Fixed Income Weekly Pulse, 03 Aug 2015

 Highlights of the week:

·         US FOMC kept its policy rate unchanged 

·         Stronger than expected German IFO business confidence pointing Europe’s biggest economy are weathering uncertainty related to Greece.

·         RM touches the level of 3.8310, the highest level since September 1998

·         Trading activities in local govvies are lighter this week as market players are waiting for more hints from the FOMC meeting