FXTM Research Analyst, Lukman Otunuga comments on what to watch out for Malaysia. 
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KUALA LUMPUR, Oct 19 (Bernama) -- Investors will be looking towards the latest inflation report from Malaysia on Wednesday which could provide further clarity on the health of the Malaysian economy. Malaysia’s inflation for August printed at 1.5% with predictions of September’s figure edging to 1.7% amid higher prices of food.
 
The key theme for the Malaysian economy like other emerging nations still revolves around depressed commodity prices and rising US rate hike expectations which continue to weather demand for EM assets. Malaysia continues to hold a firm footing against the external headwinds with domestic economic data signalling signs of economic stability. There could be a pickup in Malaysia’s economic growth in 2017 amid rising commodity prices and growing external demand.
 
Outside of Malaysia, investors will pay close attention to the data packed week which includes crucial reports from China and the European Central Bank’s policy meeting on Thursday. Markets widely expect the ECB to keep monetary policy unchanged in October while positive data from China could bolster global sentiment consequently uplifting EM assets.
 
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Source : Arcis Communications Malaysia 
 
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--BERNAMA