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Bank Negara's financial markets committee said Malaysian FX and bond markets continue to function efficiently despite political developments and the Covid-19 outbreak. USD/MYR one-month implied volatility stayed around 4% to 4.5%, and FX volume doubled from the previous week's average.
Orderly markets and normal volatility signal low risk of disruptive ringgit moves, so there is little direct price implication for feed commodities.
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.