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The ringgit strengthened to 4.061 against the dollar ahead of the expected signing of the US-China phase one trade deal. Analysts expected the deal to support Asean exporters and sensitive currencies.
Expectations of easing US-China trade tensions boost regional currencies and risk appetite, which can support commodity demand sentiment across Asia.
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.