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Bank Negara Malaysia is expected to leave its overnight policy rate unchanged at its November 5 meeting, following the US Federal Reserve's third 25-basis-point cut in 2019. Research houses expect a wait-and-see approach, with a lower chance of a further Fed cut in December.
Kenanga also flagged concern about Malaysia's growth outlook.
Stable domestic rates and a steady ringgit have little direct price effect on feed grains, though weaker growth could reduce livestock and poultry feed demand over time.
malaymail.comOct 31, 2019Not 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.
