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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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Free AccessRinggit Firms Up At Re-Open
USD/MYR trades -47 pips at MYR4.0393 after a lower re-open, slightly above early session lows. The rate is happy to hold Monday's range. A fall through Feb 16 low of MYR4.0260 would clear the way to Jan 4 low of MYR3.9957. On the flip side, a clean break above the 50-DMA at MYR4.0442 would bring Feb 10 high of MYR4.0680 into play.
- Securities Commission Malaysia & Bursa Malaysia said that they will extend the suspension on intraday short selling through August.
- Oil palm growers expressed a sense of surprise with the gov't's decision to hike cess on crude palm oil and crude palm kernel oil.
- Barisan Nasional advisory council Chair Najib told Astro Awani that anyone, including ex-PM Mahathir, can apply to rejoin UMNO but "they cannot set their own terms." His comments appeared to be a response to recent remarks by Mahathir, who said that "if UMNO held on to its earlier struggles for the people, country and religion, I can return to UMNO."
- Malaysian CPI hits the wires on Wednesday, with trade balance coming up on Friday.
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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.