LATEST WEEKLY MARKET VIEWS (27/05/2024)
(1) Crude Palm Oil Weekly
Malaysian palm oil futures fell on Monday for a second consecutive session as weakness in rival Dalian contracts and low trading volume weighed, though estimates of higher exports capped losses
MPOB data

Read More: Crude Palm Oil Weekly
(2) Metals Weekly
Gold prices have been under pressure due to diminishing expectations for interest rate cuts, with the focus this week on the upcoming PCE price index data, the Federal Reserve’s preferred measure of inflation, set to be released on Friday.
Read More: Metals Weekly
(3) Crude Oil Weekly
Oil futures finished higher on Friday, but notched losses for the week as traders noted concerns that the Federal Reserve may keep interest rates elevated for longer than previously anticipated, posing a threat to demand if that causes a sharp economic slowdown.
Read More: Crude Oil Weekly
(4) Financial Weekly
Malaysia’s KLCI ended 0.6% lower at 1619.40, erasing gains over the past three days, amid cautious sentiment following stronger than expected U.S. business activity data.
Read More: Financial Weekly
(5) Grains Weekly
CBOT July 24 Soybean increased 1.629% for the week.
Read More: Grains Weekly
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