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The Week Ahead - Jobless rate, inflation data, monetary policy, China data,
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Suez Canal reopening eases worries on Asian chemical shipment delays | Hellenic Shipping News Worldwide
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The Week Ahead: Attention centred on February inflation rate
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Monthly rubber statistics
The data will give an indication on production of natural rubber including rubber gloves exports.
In December 2020, the production of natural rubber increased 17.1% to 49,825 tonnes as compared to 42,554 tonnes in the previous month. On the contrary, year-on-year showed a decrease of 14.7%.
Exports of natural rubber amounted to 61,547 tonnes in December 2020.
Rubber gloves, the main export item, increased 3.6% to RM4.6bil in December 2020. The United States, China and Germany were among the highest importers of rubber gloves.
US FOMC meeting
The Federal Open Markets Committee (FOMC) meeting is scheduled for March 16-17. The central bank is expected to keep its supportive monetary policies intact over the next two years.
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