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Bank Negara Malaysia reported non-resident inflows of RM12.1 billion into Malaysian financial markets in May, lifting the ringgit 1.7 percent against the dollar. Foreign inflows also reached RM9 billion into government bonds, pushing yields lower.
Strong foreign inflows that strengthen the ringgit can lower the ringgit cost of Malaysian palm oil and make ringgit-denominated exports cheaper for dollar buyers. The impact on feed markets is limited.
themalaysianreserve.comHaniJun 30, 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.
