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Policy
Policy
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Global Macro
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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.
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Spot USD/MYR has oscillated within a narrow range, last trades flat at MYR4.1888. Bulls look to a move through Jan 19 high of MYR4.1960 before setting their sights on Jan 7 high of MYR4.2175. Bears eye Jan 21 low of MYR4.1820 for initial support and a break here would expose the 200-DMA/Jan 13 low at MYR4.1725/4.1720.
- Malaysia's ex-PM Muhyiddin said that Perikatan Nasional (PN) is ready for the upcoming Johor state election after the dissolution of state assembly. Muhyiddin noted that the decision to call a snap poll was not consulted with the Johor chapter of PN, even as it was part of the ruling coalition, together with UMNO-led Barisan Nasional.
- The only point of note on the local docket during the remainder of this week is monthly trade report, due to hit the wires 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.