to hold the precious metal as a geopolitical hedge.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 4 (Bernama) -- The Middle East conflict, particularly disruptions along the Strait of Hormuz, has triggered heightened volatility in global markets, with investors shifting towards safe-haven assets amid concerns over energy supply security.
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KUALA LUMPUR, March 4 (Bernama) -- The ringgit opened slightly higher against the US dollar today but is expected to remain under pressure amid mounting geopolitical tensions, with traders continuing to favour the greenback as a safe-haven asset.
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By Siti Noor Afera Abu
KUALA LUMPUR, March 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives declined on Tuesday, in line with weaker US COMEX gold futures as the greenback strengthens amid the Middle East conflict.
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By Siti Noor Afera Abu
KUALA LUMPUR, March 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Monday, tracking gains in US COMEX gold futures, as conflict in the Middle East boosted safe-haven demand despite a firmer greenback.
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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.
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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.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished higher on Wednesday as US tariff uncertainty continues.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance.
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KUALA LUMPUR, Jan 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, mirroring gains in US Comex gold futures as investors continued to turn to safe-haven assets.