Safe Haven Rally
After the sharp rally in gold futures that followed the onset of the Middle Eastern conflict, gold seems to be losing some of its safe haven appeal.
If the war stays isolated, then we might not see the safe haven investors piling in like we saw at the beginning of October.
In the chart below, you can see the safe haven rally that followed the start of the conflict and the subsequent selling. I highlighted a few local areas o...

Good morning mooers! Here are things you need to know about today's market:
●US stocks were higher as Fed held rates
●Bursa Malaysia set for higher volume in 2024
●Banks' asset quality improves in September
●Stocks to watch: YTL Power, Carlsberg, Capital A, Malakoff
-moomoo News MY
Wall Street Summary
US stocks were higher Wednesday after the FOMC reported no targeted changes in the interest rates, reacting to high yields and unchanged e...

On 13th October 2023, the Malaysian government announced the Federal Budget for 2024. This marks the second fiscal budget released by the Unity Government and holds significant importance for both Malaysians and economic practitioners. The budget serves as an economic compass for Malaysia. The total allocation for this budget is RM393.8 billion, which demonstrates the government's commitment to fiscal reform. Based on budget trends since 2016, th...