Oanda's Stephen Innes on GE14: Factoring Stability From Status Quo
The ruling party’s hold on the rural heartland appears solid which suggests this country’s political risks in the run up to GE14 appearing to be contained. AWANI Review’s Ibrahim Sani speaks to Oanda Asia Pacific Head of Trading Stephen Innes who assesses prospects for continued stability post polling.
The 14th General Elections is upon us with nomination and polling day to take place on 28th April and 9th May, respectively. The market it seems, is fairly stable and the ringgit - well balanced, bringing with it the question: is the market expecting the political direction of the country to remain status quo? Stephen Innes of the Singapore-based foreign exchange trading firm Oanda weighs in. 1MDB “It is hard to imagine a change of government, following this election, considering that the Barisan Nasional (BN) campaign, is still drawn towards the rural...
SUBSCRIBE NOW FOR UNLIMITED ACCESS Existing subscribers click on Sign In