Bank Negara Malaysia (BNM) will announce its next monetary policy decision on 7 May. It is expected to keep the overnight policy rate (OPR) unchanged at 3.25%. The rate was last raised in July 2014. The central bank remo…
Bank Negara Malaysia (BNM) will announce its next monetary policy decision on 7 May. It is expected to keep the overnight policy rate (OPR) unchanged at 3.25%. The rate was last raised in July 2014.
The central bank removed the word "appropriate" from its monetary policy statement released on 15 March, replacing it with "supportive" to describe its monetary policy stance. It also appeared to be comfortable with its current growth and inflation outlook at the annual briefing on 11 March.
Analysts believe it has taken a wait-and-see approach, but that it is more focused on growth. Inflation is expected to have picked up in April on GST implementation, but to take a backseat to the growth outlook.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
