Monday, August 24, 2015

Fixed Income Weekly Pulse, 24 Aug 2015


 Highlights of the week:

·         Fed, policymakers express concern about the low levels of inflation
·         Kazakhstan becomes the latest emerging market victim of China’s latest economic risks
·         German parliament backs the latest €86billion Greek rescue deal, opening the way for the immediate release of emergency funds 
·         RM down 1.66% against the US dollar, much higher compare to average decline of 0.58% in Asian currencies
·         Most local govvies were under selling pressure as Ringgit continues to weaken

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