September 03, 2024 00:54 GMT
USD/MYR Firmer Bias At Asia Open
MYR
- USD/MYR is up at 4.3665/70 in Kuala Lumpur morning; versus Monday’s close of 4.3575.
- Bloomberg Asia dollar spot index little changed at the open. The BBDXY USD is drifting a little higher though, last up nearly 0.1%.
- USD/MYR one-month implied volatility is up this morning to 6.3725%, versus 6.13050% close on Monday.
- Malaysia's 10-year bond yield is little changed at 3.76% at Friday’s open
- Malaysia 5 yr USD CDS at 37bps (yesterday close 37, 5-year low 32 in 2020).
Headlines
- Malaysia appears to be taking pole position in securing investments in Asean’s chip race (Source: Maybank Investment Bank Bhd).
- Malaysia on track to bring in more than RM50b in FDI by 2030 – (Source: UOB Research)
Data Releases
- BNM Overnight Policy Rate Decision 05 September where consensus is for no change.
Government Bond Auction
- None today
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