Loading…
Analysts at Oanda expect the ringgit to trade near RM4.25 per US dollar by year-end, supported by stronger bond and equity yields and inflows after tepid US inflation data. They said North Korea is the main geopolitical risk to the currency.
A stronger ringgit forecast lowers Malaysian import costs for feed and palm-based inputs, but the effect on global feed prices is small.
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.