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LATEST WEEKLY MARKET VIEWS (20/1/2025)
(1) Crude Palm Oil Weekly
Malaysian palm oil futures rose for a second session on Monday, tracking Dalian vegetable oils higher, while market participants awaited further direction from Malaysian palm oil exports data for the Jan. 1-20 period.
MPOB data
Read More: Crude Palm Oil Weekly
(2) Metals Weekly
Gold continued its corrective trend for another week, surpassing the $2,700 mark per ounce for the first time since mid-December, where an initial resistance zone has formed.
Read More: Metals Weekly
(3) Crude Oil Weekly
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.
Read More: Crude Oil Weekly
(4) Financial Weekly
KLCI snapped a four-day losing streak on the last of the week, to end 0.7% higher at 1566.72 as selloff eased in construction-related stocks; sentiment also improved as advance GDP forecast showed Malaysia’s economy expanded 4.8% annually in the final quarter of 2024, lifting full-year growth to 5.1%.
Read More: Financial Weekly
(5) Grains Weekly
CBOT March 25 Soybean increased 0.853% for the week.
Read More: Grains Weekly
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