Ringgit Ends Lower As Fed Rate Hike Concerns Lift US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market sentiment.

Ringgit Opens Firmer Against Greenback As US Posts Weaker Consumer Confidence Data

KUALA LUMPUR, July 1 (Bernama) -- The ringgit was firmer against the US dollar in the early session, supported by weaker-than-expected US consumer confidence data that weighed on the greenback.

CPO Futures Close Lower Amid Concerns Over Rising Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Tuesday due to concerns over rising production in the coming weeks. 

KL Rubber Market Ends Mixed Amid Regional Futures Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, supported by gains in regional rubber futures markets and a slightly weaker ringgit against the US dollar, a dealer said.

MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.

CPO Futures Close Higher On Stronger Soybean Oil Prices

KUALA LUMPUR, June 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday, tracking the rally in soybean oil futures on the Chicago Board of Trade (CBOT).

Ringgit Strengthens Against Major, Regional Currencies At The Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 29 (Bernama) -- The ringgit strengthened against major and regional currencies, supported by lower crude oil prices, which helped improve risk sentiment amid ongoing United States-Iran peace negotiations.

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures.

Ringgit Slightly Higher Vs Greenback, Supported By Low Oil Prices

KUALA LUMPUR, June 29 (Bernama) -- The ringgit was slightly higher against the US dollar on Monday as the domestic unit continues to be well-supported with lower crude oil prices. 

Ringgit To Trade Within RM4.09-RM4.11 Next Week Ahead Of Key Economic Data Releases

By Danni Haizal Danial Donald

KUALA LUMPUR, June 27 (Bernama) -- The ringgit is expected to trade within the RM4.09 to RM4.11 range next week as investors await key economic data releases.

CPO Futures To Trade With Bearish Bias Next Week On Weaker Crude Oil, Ample Stocks

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, pressured by weaker crude oil prices and ample palm oil stocks.

Rubber Market Seen Lower Next Week On Improving Supply, Lower Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 27 (Bernama) -- The Kuala Lumpur rubber market is expected to trade lower next week, weighed down by lower crude oil prices and improving supply conditions, according to industry expert Denis Low.