Daily FX Update, 19 August 2015

v  US housing market data are mixed, with housing starts advance to a new cycle high while housing permits see a sharp decline v  UK CPI is stronger than market expectations  v  Moody’s: global economic growth is set to remain muted over the next two years  v  Home prices in majority of the Chinese cities increase in July   v  Bank Indonesia keeps its benchmark BI rate unchanged at 7.50% v  Indonesia records a US$1.33b trade surplus in July 2015, the highest since Jan 2014

INDICATIVE MAJOR CURRENCIES Last Close  8.05 am Snapshot        Bid                   Offer Expected Ranges for Today         Low                       High USD/MYR 4.0820 4.0770 4.1070 4.0750 4.1200 JPY/MYR (100) 3.2821 3.2730 3.3040 3.2600 3.3300 SGD/MYR 2.9070 2.8980 2.9300 2.8900 2.9500 EUR/MYR 4.5029 4.4980 4.5290 4.4700 4.5600 AUD/MYR 2.9950 2.9870 3.0190 2.9700 3.0400 GBP/MYR 6.3900 6.3940 6.4250 6.3700 6.4800 USD/JPY 124.37 124.21 124.62 123.81 124.81 EUR/USD 1.1031 1.0870 1.1180 1.0970 1.1080 AUD/USD 0.7337 0.7180 0.7490 0.7290 0.7390