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Oanda's Stephen Innes says the market expects the Barisan Nasional coalition to stay in power in the May general election. He says the main question is the size of its majority, which he links to rising political risk.
He also says the 1MDB scandal is now largely priced in.
Expectations of political continuity support a stable ringgit, which limits currency-driven swings in Malaysian commodity trade. The impact on feed markets is indirect.
international.astroawani.comIbrahim SaniApr 24, 2018Not 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.
