Aud not good
Sgd not good due to easing (but it actually rises significant right now)
Yuan not good (as may devalue)
Yen Euro not good due to QE.
Emerging currencies not good due to commodities slump.
Gold also not good
Equities market also not good.

Everything not good then. 

Total global wealth decreased by $12.4 trillion to $250.1 trillion, with the strength of the U.S. dollar weighing on the overall global wealth picture, as when valued in U.S. dollars, net worth fell in every region except China and North America.
http://www.cnbc.com/2015/10/13/global-weal...nce-lehman.html

BTW, do you think Malaysia has the potential to become bankrupt like Greece if 1MDB issues proves that the governement is not able to pay back its debt, unrecoverable losses, etc?

Will it buy time? Default? Worst case scenario for MYR?? Just wondering..

One year after a massive corruption scandal broke out at the state-run oil company and four months after Brazil officially entered recession, the financial indicators are grim across the board. The real has fallen more than any other major currency in the world this year; annual inflation has soared to almost 10 percent; the budget deficit has swelled to the widest in at least two decades; and the government’s credit rating was cut to junk by Standard & Poor’s. Last week, analysts at Itau Unibanco Holding predicted the economy will shrink 3 percent this year and unemployment will top 10 percent by 2016.
http://www.bloomberg.com/news/articles/201...wiping-out-jobs

Can solve the lose-lose situation. In order not to lose now, he has to pick a position and gamble. No position now is not a strategy. Volatile market actually means opportunity 

AUD is good when China recovers
SGD is good because they have inflation to worry if SGD too low, so they can't devalue too low

A Case of Brazil Blight? Scandal-Hit Malaysia Risks Lost Decade
http://www.bloomberg.com/news/articles/201...sks-lost-decade

Brazil's Next Big Crisis Is Scaring Bankers and Wiping Out Jobs
http://www.bloomberg.com/news/articles/201...wiping-out-jobs

This is a very depressing read.

I think people are reactive to crisis, rather than proactive. Now that RM shows some strength, they thought the crisis is over and problem solved 

It's interesting how people are getting used to the 4 to dollar level, so quickly.

Official inflation rate will be below 4%.

It really does seem like the proverbial frog in hot water, people (especially Malaysians) complain about a lot of things at first but eventually they just get used to it.

USD/MYR seems to be turning up today. 4.22

Amid falling oil revenue, Prime Minister Najib Abdul Razak said the upcoming budget will be among the most difficult he has ever tabled.
He said the government received RM26 billion in dividends from Petronas this year, but the national oil company is seeking to slash that amount to a mere RM9 billion next year.
https://www.malaysiakini.com/news/316144#ixzz3ouBJYkk4

Ringgit falls as Malaysia faces oil revenue pressures in budget - See more at: http://www.themalaysianinsider.com/malaysi...h.yYN8eEX3.dpuf

Heading towards 4.30 mark
Btw, BNM will release reserves @ 15/10 on 22/10

19 Oct 2015 08:40 UTC - 20 Oct 2015 08:46 UTC
USD/MYR close:4.27298 low:4.20850 high:4.29478

Almost hit 4.30

Expect big moves (more volatile) in future. That's what i think.

I think now market waiting for fresh leads. Many people wait and see. Including myself 

Read somewhere budget 2016 going to increase tax ? (cannot find where I read already...)

GST collection highly may exceed expectation, so it is the one can fill up the gap.

Mind that when inflation hit, aka price of goods rise, GST collection may rise as well as GST is taxed based on the retail price.

So GST is the one can plug the deficit, as long as there is prudent move in term of operation expenses.

The Consumer Sentiment Index (CSI) has fallen to an all-time low of 70.2 points in the third quarter of the year, as measured by the Malaysian Institute of Economic Research (MIER).

Read more: https://www.malaysiakini.com/news/316683#ixzz3pGrOIohr