MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Malaysia Rules Out Cooking Oil Export Curbs, Inflation Data On Tap

MYR

Spot USD/MYR has shed 90 pips this morning following the overnight decline in U.S. Tsy yields. From a technical point of view, bears need a fall through May 12 low of MYR4.3730 before targeting May 5 low of MYR4.3337. On the flip side, bulls need a rally above May 19 high of MYR4.4085 to regain poise.

  • The government will not implement restrictions on cooking oil exports amid ample domestic supplies, Plantation Industries and Commodities Minister Zuraida Kamaruddin told Bloomberg on Tuesday. She noted that Malaysia is looking to fill the gap in the edible oil markets caused by Russia's invasion of Ukraine and Indonesia's export curbs.
  • Malaysia's consumer prices are expected to have grown 2.3% Y/Y in April after a 2.2% increase recorded in March. The data will be out within a few hours.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.