The Week Ahead: Will the ringgit and oil prices continue to do well this week?

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Apr 30, 2026Ringgit closes lower on volatile oil prices | The Star-10.8%
• Jan 27, 2020Due to oil prices on the world market, the prices of all commodities are rising – Lider Media-4.7%
• Jun 3, 2022Canadian dollar dips but posts 3rd weekly gain on soaring oil prices - The Globe and Mail+4.0%
• May 27, 2020Diesel stops 19-week slide after fleets contend with historic low oil prices | Trucking Dive+6.6%
• Jan 13, 2018Colombia peso boosted by weak dollar and rising oil prices - Colombia News-1.0%

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Jul 27, 2023Ringgit continues to trade higher against greenback | Malay Mail+0.8%
• Feb 18, 2022Ringgit opens higher against US dollar on steady commodity prices+6.4%
• Jul 25, 2026Malaysia's Ringgit Faces Triple Test as Fed, State Election, and Energy Prices Converge-7.6%
• Sep 28, 2026Rand weakens as oil prices rise and rate-hike fears support dollar+6.5%
• Sep 8, 2026Ringgit ends lower as oil prices rise, Fed decision looms | Malay Mail+10.4%

Not enough comparable past events yet for a historical read.