By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 26 (Bernama) -- The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 26 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade on a bullish note next week, driven by a price discount relative to soybean oil, which could spark increased buying interest, according to trader David Ng.
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
By Siti Radziah Hamzah
KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index closed flat to settle at slightly below the 1,500-mark on Monday as investors balanced persistent global uncertainties with signs of underlying domestic resilience, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade cautiously next week, as traders will be monitoring any potential trade war resolution, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 18 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower on Friday, tracking losses on COMEX, as the commodity weakened after the United States (US) bond market stabilised, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 18 (Bernama) -- The ringgit eased against the US dollar at the close today following the announcement of a lower-than-expected gross domestic product (GDP) growth estimate for Malaysia for the first quarter (1Q) of 2025, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 17 (Bernama) – The gold futures contract on Bursa Malaysia Derivatives closed higher on Thursday, although the global gold market retreated amid the United States Federal Reserve’s (Fed) hawkish stance on US bonds, an analyst said.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed marginally higher against the US dollar today, driven by a weaker greenback amid global trade tensions, said an analyst.
By Siti Radziah Hamzah
KUALA LUMPUR, April 17 (Bernama) -- Chinese President Xi Jinping’s visit elevates Malaysia’s role as a middle power, integrated into both United States and China supply chains, with room to manoeuvre as trade tensions between Washington and Beijing continue to escalate.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, echoing gains on COMEX as growing global economic uncertainties strengthen the commodity, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 16 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker greenback amid uncertainties surrounding the trade war and tariff tensions, said an analyst.
