Gold Futures Climb as Fed Rate Hike Expectations Ease
KUALA LUMPUR, Aug 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as reduced expectations of a US Federal Reserve (Fed) rate hike boosted demand for the precious metal.
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Market
Ringgit Steady Vs US Dollar as Investors Await Key US Data
KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit held steady against the US dollar at the close today as the United States’ (US) weak job numbers weighed on the greenback’s performance.
KLCI Futures End Higher
KUALA LUMPUR, Aug 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday.
Rubber Market Ends Lower On Weak US Labour Data
By K. Naveen Prabu
KUALA LUMPUR, Aug 10 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by weaker-than-expected United States (US) labour market data, a dealer said.
Bursa Malaysia Ends Marginally Lower as Investors Stay On Sidelines
By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman
KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said.
Bursa Malaysia Opens Higher, Tracking Wall Street Gains
KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia opened higher on Monday, taking cues from gains on Wall Street on Friday.
Ringgit Opens Higher Against US Dollar
KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit opened higher against the US dollar on Monday on weaker United States (US) non-farm payrolls (NFP) data.
KLCI Futures Likely To Trade Within 1,720-1,750 Range Next Week
By Engku Shariful Azni Engku Ab Latif & Karina Imran
KUALA LUMPUR, Aug 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias within 1,720-1,750 range next week, said an analyst.
Rubber Market Seen Range-bound Next Week On Geopolitical Uncertainty, Tariff Talks
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market is expected to remain range-bound next week as geopolitical uncertainty and renewed tariff discussions weigh on global buying interest.
Gold Futures Expected To Hover Around US$4,250-US$4,350 Next Week
KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.
CPO Futures To Trade With Profit-taking Bias Next Week
KUALA LUMPUR, Aug 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a profit-taking bias next week as the war between the United States (US) and Iran appears to be cooling.
Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.