S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Malaysian palm oil futures pushed higher, hovering above MYR 4,740 per tonne and marking the strongest level in more than two weeks, as a softer ringgit boosted export competitiveness and firmer palm olein prices on the Dalian exchange also lent support. Export estimates reinforced the bullish tone, with cargo surveyors reporting Malaysian palm oil shipments increased between 2.6% and 14.8% in the first 10 days of August. Demand prospects in top consumer India also improved, with July edible oil imports climbing to a 10-month high as refiners stepped up palm oil and soyoil purchases ahead of the festive season. However, gains were capped by signs of abundant supply. Malaysia’s July inventories rose 3.32% month-on-month to 2.63 million tonnes, while production jumped 9.41% to 1.79 million tonnes. Meanwhile, in China, another key buyer, both consumer and producer price inflation eased in July, underscoring weak domestic demand that could limit further upside in palm oil.
