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The Borneo Post reviews Malaysia's 2017 economic performance, which strengthened despite low commodity prices, a weak currency and protectionist risks. It notes three Fed rate hikes this year and a Bank of England rate increase in November.
Strong Malaysian growth and Fed tightening shape regional currency and commodity demand, a background factor for palm oil and feed import demand.
theborneopost.comDec 27, 2017Not enough comparable past events yet for a historical read.
After 86 past neutral macro events, Palm Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +2.0%), and +1.0% over 20.
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.
