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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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
Palm Oil

Palm Oil Retreats, Still Poised for Solid Weekly Gains

Malaysian palm oil futures slipped below MYR 4,200 per tonne on Friday, ending a three-session rally as a firmer ringgit and profit-taking weighed after prices hit a seven-week top in the prior session. Sentiment was further dampened by weaker palm oil contracts on the Dalian exchange and lower soyoil prices in Chicago. Still, the market remains on track for a third weekly gain, up more than 2% so far, supported by expectations of stronger demand ahead of the Lunar New Year and Ramadan in February, alongside tighter near-term supply, with January output projected to fall 15%–17% due to seasonal factors. On the demand side, cargo surveyors reported January 1–20 shipments rising 8.6%–11.4% from the prior month, reinforcing signs of improving exports. Meanwhile, longer-term supply concerns persist due to stricter oversight of forest exploitation in Indonesia, the top supplier. Looking ahead, the Malaysian Palm Oil Council expects prices to trade in the MYR 4,000–4,300 range in February.

Today Markets

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