BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI BRIEF: Limited Economic Impact Of French Crisis - EC

MNI INTERVIEW2: Riksbank Sales Boosting Liquidity - Debt Head

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI: US OCT TRADE GAP -$73.8B VS SEP -$83.8B

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

MYR: USD/MYR Down, Bond Yields Up at Morning Open

MYR
GlobalEM BulletBulletAPACRegionEmerging Market News
  • USD/MYR is down at 4.3250 in Kuala Lumpur morning; versus yesterday's close of 4.3350.
  • USD/MYR is down for the week following last week’s close of 4.3302
  • Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index is down 0.12%.
  • USD/MYR one-month implied volatility is up this morning to 5.995%, versus 5.900% close yesterday.
  • Malaysia's 10-year bond yield is marginally higher in yield at 3.75%
  • Malaysia 5 yr USD CDS at 36bps (yesterday close 36bp, 5-year low 32 in 2020).

Headlines

  • Malaysian equities saw the highest net selling by global investors on Sept. 11 in more than one month (source: Bloomberg).
  • The outlook for demand for oil is ‘slowing sharply’ as the Chinese economy cools, pushing prices to a 3-year low,” according to a report from the International Energy Agency.
  • West Texas Intermediate was through $69.50 in early morning trade before settling at $69.30 and Brent followed a similar pattern trading up at $72.50 before settling at $72.00

 

Keep reading...Show less
200 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.
  • USD/MYR is down at 4.3250 in Kuala Lumpur morning; versus yesterday's close of 4.3350.
  • USD/MYR is down for the week following last week’s close of 4.3302
  • Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index is down 0.12%.
  • USD/MYR one-month implied volatility is up this morning to 5.995%, versus 5.900% close yesterday.
  • Malaysia's 10-year bond yield is marginally higher in yield at 3.75%
  • Malaysia 5 yr USD CDS at 36bps (yesterday close 36bp, 5-year low 32 in 2020).

Headlines

  • Malaysian equities saw the highest net selling by global investors on Sept. 11 in more than one month (source: Bloomberg).
  • The outlook for demand for oil is ‘slowing sharply’ as the Chinese economy cools, pushing prices to a 3-year low,” according to a report from the International Energy Agency.
  • West Texas Intermediate was through $69.50 in early morning trade before settling at $69.30 and Brent followed a similar pattern trading up at $72.50 before settling at $72.00

 

Keep reading...Show less