Every BriefAsia story tagged Federal Reserve, newest first.
Domestic bullion prices climbed in afternoon trading on Wednesday, defying a global sell-off driven by Middle East tensions and Federal Reserve policy expectations.
Currency watchers predict narrow trading band while monetary policy signals, domestic politics, and volatile crude markets create uncertainty for the coming week
Kuala Lumpur's benchmark index fell in early trading Friday, pressured by rising crude prices and weakness in US technology stocks that dampened regional risk appetite.
West Asian tensions drove crude prices past $98, fueling speculation the Federal Reserve may tighten again in September and strengthening the dollar against regional currencies.
The ringgit slipped modestly in morning trade as markets priced in higher odds of a September US rate hike, though energy export dynamics cushion downside risk
Currency traders brace for tighter US monetary policy while Middle East tensions add pressure to regional foreign exchange markets
Domestic bullion fell 2.74% Thursday while global prices held steady near recent highs, caught between Middle East tensions and expectations of prolonged higher rates
Local prices rose above international benchmarks while spot gold reached a two-week peak on technical buying and geopolitical risk
Malaysia's currency weakened alongside regional peers as investors awaited Federal Reserve minutes and fresh US economic data
The ringgit strengthened against the dollar after Federal Reserve Chairman Kevin Warsh declined to signal future policy moves, leaving markets watching U.S. jobs data
