Malaysian palm oil market factors to watch Tuesday Feb 19

The following factors are in all likelihood to impact Malaysian palm oil futures and different vegetable oil markets on Tuesday Feb 19.

FUNDAMENTALS

* Malaysian palm oil futures edged greater during Monday trade, charting a 2nd session of gains in three days, bolstered by means of strength in associated fit for human consumption oils and expected weaker output.

* U.S. wheat futures fell to multimonth lows on Friday, no matter vast energy in commodity and equity markets as grain merchants monitored bearish technical alerts as properly as falling fees in the global cash wheat market.

* U.S. oil costs hit a three-month high on Tuesday, buoyed through production cuts led via the Organization of the Petroleum Exporting Countries.

MARKET NEWS

Australian wheat manufacturing falls to 11-year low as drought bites

U.S. tariffs on EU vehicles ought to imply EU buying much less U.S. soya beans and gas - Juncker

Brazil's JBS faucets Argentine corn over highly-priced home crop

Chinese frozen food firm recollects merchandise suspected of African swine fever contamination

UK's Gove: Govt will use tariffs, quotas to protect farmers after Brexit


DATA/EVENTS

Cargo surveyor AmSpec releases Malaysia's Feb 1-20 palm oil export data on Feb 20.

Cargo surveyor SGS releases Malaysia's Feb 1-20 palm oil export data on Feb 20.

Cargo surveyor ITS releases Malaysia's Feb 1-20 palm oil export records on Feb 20. - Reuters

We provides most traded commodities recommendation with high profitable commodity trading signals, Comex Premium Tips, gold trading tips, silver trading tips, crude oil, palm oil trading tips, Daily Basis. 
For More Information Join us on Whatsapp - +917312580712

Oil fee fumbles on world monetary worries, US$ strength

Oil expenses slipped on Tuesday, falling from two-month highs as concerns over a international monetary slowdown crept back into the market, and a more advantageous greenback additionally weighed.

Prices sagged after a survey confirmed euro sector business enlargement nearly stalled in January. That, coupled with disappointing U.S. factory orders records a day earlier, stoked concerns about softer demand, analysts said.

Brent crude futures fell fifty three cents to settle at $61.98 a barrel. They touched their highest level in more than two months at $63.63 the preceding day. U.S. Crude Oil futures dropped 90 cents to settle at $53.66 a barrel, or down 1.7 percent.

Futures held lower after the close, when the American Petroleum Institute stated U.S. crude shares rose by means of 2.5 million barrels remaining week, greater than analyst expectations.

Oil also felt stress from a strengthening dollar, which rallied for a fourth straight session, which makes crude greater steeply-priced for non-U.S. Buyers.

"It truely regarded to be a dollar influence right here today," stated John Kilduff, a associate at Again Capital Management. "It was fascinating that we didn't trap a bid alongside with the inventory market due to the fact that had been the correlation."

Investors had been shifting assets into equities and away from markets greater sensitive to Washington-Beijing alternate relations and actions in the dollar, said Phillip Streible, senior commodities strategist at RJO Futures.

"Oil is just no longer in favour today, and they are going after the fairness markets," he said. Wall Street was once slightly greater on Tuesday.

U.S. sanctions on Venezuela have been considered as supportive of expenses by means of helping tighten international supplies. Numerous tankers are presently in the water off the Venezuelan coast, unable to pass due to the fact state-owned PDVSA is stressful payment, which would run afoul of U.S. Sanctions.

The Organization of the Petroleum Exporting Countries and its allies, including Russia, agreed to manufacturing cuts nice from remaining month to beat returned furnish growth. A Reuters survey determined that furnish from OPEC states had fallen the most in two years.

Concerns about the pace of world monetary growth had been fanned by a weak begin for the yr for euro sector businesses. A Tuesday survey confirmed demand declined for the first in over 4 years.

New orders for U.S.-made goods fell in November, according to facts launched a day earlier. 

