Monday, March 21, 2016

Fixed Income Weekly Pulse, 21 March 2016


 Highlights of the week:

·         Fed leaves the fed funds rate unchanged and strikes a more dovish tone anticipated by the market
·         Euro area industrial production in January rebound at the fastest pace since September 2009
·         BoJ opts to maintain its monetary policies
·         Ringgit Malaysia gains against the USD on the back of stronger equity markets, drop in credit risk premium and the rally in crude oil prices
Local govvies short-end to belly of the curve edge lower amid strengthening of Ringgit Malaysia and the rally in crude oil prices

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