• USD/MYR is down at 4.3675 in Kuala Lumpur morning; versus Wednesday’s close of 4.3780.
  • Ringgit is stuck mid-range between to 50-day EMA at 4.3346 and the 100-day EMA at 4.4183 looking for its next catalyst to move.    
  • Bloomberg Asia dollar spot index is up by 0.06% at the open and the Bloomberg Dollar spot index is 0.03% higher.
  • USD/MYR one-month implied volatility is up this morning to 7.6725%, versus 7.51% Wednesday’s close.
  • Malaysia's 10-year bond yield is at 3.885%
  • Malaysia 5 yr USD CDS at 39bps (yesterday close 38bp, 5-year low 32bp in 2020).
  •  

Headlines

  • Malaysia Oct. Palm Oil Exports +11.45% M/m (source:      BBG)
  • Malaysia's Official Reserve Assets Total $119.7 Billion as at End-September (Source:  BNM)
  • S&P Global Indonesia Oct. Manufacturing PMI Unchanged at 49.2 (source:  BBG)

Data Releases

  • 06 NOV  -   BNM Overnight Policy Rate (market expectations no change).

Government Bond Auction

  • None

MYR: USD/MYR – Ringgit Stronger as Dollar Loses Ground Ahead of Friday’s Data.    

Last updated at:Nov-01 00:45By: Jamie Grant
Malaysia
  • USD/MYR is down at 4.3675 in Kuala Lumpur morning; versus Wednesday’s close of 4.3780.
  • Ringgit is stuck mid-range between to 50-day EMA at 4.3346 and the 100-day EMA at 4.4183 looking for its next catalyst to move.    
  • Bloomberg Asia dollar spot index is up by 0.06% at the open and the Bloomberg Dollar spot index is 0.03% higher.
  • USD/MYR one-month implied volatility is up this morning to 7.6725%, versus 7.51% Wednesday’s close.
  • Malaysia's 10-year bond yield is at 3.885%
  • Malaysia 5 yr USD CDS at 39bps (yesterday close 38bp, 5-year low 32bp in 2020).
  •  

Headlines

  • Malaysia Oct. Palm Oil Exports +11.45% M/m (source:      BBG)
  • Malaysia's Official Reserve Assets Total $119.7 Billion as at End-September (Source:  BNM)
  • S&P Global Indonesia Oct. Manufacturing PMI Unchanged at 49.2 (source:  BBG)

Data Releases

  • 06 NOV  -   BNM Overnight Policy Rate (market expectations no change).

Government Bond Auction

  • None