Bank Negara’s RM19B liquidity move offers relief—but challenges persist as Trump’s trade shifts affect global markets.
🏦 Malaysia News: Bank Negara’s Liquidity Challenge
- SRR cut released RM19B, lowering borrowing costs.
- But funding pressures remain, as loan-to-deposit ratio nears 88%.
- Deposit growth slows, foreign currency holdings rise.
- Analysts warn Bank Negara may need more action before year-end.
🌍 Global News: Oil & Tariff Turbulence
- Oil prices steady near US$68 amid US jobs data and Trump tariff moves.
- Trump to send out 20–30% tariff letters to 10 countries at a time.
- OPEC+ to raise output by 411,000 barrels/day starting August.
🥇 Gold: Safe Haven Spark
- Gold flat at US$3,328 but headed for 1.7% weekly gain.
- Trump tax bill raises fiscal concerns; jobs data offsets.
- Fed rate cut expectations still intact; bullion demand steady.
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