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The ringgit opened higher against the US dollar after Malaysia reported 5.3% GDP growth for the third quarter, following 6% growth in the previous quarter. The ringgit traded at 4.0790/4.0855 per dollar.
Analysts said the data could support expectations of monetary policy normalisation.
Stronger growth and possible rate normalisation support the ringgit, lowering the local-currency cost of dollar-priced feed imports. Stronger US tech stock valuations could still boost the dollar.
cwtvproductions.comGreg KuvalisNov 3, 2026
thewgb.comDomingo MooreNov 1, 2026After 86 past neutral macro events, Palm Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +2.0%), and +1.0% over 20.
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.
