The EUR/USD pair trades in positive territory around 1.1490 during the early European session on Friday, bolstered by a weaker US Dollar (USD). However, the potential upside of the major pair might be limited amid a hawkish interest rate hike by the Federal Reserve (Fed). Traders will take more cues from Fed Governor Michelle Bowman’s speech later on Friday. The […]
Malaysia’s exports surged 45.5% year-on-year to MYR 191.1 billion in August 2026, accelerating from a 38% growth in both July and market expectations. Growth was mainly boosted by higher shipments of manufactured goods, which climbed 50.4% and accounted for 89.5% of total exports, particularly in electrical and electronic products (66.5%). Exports of mining products also […]
Malaysian palm oil futures hovered below MYR 4,910 per tonne, reversing recent gains as weakness in rival edible oils on Dalian and Chicago markets weighed on sentiment. Prices also pulled back from a 21-month high on profit-taking, while sluggish exports added pressure, with cargo surveyors estimating September 1–15 palm oil shipments fell between 17.8% and […]
US technology stocks staged a powerful rebound Thursday despite the Federal Reserve delivering its first interest-rate increase since 2023, with the Nasdaq Composite jumping 1.7%, the S&P 500 rising 1.1% and the Dow Jones Industrial Average gaining 0.6%. At first glance, the move appears counterintuitive. The Federal Reserve raised its benchmark interest rate by 25 […]
The oil market entered the week with traders expecting a potentially sharp increase in crude prices after a major escalation in Middle Eastern supply risks. Attacks by the Houthis, an Iranian-backed group, targeted more than 70 sites in Saudi Arabia, including the strategically important East-West pipeline, which allows Saudi crude to bypass the Strait of […]
The Japanese yen weakened toward 157 per dollar on Friday, falling to a two-week low despite the Bank of Japan raising its policy rate by 25 basis points to 1.25%. The increase was widely expected and lifted the BOJ policy rate to its highest level since 1995, but investors are now looking beyond the rate […]
US heating oil prices eased to around $5.05 per gallon, retreating from a record high of $5.26 reached earlier this week as rising distillate inventories and potential alternative routes for Middle Eastern crude offered some relief to an exceptionally tight market. The pullback remains limited, however, with US distillate inventories still 13% below their five-year […]
Japan’s 10-year government bond yield slipped to around 2.95% on Friday, extending its decline into a third session after the Bank of Japan raised its policy rate by 25 basis points to 1.25% in a widely expected move, the highest level since 1995. Investors will now watch for signals on further tightening as policymakers navigate […]
Australia’s 10-year government bond yield fell below 5.3%, pulling back from mid-2011 highs and tracking lower global yields as easing concerns over Middle East supply disruptions reduced inflation pressures. Oil prices retreated after Saudi Arabia worked to restore flows through its East-West pipeline, while President Trump is set to meet Gulf leaders next week. In […]
US natural gas futures fell more than 1% on Friday to around $2.85/MMBtu, reversing the previous session’s gains as cooler weather forecasts reduced expectations for late-September cooling demand. The latest forecasts show above-average temperatures covering a smaller portion of the South and Southeast from September 22 through October 1, potentially reducing natural gas demand from […]