MNI BRIEF: Fed's Barr Aims For Broad Consensus On Capital Plan

FED'S BARR: WE THINK FAIRLY SOON WE CAN ADJUST PACE OF QT

FED BARR: EXPECT BROAD, MATERIAL CHANGES TO BASEL III PROPOSAL

MNI EM China Daily Summary: Friday, March 22

MNI China Press Digest Mar 22: Autos, Local Gov, Real-Estate

MNI: PBOC Drains Net CNY11 Bln Via OMO Fri; Rates Unchanged

Bond Supply Calendar: Long BoE APF Sales on Monday

MNI: BAKER HUGHES US RIG COUNT 624; OIL RIGS 509; GAS RIGS 112

EZ/UK T-Bill Calendar: Germany, France Auction Monday

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Ringgit Inches Higher, Trade Data On Tap

MYR

Spot USD/MYR ticked lower in early trade, only to trim losses thereafter. It last operates -15 pips at MYR4.4475, with bears looking for a retreat towards the 50-DMA, which intersects at MYR4.4055. Bulls need a clearance of yesterday's high of MYR4.4585 before targeting the 2017 high of MYR4.5002.

  • FinMin Zafrul told lawmakers that the risk of Malaysia going bankrupt is "extremely slim," citing IMF data to back his claims. Malaysia's 5-year CDS premium last sits at 104bp, near recent two-year highs of 110bp.
  • Malaysia's international merchandise report will be published later today, with trade surplus expected to have reached MYR17.05bn in June after MYR12.62bn recorded in May.
  • The data may shed some light on Malaysian palm oil exports amid Kuala Lumpur's fierce competition for market share with Indonesia, after Jakarta resumed shipments of the edible oil.
BulletEM BulletEmerging Markets NewsHomepage
BulletEM BulletEmerging Markets NewsHomepage

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.