Malaysian Palm Oil Futures Gain 0.52% for Third Weekly Rise
The benchmark January palm oil contract rose 25 ringgit, or 0.52%, to 4,817 ringgit, posting a third straight weekly gain.
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The benchmark January palm oil contract rose 25 ringgit, or 0.52%, to 4,817 ringgit, posting a third straight weekly gain.
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem