103349305102452716:
fed rate cut hope diminish...all commodity retreats. fcpo long term bullish as rate cut will come sooner or later. when fed started rate hike. fcpo started drops from 7k. when fed stop adding interest.fcpo hit bottom at 3.5k. when fed shows signs of rate cuts. fcpo goes up to 4.5k. its all about rates.
Good morning mooers! Here are things you need to know about today's market: ●Stocks Rise on Nvidia Chip Announcement, FOMC Meeting in Focus ●Mixed outlook for plantations on downstream margin drag ●Weaker total industry volume seen for sector ●Stocks to watch: YTL Power -moomoo News MY Wall Street Summary On Tuesday, stocks closed higher, recovering from a morning pullback as investors reacted to Nvidia's anno...
At the beginning of February, the Malaysian plantation sector reached a new high not seen since June 2022, The$Bursa Plantation(0025I.MY)$, tracking 40 stocks within the sector, soared to a 20-month high with an impressive gain of nearly 5% earlier this year, reflecting investors' renewed confidence in the sector. Plantation Sector Catalyst: This uptick comes amidst relative stability in Malaysi...
102452716 : Any opinion who know that what is the main factor causing CPO drop more than 10% in this month?
103349305 102452716: fed rate cut hope diminish...all commodity retreats. fcpo long term bullish as rate cut will come sooner or later.
when fed started rate hike. fcpo started drops from 7k. when fed stop adding interest.fcpo hit bottom at 3.5k.
when fed shows signs of rate cuts. fcpo goes up to 4.5k. its all about rates.