Friday up

more free money!!! hahaha

More free money coming!!! guys time to promote myeg and attract some of this liquid to myeg.
Lets huat! together.
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Disinflation, weaker GDP open door for more monetary easing — Ambank Research

KUALA LUMPUR (Aug 19): Envisaged disinflation coupled with a weaker second quarter gross domestic product (GDP), at -17.1%, is anticipated to trigger more monetary easing.

AmBank Research further said the current strong ringgit also provides ample room for another 25 basis points in the overnight policy rate (OPR) cut in September from the current 1.75%.

"We have now factored in a 70 per cent chance of a 50 basis points OPR cut in September," it said in a note today.

On a monthly basis, it said headline consumer inflation slowed down to 0.7% in July versus 1.0% in June.

On an annual basis, inflation remained in the negative region for the fifth consecutive month at -1.3% from -1.9% in June, bringing the average headline inflation to -0.9%.

"It accounts for 75 per cent of our lower end of the -1.5 per cent full-year projection and from our base projection of -0.6 per cent," it said.

Core inflation, a gauge excluding fresh food and administered prices of goods and services, turned flat in July versus 0.1% in June, while on annual basis, it read at 1.1% from 1.2% in June, bringing the first seven-month average to 1.3%.

AmBank Research said the higher inflation in July was driven by transport prices, which advanced at 4.9%, despite being relatively lower than June’s 7.8%.

Retail pump price rose moderately in the month, with RON95, RON97 and diesel at RM1.69 per litre (June: RM1.54 per litre), RM1.99 per litre (June: RM1.84 per litre) and RM1.85 per litre (June: RM1.71 per litre) respectively.

This followed a higher average Brent price at US$43.24 per barrel (June: US$40.27 per barrel) and West Texas Intermediate (WTI) at US$40.71 per barrel (June: US$38.31 per barrel).

According to the research house, the restaurant and hotel segment was the outlier, keeping the lid on higher inflation, sliding 0.1% in July as compared to -0.4% in June.

“The recovery movement control order (RMCO) has enabled many sectors to resume operations including domestic tourism, but consumers remained cautious on recreation and gatherings amidst the pandemic,” it noted.

https://www.theedgemarkets.com/article/disinflation-weaker-gdp-open-door-more-monetary-easing-%E2%80%94-ambank-research

https://www.theedgemarkets.com/article/batu-kawan-3q-net-profit-spikes-318-largely-due-forex-gain

more free money coming !!! Yeehaaa!!! woohooo!!! hahaha!!! huhuhu!!! lalala!!!
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BNM OPR seen lower at 1.50% by end-2020 as MGS yields fall to record low — RAM

KUALA LUMPUR (Aug 19): Bank Negara Malaysia (BNM) may cut the overnight policy rate (OPR) to 1.50% by end of this year as Malaysian Government Securities' (MGS) yields fall to record lows amid the abundance of global liquidity, according to RAM Rating Services Bhd.

RAM economist Woon Khai Jhek wrote in a note today RAM expects domestic bond yields to stay suppressed amid the abundance of global liquidity and that RAM is not discounting another round of OPR cuts by BNM.

"We think (the) OPR could possibly end 2020 at 1.50%,” Woon said.

"In line with robust foreign demand, yields trended down through July. This broad-based decline was also driven by BNM’s fourth rate cut this year, for a total of 125 bps year to date. The benchmark interest rate stands at 1.75% — the lowest since the introduction of this policy tool in 2004. Concurrently, the benchmark 10-year MGS yield fell to a record low of 2.62% as at end-July (-32.2 bps m-o-m) while the shorter-term one-year MGS hit a fresh low of 1.78% (-26.9 bps m-o-m),” he said.

According to Woon, regional (Asian) bond markets have seen a recent resurgence of foreign interest as sentiment improved on the resumption of economic activities.

Another driving factor is the ample global liquidity from quantitative easing, he said.

Woon said Malaysian bonds registered their third consecutive net foreign inflow in July 2020 at RM7.1 billion.

"Consequently, foreign holdings of MGS/GII rose to 23.5% of the total outstanding (bonds) in July, close to the 23.9% in February — pre-Covid-19. In contrast, the participation rate in Thailand and Indonesia stayed on a downtrend despite also seeing a consistent return of foreign demand,” he said.

GII stands for Islamic-based Government Investment Issues, according to BNM’s website.

https://www.theedgemarkets.com/node/527460

good good good friday up 10 cent please need to earn fiji water to cure dehydration, lost in this sahara desert for too long

turbo engine but gear in Reverse ?

can't even up 1 sen

back to square one ?

nectar or venus flytrap ?

myeg need allot of fiji water bone dry

wow powerful

the education system is just a masquerade for a sophisticated indoctrination system
they need more time to indoctrinate its pupils

limit up ?

4 counters limit up

bearish engulfing candle

crazy limit up

limit up wow

limit up again

someone working hard to get youth votes hehehe

the most important lesson learnt is don't spread fear over the virus

"The happiness of your life depends upon the quality of your thoughts". stop thinking of EPF the invisible enemy trying their best to kill all anchovies.

revival of genting

hahaha

limit down congratulation the first limit down for 2020

today is a rest day feel free to MC

the sweet scent from blossoming miss sapura turned out to be a venus flytrap hahaha

system commonly stuck nowadays

closed green

pancut ?

receive or give kfc ?

ef can you stop talking about shit today ? it's a beautiful day today, radiant, shimmering and brilliant

and soon the entire forest will be charm by her beauty

the beautiful miss sapura blossom again and all the bees flock around her alluring honey

the return of miss sapura

after so many months of flatness finally move 30%

just wait for those delusional people to realize they dont need a vaccine and Hydroxychloroquine will do

wah!!! tswong is a genius!

pray hard everyone for a bullish doji star or morning doji star pattern tomorrow, important!!!, pray! pray!! pray!!!

doji today, pray for a long green candle tomorrow

close green important

green soon

wow

tomorrow open green close green

Tobby kpop is indeed junks but people love junks so they will keep buying them

sucking on the tax payers nipples is the standard operating procedure mah

stop the monopoly of electricity and you will see change until that day everything will remain only a dream

some zombies still delusional about vaccine

warrants are actually places to place your bets like a roulette table you have many place to place your bets.

DickyMe Soulless nation.

Infested with arrogant swines.

Immersed in master slave culture.
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wow dickyme your comments are rapidly becoming more and more lovable.
please do continue.