CPO futures likely to experience cautious trading


KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to experience cautious trading this week as market participants zero in on the United States Federal Reserve’s interest rate decision on Wednesday, according to an analyst.

Fastmarkets senior analyst Dr Sathia Varqa said the potential decision to increase the interest rate would have implications on emerging market currencies including the ringgit.

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