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Analysts welcomed FTSE Russell's decision to keep Malaysia in the WGBI but warned that investors may keep reducing exposure to emerging market assets. FTSE Russell also kept China's onshore bonds on a watchlist for a possible upgrade.
Bank Negara's liquidity measures were credited with avoiding removal from the index.
Continued outflows from emerging market assets could pressure regional currencies, raising the local cost of imported feed ingredients.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.