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HSBC forecasts Malaysian consumption growth will slow from 5.6% in 2016 to 3.7% in 2017, citing weak wages, rising unemployment and high household debt. The economist also warned that a soft ringgit could depress consumer confidence.
Slower domestic consumption reduces demand growth for meat and feed in Malaysia, a modest bearish signal for feed demand.
imoney.myEmmanuel SurendraFeb 3, 2017Not enough comparable past events yet for a historical read.
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.
