MUFG highlights ASEAN FX data and growth concerns
MUFG analysts are watching Singapore export data and Malaysia inflation figures as regional growth concerns weigh on ASEAN currencies.
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MUFG analysts are tracking several ASEAN indicators for regional currencies. They flag Singapore’s July non-oil domestic exports, which follow a strong 20.7% year-on-year rise in June.
For Malaysia, MUFG expects CPI to remain contained at 1.9%. The focus on these releases reflects broader concerns about regional growth.
The note highlights how export momentum and inflation trends are key data points for ASEAN FX markets.
Source: FXStreet Forex News