Futures Market News & Reviews

Market Review Website Header 2

 

LATEST WEEKLY MARKET VIEWS (25/10/2021)

(1) Crude Palm Oil 

Malaysian palm oil futures ended higher on Monday as the rainy season disrupted production of the versatile commodity, with gains in rival oils also supporting the market.

ITS, SGS and MPOB data

Read More: Crude Palm Oil Weekly.

(2) Metals

Gold ended with a second straight week of gains but not before a rollercoaster ride on Friday that took them to the euphoria of $1,800 levels, then a plunge and finally a positive close.

Read More: Metals Weekly

(3) Crude Oil

Oil futures climbed on Friday, with U.S. prices tallying a record streak of weekly gains, up nine weeks in a row, on the back of easing travel restrictions, a slow recovery in U.S. crude production and expectations for higher energy demand for the holidays. Prices were trading in a weekly range between $79.42 and $82.66 per barrel.

Read More: Crude Oil Weekly

(4) Financial Weekly

The FBM KLCI closed lower on last Friday on profit taking after rising in recent days ahead of Malaysia’s Budget 2022 announcement on Oct 29, 2021.

Read More: Financial Weekly

(5) Grains Weekly

CBOT Nov21 Soybean rose 0.37 percent for the week.

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.