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LATEST WEEKLY MARKET VIEWS (3/8/2020)

(1) Crude Palm Oil 

Malaysian palm oil futures rose 3 per cent on Monday, tracking sharp gains in Dalian palm oil and rival soy oil, with higher July exports also supporting prices.

 

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Read More: Crude Palm Oil Weekly.

ITS, SGS and MPOB data

 

(2) Metals

Gold price surged to all time high as fears about the economic fallout from rising Covid 19 cases boosted demand for the safe haven metal, although gains were capped by an uptick in the US dollar.

Read More: Metals Weekly

 

(3) Crude Oil

Oil futures ended higher Friday, logging a monthly gain, as investors weighed an uncertain demand outlook and an expected rise in supplies as major producers relax output curbs. Prices were trading in weekly range between $38.72 and $41.93 per barrel.

Read More: Crude Oil Weekly

 

(4) Financial Weekly

The FBM KLCI had ended the three-day winning streak in which it had advanced almost 25 points or 1.4 percentdue to profit-taking activities ahead of the long Hari Raya Aidiladha holiday.

Read More: Financial Weekly

 

(5) Grains Weekly

CBOT Nov Soybean futures dropped 0.75 percent for the week.

Read More: Grains Weekly

 

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