Malaysian Inflation Rate YoY (Mar) Y/Y 1.7% vs. Exp. 1.7% (Prev. 1.4%)
The Malaysian inflation rate matched expectations at 1.7% for March, showing a slight increase from the previous 1.4%.
EU is planning its biggest relaxation of corporate merger rules in decades, while EU competition commissioner Ribera says merger rules are to favour scale and innovation, according to FT
French President Macron and UK PM Starmer are to hold a summit today on a plan to secure the Strait of Hormuz and are expected to brief US President Trump following the meeting, according to FT
Malaysian Inflation Rate YoY (Mar) Y/Y 1.7% vs. Exp. 1.7% (Prev. 1.4%)
US House plans overnight FISA vote, according to POLITICO
PRE-MARKET INDIAN STOCKS NEWS: Wipro (WPRO IS) Q4 (INR) net fell 1.9% Y/Y to 35.0bln, rev. rose 7.7% Y/Y to 242.4bln
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This alignment with market forecasts suggests stability in pricing power, which could impact the Malaysian central bank's approach to monetary policy moving forward, though significant concerns about inflation are not apparent. Traders might want to consider implications for the ringgit and regional currencies as inflation expectations adjust.
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