The Edge Markets: FTSE Russell maintains Malaysia on fixed-income watchlist

FTSE Russell maintains Malaysia on fixed-income watchlist

KUALA LUMPUR (Sept 27): FTSE Russell will keep Malaysia on a watchlist for exclusion from its World Government Bond Index, signaling that policy makers need to do more to deepen the ringgit debt market.

Bernama: National debt at RM1.1 tln in 2018

National debt at RM1.1 tln in 2018

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s national debt rose to RM1.09 trillion in 2018 from RM1.08 trillion in 2017, based on accrual accounting, said Datuk Seri Mustapa Mohamed, chairman of the Special Select Committee on the Budget.

He said the amount comprised federal government debt (RM741 billion), debts guaranteed by the federal government (RM132.7 billion) and 1Malaysia Development Bhd’s net debt (RM32.2 billion).

The Star Online: Treasury Pulse

Treasury Pulse

Global Forex Market

THE US dollar rebounded by 0.22% to 96.194 largely due to safe haven flows following escalating US-Iran geopolitical tensions after both Iran President Hassan Rouhani and President Donald Trump have traded insults, with Rouhani suggesting that Trump suffered from a “mental disorder” and Trump once more threatening Iran with “obliteration”.

The Star Online: Treasury Pulse

Treasury Pulse

Global Forex Market

THE dollar fell 0.54% to 97.117 after the Federal Reserve struck a dovish tone in its June policy statement while keeping its benchmark interest rates unchanged at 2.25%–2.50%. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could happen before the end of the year depending on how conditions unfold.

The Star Online: Flight to safety factors to influence foreign bond investors in May

Flight to safety factors to influence foreign bond investors in May

KUALA LUMPUR: Foreign bond investors are expected to be driven by "flight to safety" dynamics in May given the prevailing global uncertainties.