KUALA LUMPUR (Sept 12): Malaysian shares and the ringgit may take the cue from crude oil losses and speculation the US could raise interest rates next week. US rate hike sentiment does not bode well for Asian markets in anticipation that investors will shift their money back to US dollar-denominated assets. The US Federal Reserve's Federal Open Market Committee meets this September 20 and 21. The ringgit tracks crude oil prices as the commodity forms a crucial component of the Malaysian economy. In Malaysia tomorrow, investors will also look forward to the Malaysian Palm Oil Board's (MPOB) report on August production, inventory and exports.

Source: The Edge Markets September 12, 2016 05:03 UTC