Meanwhile, S&P Global is expected to release the manufacturing Purchasing Managers’ Index on Wednesday.
Malaysia’s manufacturing PMI expanded to 51.6 in April from 49.6 in March, indicating a renewed improvement in the health of the sector. Bank Negara will also release the detailed disclosure of international reserves as at end-April tomorrow.UPCOMING PMIs due this week will provide an important steer to demand, supply and prices, and therefore also policymaking, according to S&P Global.
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