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The ringgit is forecast to trade between RM3.95 and RM3.97 against the US dollar in the coming week, with subdued activity expected due to a holiday-shortened period. Traders are focusing on the US nonfarm payrolls report, as US PCE inflation stood at 3.8% in April.
A firmer or weaker ringgit alters the cost of Malaysian-priced feed ingredients such as palm oil products and imported meals for buyers, though the effect on grain prices is indirect.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.