Epic Research Malaysia, a leading financial advisory in Malaysia, we provide commodity trading recommendations , Comex trading signals to make commodities trading more efficient. Traders may choose among hedging, futures contract and others ways to trade in gold, silver, copper, oil etc to earn profit.

World’s largest billionaire winners, losers of 2018

The markets may additionally be tanking, however that hasn’t stopped plenty of mega-fortunes from being unearthed in 2018. Thirteen billionaires on the ranking died this year, which includes Microsoft Corp.’s Paul Allen, Hong Kong actual estate developer Walter Kwok and Vichai Srivaddhanaprabha, owner of Premier League soccer club Leicester City.

The recognition of Fortnite, the phenomenon that pressured some into video-game rehab, gave gamemaker Tim Sweeney a $7.2 billion fortune this year.

 Autry Stephens has $11.4 billion after his intently held Endeavour Energy Resources LP attracted bids that valued the oil business enterprise at as plenty as $15 billion.

 “It used to be a proper year for wealth creation,“ said Michael Zeuner, managing associate of WE Family Offices. “It was a hard 12 months in economic markets, but for human beings who are creating wealth via companies, the economy itself is very strong.“

Sweeney and Stephens had been simply two of the 31 individuals who vaulted onto the Bloomberg Billionaires Index in 2018, even as increasing international exchange tensions and a downdraft in the markets noticed half of a trillion dollars of wealth on the ranking wiped out. 

Denise Coates, the British founder and chief executive officer of on-line bookmaker Bet365 Group Ltd., is every other addition. Coates is nearly 10 instances richer than Queen Elizabeth II, according to the ranking.While Coates had a exact year, market turmoil pushed many wealthy human beings into the red. The world’s 500 richest human beings misplaced $451 billion this year. That’s a sharp reversal from 2017 when they delivered $1 trillion to their fortunes. 

Here are the billionaires who gained and lost in 2018.
Winners:

Singaporean billionaires fared the first-rate in dollar terms, gaining $2.5 billion. That pushed the wealth of the country’s richest to a collective internet really worth of $38 billion.

Jeff Bezos, Amazon.com Inc. founder and the richest man in the world, was 2018’s largest gainer for the 2nd year running. His internet worth grew about $24 billion to $123 billion. But even he used to be a loser in the 2d half of of the yr as stock markets were routed. From a September peak, Bezos has since considered his fortune drop $45 billion. Despite Chinese billionaires’ whole loss of nearly $76 billion this year, some of the country’s richest nonetheless came out ahead, consisting of Lei Jun, founder of Chinese smartphone maker Xiaomi Corp. Jun trailed only Bezos amongst the largest gainers of 2018, including $8.6 billion to his fortune. 

Losers:

American billionaires noticed the biggest loss this year, together dropping $76 billion, generally because of December’s market rout. 

Mark Zuckerberg noticed the sharpest drop in 2018 as Facebook Inc. veered from crisis to crisis. His net worth fell almost $20 billion, leaving the 34-year-old with a $53 billion fortune. 

China’s Wang Jianlin, Jack Ma and Ma Huateng made up three of the 10 largest losers this year. Fifty human beings dropped off the index, which include eleven from China or Hong Kong, nine from the U.S. and 4 from Russia. 

Among those who fell off the list were Andrej Babis, the top minister of the Czech Republic whose fortune is derived from his chemical and agricultural organisation Agrofert, and Russian rich person Oleg Deripaska, whose net well worth plunged to a document low as stock of Rusal fell on problem that the aluminum massive should halt some manufacturing due to the fact of U.S. sanctions.

                         And thirteen billionaires on the ranking died this year, which includes Microsoft Corp.’s Paul Allen, Hong Kong actual estate developer Walter Kwok and Vichai Srivaddhanaprabha, owner of Premier League soccer club Leicester City. 

Here you can find the KLSE Stock Recommendations with a good level of accuracy if you are involved in stock trading malaysia. Epic Research is well known in Malaysia for providing positional stock signals in KLSE, which is presently known as Bursa Malaysia Stocks Exchange. 

