Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
German Bund Yields Hit Three-Week Low as Energy Prices Ease and ECB Outlook Softens 
Bank Negara Malaysia (BNM) is expected to maintain the policy rate at 3 percent throughout this year, peering through the inflation ascent. At the same time, the still fragile balance of payments position limits the scope for rate cuts to bolster growth, ANZ Research reported.
On-year inflation climbed higher in February, owing to a 31 percent y/y average increase in domestic fuel prices and the attendant knock-on impact on transport costs. Transport costs rose 17.9 percent y/y in February, from January’s 8.3 percent.
While headline inflation is expected to spike, the magnitude of increase was larger than market expectations. During the month, core inflation, which excludes volatile items of fresh food and goods and services whose prices are administered, also firmed up to 2.5 percent y/y, from 1.8 percent y/y previously.
However, growth dynamics hardly point to the emergence of strong demand-pull inflationary pressures.
