Market News & Reviews

Market Review Website Header 2

 

LATEST WEEKLY MARKET VIEWS (14/10/2019)

(1) Crude Palm Oil 

Malaysian palm oil futures ended lower on Friday after five days of gains following news that India is considering restricting imports from Malaysia. Overall, the market however is still up by 1.7% on last week.

Read More: Crude Palm Oil Weekly.

ITS, SGS and MPOB data

 

(2) Metals

Gold prices trade below the $1,500 mark after the U.S. and China reached a “phase one” trade deal late last week. U.S. suspended tariffs slated to hit imports of Chinese goods this week.

Read More: Metals Weekly

 

(3) Crude Oil

Oil prices climbed Friday to tally a weekly gain of nearly 4%, as reported progress in U.S.-China trade negotiations eased worries about energy demand, and news of an explosion on an Iranian tanker fed tensions in the Middle East, raising the potential for crude-output disruptions in the region. Prices were trading in a weekly range between $51.38 and $54.93 per barrel.

Read More: Crude Oil Weekly

 

(4) Financial Weekly

Bursa Malaysia ended the week on an upbeat mode following the Budget 2020 tabling as announcements were well received by market participants, signalling the country’s economic direction.

Read More: Financial Weekly

 

(5) Grains Weekly

CBOT November Soybean futures rose more than 2 percent last week on positive signs of progress in U.S. trade talks with top global soy buyer China.

Read More: Grains Weekly

 

Risk Disclaimer:
This advertisement is for general information only and does not constitute a recommendation, offer or solicitation to buy or sell any investment product. It does not have regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks. The risk of loss in Futures trading can be substantial and you could lose in excess of your initial funds. You may wish to seek advice from a registered representative, pursuant to a separate engagement, and to read the governing Terms and Conditions and the Risk Disclosure Statement carefully before making a decision whether or not to invest in such products.

Open an Account