Are you looking Today’s klse stock signal & technical report?

                           Today’s KLSE Stock Signal

Malaysia Stock Market News

• The FBM KLCI index gained 9.89 points or 0.59% on Thursday. The Finance Index increased 0.10% to 17419.67 points, the Properties Index up 0.93% to 924.95 points and the Plantation Index rose 0.58% to 7192.42 points. The market traded within a range of 9.88 points between an intra-day high of 1684.24 and a low of 1674.36 during the session.
• Actively traded stocks include SAPNRG, NEXGRAM, ARMADA, MYEG, VS, MALAKOF, DESTINI, PRESBHD, GBGAQRS and SEACERA. Trading volume increased to 2404.11 mil shares worth RM2037.91 mil as compared to Wednesday’s 2309.55 mil shares worth RM1870.69 mil./p>
• Leading Movers were GENTING (+40 sen to RM6.82), HARTA (+27 sen to RM5.25), DIALOG (+14 sen to RM3.04), GENM (+9 sen to RM3.37) and PETCHEM (+12 sen to RM8.40). Lagging Movers were AMMB (-3 sen to RM4.53), MISC (-3 sen to RM6.60), MAHB (-3 sen to RM8.05), MAYBANK (- 1 sen to RM9.41) and PBBANK (-2 sen to RM24.68). Market breadth was positive with 447 gainers as compared to 331 losers.
• The KLCI closed slightly higher at 1682.97 points amid overnight gains in US market. The performance of our local bourse was lifted up by buying interest in heavy weight counters such as Genting, Hartalega and Dialog.

Find the KLSE Stock Recommendations with a good level of accuracy if you are involved in Bursa malaysia Stocks. Epic Research is well known in Malaysia for providing Daily KLSE stock market tips, which is presently known as Bursa Malaysia Stock Exchange.Click on the link & get the value investing report PDF. Register for free trial signals & get daily market update. For More Info Visit our website or Whatsapp us at +917312580605.

Today’s Top 5 Losers in KLSE stock signal & technical report malaysia

                          Today’s KLSE Stock Signal

Malaysia Stock Market News

• The FBM KLCI index lost 4.93 points or 0.29% on Wednesday. The Finance Index increased 0.14% to 17369.76 points, the Properties Index up 0.63% to 880.18 points and the Plantation Index rose 0.32% to 6966 points. The market traded within a range of 16.25 points between an intra-day high of 1684.08 and a low of 1667.83 during the session.
• Actively traded stocks include TATGIAP-PA, MYEG, HUAAN, SAPNRG, ARMADA, HUBLINE, DSONIC, DESTINI, HSI-C5B and BJCORP. Trading volume increased to 3019.19 mil shares worth RM2516.05 mil as compared to Tuesday’s 2311.63 mil shares worth RM2032.06 mil.
• Leading Movers were MAHB (+22 sen to RM8.16), SIMEPLT (+11 sen to RM5.03), GENM (+7 sen to RM3.26), GENTING (+10 sen to RM6.41) and AMMB (+6 sen to RM4.48). Lagging Movers were PETCHEM (-44 sen to RM8.55), TOPGLOV (-18 sen to RM4.80), MAXIS (-18 sen to RM5.46), HARTA (-15 sen to RM5.00) and MISC (-18 sen to RM6.23). Market breadth was positive with 678 gainers as compared to 258 losers.
• The KLCI closed slightly lower at 1667.83 points despite overnight gains in US market. The performance of our local bourse bogged down by selling interest in heavy weight counters led by Petronas Chemical Group.

For More information and daily updated KLSE stock picks, Daily KLSE Stock Signals, TOP 5 Gainers, TOP 5 Losers, Malaysia Stock Market Picks, Dividend Stock, FCPO Signals, FKLI Signal Visit Our Website or Whatsapp us at +917312580605