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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.
MYR
Malaysian industrial output rose 1.2% Y/Y in Jan, faster than expected (1.0%) but slower than in Dec (1.7%), as growth in the m'fing sub-index outweighed losses in the mining & electricity sub-indices.
- M'fing sales value increased 4.1% Y/Y in Jan after rising 4.5% in Dec, with the expansion driven by food, beverages & tobacco products, electrical & electronic products as well as transport equipment & other m'fing products.
- Wholesales & retail trade fell 2.7% Y/Y in Jan, weighed on by a 13.8% slump in motor vehicles.
- Spot USD/MYR last sits +80 pips at MYR4.1145, off its earlier session high of MYR4.1190.
Fig. 1: Malaysia Industrial Output Y/Y (%
Source: MNI - Market News/Bloomberg
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.
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