Highlights
of the week:
·
The housing market in US continues to
steadily improve as the housing starts and existing home sales for September
has surged more than expected
·
ECB President Draghi has laid the
groundwork for additional policy easing, sending a clear signal it could occur
as early as the December policy meeting
·
Malaysia’s business conditions extend
its downtrend to 86.4 as manufacturing sales, new domestic orders, production
and new export orders continues to decline
·
Local govvies face selling pressure in
the long end in response to Ringgit Malaysia’s depreciation pressure
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