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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 Garners Strength, Court Delivers Judgement On Najib's Appeal
Spot USD/MYR drops in early trade in reaction to overnight market moves driven by growing prospects for more policy easing out of China and easing Omicron worry.
- The pair last sits -155 pips at MYR4.2168, with bears eyeing Dec 1 low of MYR4.2000 for initial support. Bulls need a break above Dec 3 high of MYR4.2372 before taking aim at Nov 26 cycle high of MYR4.2490.
- Malaysia tightened border controls in response to the spread of Omicron variant. Health Min Khairy announced that travellers from the U.S., UK, Australia, France & Norway will have to self-isolate for 7 or 10 days and wear a digital tracker after arrival.
- The Court of Appeal unanimously ruled that former Premier Najib received a fair trial and has conflict of interest in ex-1MD unit case, adding that his actions were a "national embarrassment." The Court is still reading the judgement as we type.
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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.