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2020-08-20 00:08 | Report Abuse
more free money!!! hahaha
2020-08-19 19:51 | Report Abuse
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
2020-08-19 19:43 | Report Abuse
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
2020-08-19 17:23 | Report Abuse
good good good friday up 10 cent please need to earn fiji water to cure dehydration, lost in this sahara desert for too long
2020-08-19 12:24 | Report Abuse
myeg need allot of fiji water bone dry
2020-08-18 22:18 | Report Abuse
the education system is just a masquerade for a sophisticated indoctrination system
they need more time to indoctrinate its pupils
2020-08-15 22:00 | Report Abuse
someone working hard to get youth votes hehehe
2020-08-15 14:05 | Report Abuse
the most important lesson learnt is don't spread fear over the virus
2020-08-13 12:57 | Report Abuse
"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.
2020-08-12 10:27 | Report Abuse
limit down congratulation the first limit down for 2020
2020-08-12 10:05 | Report Abuse
today is a rest day feel free to MC
2020-08-12 10:00 | Report Abuse
the sweet scent from blossoming miss sapura turned out to be a venus flytrap hahaha
2020-08-11 21:03 | Report Abuse
system commonly stuck nowadays
2020-08-11 13:31 | Report Abuse
ef can you stop talking about shit today ? it's a beautiful day today, radiant, shimmering and brilliant
2020-08-11 12:40 | Report Abuse
and soon the entire forest will be charm by her beauty
2020-08-11 12:38 | Report Abuse
the beautiful miss sapura blossom again and all the bees flock around her alluring honey
2020-08-11 11:43 | Report Abuse
after so many months of flatness finally move 30%
2020-08-10 21:53 | Report Abuse
just wait for those delusional people to realize they dont need a vaccine and Hydroxychloroquine will do
2020-08-10 16:58 | Report Abuse
pray hard everyone for a bullish doji star or morning doji star pattern tomorrow, important!!!, pray! pray!! pray!!!
2020-08-10 16:54 | Report Abuse
doji today, pray for a long green candle tomorrow
2020-08-09 13:28 | Report Abuse
Tobby kpop is indeed junks but people love junks so they will keep buying them
2020-08-09 13:26 | Report Abuse
sucking on the tax payers nipples is the standard operating procedure mah
2020-08-09 13:24 | Report Abuse
stop the monopoly of electricity and you will see change until that day everything will remain only a dream
2020-08-09 13:22 | Report Abuse
some zombies still delusional about vaccine
2020-08-09 00:22 | Report Abuse
warrants are actually places to place your bets like a roulette table you have many place to place your bets.
2020-08-09 00:18 | Report Abuse
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.
Stock: [FGV]: FGV HOLDINGS BERHAD
2020-08-20 01:17 | Report Abuse
Friday up