Further weakness in CNY likely to push MYR towards upper end of 4.15-4.20 range, says Commerzbank
May 06, 2019 08:18 am UTC| Commentary Economy
Further weakness in the Chinese yuan and other Asian currencies could see the Malaysian ringgit climb towards the upper end of the 4.15-4.20 range, after being back to the 4.15 level, according to the latest research...
Fed Hike aftermath Series: Hike probabilities over coming meetings
May 06, 2019 07:54 am UTC| Commentary Central Banks
FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 6th May) June...

May 06, 2019 07:16 am UTC| Commentary Economy
Indonesias growth in gross domestic product (GDP) eased during the first quarter of this year, broadly in line with expectations. While government spending growth picked up ahead of the April elections, and private...
May 06, 2019 06:44 am UTC| Commentary Central Banks Economy
The Norges Bank is not expected to adopt any changes in the policy rate at the upcoming monetary policy meeting on May 9, but may update its earlier guidance on a rate hike within six months of March this year, according...
FxWirePro: Sino-American trade spat rattles market on Monday
May 06, 2019 05:03 am UTC| Commentary Economy
Mondays trading and liquidity are usually thin but not this Monday, All the credit goes to President Donald Trump, whose weekend tweets cast serious doubts on the possibility of a trade agreement between the United...
FxWirePro: The Day Ahead- 6th May 2019
May 06, 2019 04:30 am UTC| Commentary
Sizable economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: TD Securities inflation index up 0.2 percent m/m in April. China: Caixin...
May 06, 2019 03:23 am UTC| Commentary Economy
Australian 10-government bond yield plunged to over 1-month low on the first trading day of the week Monday amid lingering reports that China is considering to cancel all trade talks with the United States scheduled for...