Monday, October 17, 2016

· US FOMC minutes indicates that its policy makers are getting closer to raising rates


Good Morning,

Highlights of the week:-

·         US FOMC minutes indicates that its policy makers are getting closer to raising rates
·         Rising global yields generate headwinds for riskier assets
·         British Prime Minister backs down and allows parliament an "open and transparent debate" of the government's BREXIT plan
·         Malaysia govvies shift upward across the board as depreciation of MYR against USD dampens foreign appetites on local govvies

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