Monday, August 15, 2016

· Wagers for future rate hikes from the Fed diminish to about 42% for December compared to 47% a


Good Morning,

Highlights of the week:-

·         Wagers for future rate hikes from the Fed diminish to about 42% for December compared to 47% a week ago
·         USD/JPY’s low of 100.68 is widely seen as a line in the sand for Japan's MoF
·         Ringgit closed lower against USD in response to dovish statement made by BNM Governor
·         Local govvies see yields curve shift down across the board due to global yield hunting

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