Fixed Income Weekly Pulse, 07 March 2016

 Highlights of the week:

·         The contrasting comments from Fed policy makers and softer-than-expected macro data continue to weigh on USD

·         Eurozone’s unemployment rate for January drop to 10.3%, the lowest since August 2011

·         Capital investment in Japan during the last quarter of 2015 slowed, led by cuts in the chemicals, petroleum and coal industries

·         Ringgit Malaysia strengthens on the back of the surge in equity market, the plunge in Malaysia 5Y CDS and the increase in crude oil prices

·         Local govvies rally across the curve amid stronger Ringgit Malaysia and increase in oil prices