Tuesday, 11 October 2016

Ringgit Malaysia

Has arrived at RM4.20 to the US Dollar. Against the Sing Dollar, it is at RM3.05, while against the EURO, it is at RM4.64, just 2.6 sen against its 52 week high.

The futures market has attached a roughly 70 percent probability that the Fed will lift rates in December, which pushed the benchmark 10-year U.S. Treasury yield (US10YT=RR) to a more than four-month high.

Meanwhile, December Brent crude oil futures were down 78 cents, or 1.5 percent, at $52.36 a barrel by  more than a dollar off Monday's one-year intraday high of $53.73, after it emerged that OPEC output had ACTUALLY increased.