-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessRinggit Prints Worst Levels Since Asian Financial Crisis After U.S. CPI
Better than forecast U.S. inflation data released Tuesday have generated tailwind for USD/MYR as onshore trading re-opened, with the pair printing best levels since the 1998 Asian financial crisis. It last deals +103 pips at MYR4.5175, with bulls targeting two back-to-back daily highs from Jan 1998 at MYR4.6100. Bears keep an eye on the Aug 26 low/50-DMA at MYR4.4663/46.
- The ringgit hitting multi-year lows versus the greenback is not a sign of Malaysia experiencing an economic crisis, FinMin Zafrul said in a video message, reiterating that MYR performance should be assessed against a range of currencies.
- Palm oil futures eased off in after-hour trade amid broader weakness in the commodity complex inspired by the risk-off reaction to hawkish Fed repricing in response to U.S. inflation report. This suggested that bullish sentiment from Tuesday's Kuala Lumpur session petered out after the most active contract jumped the most since Jul.
- As the tabling of Budget 2023 is drawing nearer, the largest group of Malaysian palm growers has called for a review of the windfall profit levy and other measures to increase the competitiveness of the domestic palm oil industry. Their "wish list" comes amid intensified competition with top palm oil producer Indonesia, with both nations seeking to boost exports.
- Bursa Malaysia Chair Omar and BNM Dep Gov Fraziali Ismail will speak at a conference in Kuala Lumpur today.
- Reminder that Malaysia will observe a public holiday/market closure this Friday.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.