Gold Futures End Lower On Stronger US Dollar
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s strong performance, said an analyst.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s strong performance, said an analyst.
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) Treasury yields, said an analyst.
KUALA LUMPUR, Nov 6 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has joined Prime Minister Datuk Seri Anwar Ibrahim in congratulating Donald Trump on his victory in the United States (US) presidential election.
KUALA LUMPUR, Nov 6 (Bernama) -- Technology and semiconductor-related stocks on Bursa Malaysia surged at today's close, amid anticipation of the Republican candidate Donald Trump's victory over Democrat rival Kamala Harris in the 2024 United States (US) presidential election.
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.