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Market Daily Report: Bursa Malaysia Ends Lower On Profit-taking In Plantation Stocks

KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday. 

Gold Climbs Above US$5,170 as US Tariff Confusion Sparks Safe-Haven Rush

Quick Summary Gold rose 0.5% to US$5,174  amid US tariff uncertainty Markets expect  three Fed rate cuts in 2026 Silver and platinum also advanced Traders watching key resistance near  US$5,205–US$5,244 Safe-Haven Demand Returns Gold prices rebounded in Asian trading as investors sought safety following fresh confusion over US trade policy. Spot gold:  US$5,174.76 (+0.5%) US April futures:  US$5,192.20 (+0.3%) The move comes after the US Supreme Court struck down a batch of tariff measures introduced by President  Donald Trump , creating renewed policy uncertainty. Although Washington began collecting a temporary 10% global import tariff, officials are reportedly working to raise it to 15%, adding to market confusion. Key point: Policy uncertainty is reviving demand for defensive assets. Fed Outlook Supports Bullion Two US Federal Reserve officials signalled  no urgency to adjust interest rates . Markets now expect: Three 25-basis-point cuts this year ...

Yen Surge, Gold Above US$5,000: What It Means for Malaysian Investors

  Big Picture (Why This Matters Locally) A sharp rally in the Japanese yen, renewed  intervention risks , and  gold breaking above US$5,000/oz  signal that global markets are firmly back in  risk-management mode . While the headlines are Japan-centric, the spillovers matter directly for  Malaysia’s currency, equity flows and sector positioning . Key Global Moves to Watch Japanese yen strengthened sharply  amid speculation of joint US–Japan intervention, following rate checks linked to the  Bank of Japan Gold surged past US$5,000/oz , driven by geopolitical stress (Greenland, Iran) and bond-market volatility US dollar weakened further  ahead of the  Federal Reserve  meeting Equity futures in the US and Japan softened, reinforcing a  near-term risk-off tone Malaysia-Focused Trading Takeaways 1. Ringgit: Supportive Bias, But Not a Straight Line A softer US dollar and yen strength are  generally supportive for the ringgit Howe...