• USD/MYR is up at 4.4185 in Kuala Lumpur morning; versus yesterday's close of 4.4105.
• This morning’s move sees the Ringgit broken through the 100-day EMA of 4.4151 with the next key technical level the 200-day EMA at 4.5037.
• USD/MYR one-month implied volatility is up this morning to 5.9625%, versus 5.8425% yesterday’s close.
• Malaysia’s FTSE Bursa Malaysia KLCI decline -0.74% yesterday.
• Malaysia's 10-year bond yield is at 3.909%
• Malaysia 5 yr USD CDS at 38bps (yesterday close 38bp, 5-year low 32bp in 2020).

Headlines

• Government Commitment to Reducing Fiscal Deficit. (source: MNI – Market News)
• Malaysian Govt Has Tools to Halt Ringgit’s Decline: (source: The Star)
• Malaysia sold MYR3 billion ($681.3 million) of bonds due April 18, 2039, on Nov. 11. Investors offered to buy 2.67 times the amount of securities sold (source: BBG)

Data Releases

• 15 NOV - BoP Current Account Balance MYR
• 15 NOV - GDP YoY