Matthew Burgess

Malaysia’s record spending plan is set to drive further foreign interest in its assets as the government continues to build on its fiscal reforms, even if the immediate impact on equities is muted.

Australia’s powerful stretch of hiring extended into September and the unemployment rate held steady, prompting a rise in the currency as traders scaled back bets on the Reserve Bank’s first interest-rate cut.

Institutional investors turned most bullish on the Australian dollar since March 2021 as signs the nation’s central bank will keep interest rates at elevated levels and China’s stimulus push revived confidence in the currency.

A decline in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as tensions grow between the nation’s government and its central bank.

South Korea will join FTSE Russell’s major global bond index next year, capping an overhaul of its financial market infrastructure in the hopes of attracting tens of billions of dollars of foreign investment.

Indonesia’s central bank is stepping into the market to support the rupiah that’s in its longest losing streak since 2023.

Indonesian bonds fell by the most in almost four months as a weakening rupiah raised the risk the nation’s central bank may pause on interest-rate cuts.

The Malaysian ringgit is set to cap its best quarter on record as China’s recent stimulus measures boost the Southeast Asian country’s trade outlook.

The Malaysian ringgit is poised to extend its rally after what’s likely to be its best quarter since 1973, if the outlook for interest rates is any guide.

The Indonesian rupiah is poised for its best week since January, as the nation’s bonds rally on rising inflows. Bank Indonesia said it is allowing the currency to strengthen.