Market News & Reviews

Market Review Website Header 2

 

LATEST WEEKLY MARKET VIEWS (06/07/2020)

(1) Crude Palm Oil 

Malaysian palm oil futures jumped more than 1% on Monday, underpinned by forecasts of lower June stockpilesand rival soybean oil prices advanced to a four-month high.

Read More: Crude Palm Oil Weekly.

ITS, SGS and MPOB data

 

(2) Metals

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic data.

Read More: Metals Weekly

 

(3) Crude Oil

Oil futures rose for a second session on Thursday to mark their highest finish since March, buoyed by better-than-expected U.S. job growth in June, after data a day earlier showed the biggest weekly domestic crude supply decline since 2019.Prices were trading in weekly range between $37.50 and $40.74 per barrel.

Read More: Crude Oil Weekly

 

(4) Financial Weekly

The FBM KLCI edged higher 4.33% along global indices this week as global economic slowly recover from lockdowns while glove counters lead the way in gains.

Read More: Financial Weekly

 

(5) Grains Weekly

CBOT Nov Soybean futures rose 4.1 percent for the week on U.S. weather worries and export sales to 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