October 18, 2024 05:05 GMT
BNM: Bond Wrap.
BNM
- Exports declined -0.30%, with market expecting a 8.0% expansion.
- Imports expanded +10.90% following +26.2% expansion in August.
- The trade surplus expanded to MYR13.19bn.
- Malaysian PM Ibrahim will announce his third budget on Friday, following a good 2024 for the Southeast Asian economy. The country's economy is growing faster than expected, investors are flocking to its stock market, and companies like Microsoft and Google are pledging billion-dollar projects (source: BBG).
- Equity markets shook off the weaker than expected trade date with the FTSE Malay KLCI rising +0.35%.
3yr 3.428% (-2bp) 5yr 3.554% 10yr 3.794% 20yr 4.09% (-0.5bp)
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