Emerging Markets Cross-Asset Strategist, Emvest Partners

Guillaume Coutant

Emerging Markets Cross-Asset Strategist

Cross-Asset Emerging Markets Technical Research

Emvest Partners

Emvest Partners is the leading independent French financial analyst specializing in Emerging Markets for  Asset Managers, Hedge Funds and Family Offices. The studies provided by Emvest Partners are based on a top-down, cross-asset and relative-value approach of the financial markets. The articulation of macroeconomic analysis and technical analysis improves the consistency of the recommendations, the mitigation of risks of error and a significant improvement in performance.

Technical Analysis

Malaysian outright swaps are showing potential for further rise.Mathematical indicators (RSI, Moving Average) are all oriented to the upside.Over the 3-6 months to come:<ul><li>
<a href="https://www.smartkarma.com/entities/22829" target="_blank" data-smartkarma-citation="entities:22829:1">MYR (USDMYR CURNCY)</a> 5y Malaysian swap NDRIS (MRSWNI5) is expected to be paid above 3,90% max 3,68% towards 4,53% even 4,80%. 4,20% intermediate resistance below which some range should be taking place</li></ul><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/044/948/original/MRSWNI5%20Curncy%20%28MYR%20SWAP%20NDIRS%20%20%202018-02-05%2021-02-18.png?1519035865" class="editor-image img-responsive" data-smartkarma-image-id="44948"></figure><ul><li>In parallel, the 1-5 curve is showing the same kind of pattern, with a potentially anchored front end part of the curve and further…</li></ul>

Malaysian outright swaps are showing potential for further rise.Mathematical indicators (RSI, Moving Average) are all oriented to the upside.Over the 3-6 months to come:
MYR (USDMYR CURNCY) 5y Malaysian swap NDRIS (MRSWNI5) is expected to be paid above 3,90% max 3,68% towards 4,53% even 4,80%. 4,20% intermediate resistance below which some range should be taking placeIn parallel, the 1-5 curve is showing the same kind of pattern, with a potentially anchored front end part of the curve and further…

Bearish Steepening on the Malaysian 1-5 Swap Curve