Loading…
An analysis piece argues the ringgit faces pressure from Malaysia's budget deficit, rising unemployment at 3.9%, and escalating US-China tensions. Trump announced retaliation measures against China after the Hong Kong dispute.
The piece calls for Malaysia to attract investment as a trade diversion destination.
Escalating US-China tensions raise risk aversion and could weigh on regional currencies and commodity demand, a mild negative for palm oil and feed ingredient prices.
themalaysianreserve.comDayang NorazharMay 31, 2020Not 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.
