MNI BRIEF: China Copper Prices Up On Trump Inauguration

MNI BRIEF: Canada Says US Tariffs Would Be Error, Set To Reply

CANADA SAYS ABSOLUTELY READY TO RESPOND TO ANY TRUMP TARIFFS

MNI: PBOC Net Injects CNY201 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Lower At 7.1703 Tue; -1.66% Y/Y

MNI China Daily Summary: Monday, January 20

MNI: UK DEC CLAIMANT CHG +700

EZ/UK T-Bill Calendar: 6-month ESM-Bill Auction on Tuesday

EZ/UK Bond Supply Calendar: FR/LT/UK Syndications Near Future

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BNM Preview-Jan 2025: On Hold Again

BNM is expected to remain on hold at tomorrow's policy meeting
Asia Bank - PreviewCentral Bank of Malaysia - PreviewAPACAnalysisEM Central Bank ReportsEM Central Bank PreviewStory

Executive Summary: 

  • Given the strength of data currently, and their BNM’s focus on external events, we expect the BNM to maintain their current neutral bias at this week’s meeting.
  • Of the 24 participants in a BBG survey, there are no forecasts for a cut in the January meeting.
  • The challenge for Malaysia (and for regional peers) will be whether the USD strength witnessed in the back end of 2024 will continue.  Whilst the BNM recognize that Ringgit performance is driven by external factors, that doesn't mean they can or will ignore it, rather how are they managing it.
  • See the full preview: BNM Preview - JAN 2025 (final) .pdf

 

107 words

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.

Executive Summary: 

  • Given the strength of data currently, and their BNM’s focus on external events, we expect the BNM to maintain their current neutral bias at this week’s meeting.
  • Of the 24 participants in a BBG survey, there are no forecasts for a cut in the January meeting.
  • The challenge for Malaysia (and for regional peers) will be whether the USD strength witnessed in the back end of 2024 will continue.  Whilst the BNM recognize that Ringgit performance is driven by external factors, that doesn't mean they can or will ignore it, rather how are they managing it.
  • See the full preview: BNM Preview - JAN 2025 (final) .pdf