Thursday, September 29, 2016

v OPEC agrees to reduce oil production for the first time since 2008


Highlights of today’s AmBank FX Daily Outlook as follow:-

v  OPEC agrees to reduce oil production for the first time since 2008
v  MYR to fluctuate in the range of 4.100-4.130 against US dollar. 
v  Key watch:- (i) Fed officials’ speeches, (ii) US 2Q2016 GDP, (iii) US initial jobless claims, (iv) BoJ Governor’s speech and (v) Taiwan central bank meeting.

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