OSK - Technical Analyzer_FKLI FCPO_20131220_RHB Retail Research
MBB
Weaker Ringgit and higher soybean oil prices today may serve support to the prices. However, the palm oil exports data today may also affect the prices. Market has generally priced in the weaker demand expectation, a slight decrease in exports may not adversely impact the prices.Our view: Upside bias with a strong support and resistance pegged at 2550 and 2600. Range trading between these 2 levels is also recommended.
FCPO Daily Commentary - FCPO201213
FBR -
8.15 pg – Comex Gold dropped a lot lastnite… close below 1,200. this morning trading at 1188-1190
9.20 pg – palm oil rallied the most in almost 2 weeks on speculation that exports from malaysia may increase after the local currency slid to the lowest level in 3 months.
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Views – 179
Commentary 201213
OSK - Technical Analyzer_FKLI FCPO_20131220_RHB Retail Research
MBB
FCPO Daily Commentary - FCPO201213
FBR -
Views – 179