Monday, November 7, 2016

· Fed FOMC sends new signals about a possible rate hike in December 2016


Good Morning,

Highlights of the week:-

·         Fed FOMC sends new signals about a possible rate hike in December 2016
·         Euro strengthen against US dollar on the back of ‘risk-off’ environment
·         UK rates market price out BoE easing expectations after the Bank say it is no longer expecting to cut interest rates again this year
·         Trading volume in the benchmark Malaysia govvies is low as uncertainties over the coming US election dampens the demand on local govvies

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