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LATEST WEEKLY MARKET VIEWS (18/11/2024)
(1) Crude Palm Oil Weekly
Malaysian palm oil futures fell more than 3% on Monday, weighed down by weakness in the Dalian palm olein.
MPOB data
Read More: Crude Palm Oil Weekly
(2) Metals Weekly
Gold prices experienced their worst week since 2021, with a significant drop on Friday. The decline followed the Federal Reserve’s indication that there is no immediate need for rate cuts, which boosted Treasury yields and strengthened the dollar.
Read More: Metals Weekly
(3) Crude Oil Weekly
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the world’s largest crude importer — prompting prices to post a loss for the week.
Read More: Crude Oil Weekly
(4) Financial Weekly
Bursa Malaysia Derivatives Exchange (BMD) is planning to launch its new used cooking oil (UCO) futures contract as early as December, the director of the Malaysian bourse said on Wednesday.
Read More: Financial Weekly
(5) Grains Weekly
CBOT January 25 Soybean dropped 3.082% for the week.
Read More: Grains Weekly
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