Highlights
of the week:
•
US rates were relentlessly bid with front-end selling from both
leveraged and real money
•
German industrial production fell by 4% in August – its biggest
decline in over 5 years
•
Weaker world stocks fanned risk aversion that consequently,
flows into the safer yen
•
Asian currencies with sole exception of Hong Kong dollar ended
the week on bullish tone
•
Malaysia reported better-than-expected export growth in August
•
A sluggish start of the week for local govvies as market players
are on the sidelines awaiting for the outcome of Malaysian Budget 2015
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