The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
11 basis points higher for your aussie 10year and we are ever so closer to hitting 5 for the u. S. Dollar yield. You are seeing a lot of the pain, the malaysian ring in the lowest since 1998. The south korean won, despite the bank saying they have to stay restrictive for some time. We are watching thailand and watching india, too. Rishaad absolutely. Having a look at what is going on in bangkok. That market just opening and having a look at what is actually happening. The index falling about. 9 at the start of the session. Looking at also the rupee in particular. Just off the day before yesterdays record low, so edging toward that as the dollar is marginally stronger. An fte futures indicating what is going on in the region and reflecting that. Not Much Movement for the but the bhat. Yvonne weaker home prices out of china. The middle east conflict weighing on markets this morning. President biden signaled his backing for israel as a vows to crush hamas, and during that 7. 5hour trip to
Palm oil imports increased due to lower duty, says SEA : Rashtra News Due to relaxation in policy for import of RBD Palmolein, import of refined palm oil in to India increased substantially in August 2021 and reported at 187,471 tons and likely to continue similar volume in coming months, informed Solvent Extractors' Association (SEA)