* “The easing of North Korea tensions is providing a positive backdrop to an already buoyant domestic Malaysian landscape and are offering a massive boost to local currency markets, including the ringgit,” Stephen Innes, head of trading Asia Pacific at Oanda in Singapore, writes in a client note
** Ringgit remains buoyant on the back of stable Malay bond markets, but with Malay election the next local headwind, we could see a slowdown in offshore flows which are most typical ahead of any regional elections
** Oil prices continue to trade firm, and with regional sentiment improving, the ringgit should continue to benefit from both strong domestic and external factors Innes added
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