# Funds take nothing for granted as Malaysians prepare to vote

> Malaysia's ringgit is still among Asia's best performers this year but has weakened in April as investors brace for the May 9 general election. The 10-year bond yield reached a one-month high. Fund managers say they are not taking the ruling party's win for granted after recent political surprises.

- Date: 2018-04-17 · published 2018-04-17T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/65777-funds-take-nothing-for-granted-as-malaysians-prepare-to-vote
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Election uncertainty is pushing the ringgit lower and bond yields higher, which raises the cost of capital in Malaysia. The direct effect on feed commodity prices is limited.

## Read by commodity

- USDMYR: neutral

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2018/04/17/funds-take-nothing-for-granted-as-malaysians-prepare-to-vote/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.