Nope. I dont think Banks can afford to cut anymore rates. Look at the FD promos..

Rephrase: Banks in Malaysia only

This post has been edited by ninjawin: Jul 7 2016, 02:49 PM

Bank FD promos doing as high as above 4.4% while the rates are getting more attractive. This means that banks are having issues getting cash(liquidity) depositors. Meanwhile bank are giving out majority home loan at 4.45% ?? These are not the effective rates of course but it seems that banks are operating perhaps in very very thin margin or no margin. This is why home loan have very high rejection rates.

Yes.. bank can reduce interest rates to stir economy. The last time. BNM only dared to reduce the SRR instead of OPR. Cutting down interest rates will have huge effect of bank's profitability. A few banks are already retreching. This is why a few banks already increased their BR/BLR on their own. Not to mention NPL is increasing in Malaysia at around 2%.

1mdb default is also another issue. Since this company's debt is guaranteed by gov , borrowing cost by our gov may go up due to credit ratings.

Just my opinion.

i don't think so.. a lot of loans still tied wif old BLR.. It will be interesting to see BNM reducing interest rates...it's like using steroid. Short term benefits and long effects.

there are things that Banks can do however it will still be effected by major changes in OPR. Some banks have adjusted interest rates on their own a few times this year http://www.baserate.co/public-bank-hong-le...interest-rates/

buy USD at 3.80..sell back at 4.1

Lose money lor.. i already earn some last time i guess BE if it happens or just lose a bit....oil falling like sack..at the rate..probably will drag MYR down..anyway just play small small..diversify a bit..

This post has been edited by ninjawin: Jul 11 2016, 12:38 AM

long term effect not here yet

Touching 4.04 a bit today. time to cash out USD at > 4.1

This post has been edited by ninjawin: Jul 20 2016, 04:43 PM

Touched 4.048 on 15m chart today. Dont buy/sell on what u believe in. Buy/sell on what the chart tells you

actually already touched 4.05 just now.. i think if it opens at 4.068 , the chances of going up is higher. there may also be slight retracement as got some resistance there

This post has been edited by ninjawin: Jul 21 2016, 11:03 AM


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Im keeping till for 4.1 ..it's just my opinion.. i understand my risk and knows what i'll be losing. Now it's 4.0503 already






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seems 4.06 on the way...

4.1 , 4.14 if break 4.14 will go upwards

hahaha..of course i wish it goes higher.. but i do whatever graph tells me to.

i believe 4.1 is quite possible (provided no fundamental change) . Once hit 4.1 it will decide whether it will head north or south again.

This post has been edited by ninjawin: Jul 21 2016, 11:58 PM

No idea.. 4.0782 now..i guess anytime.

Do you mean Fed rate hike? Maybe...all the effect from Brexit seems not as bad as expected. US stock all time high. Gold retraced a little..maybe it's not so bad after all

this is one scary website.

This is just purely my opinion. The site doesnt seem to have enough authority. It has a DA of 10 and PA of 1 which means that this site is not really well known. https://moz.com/researchtools/ose/ I can't be sure if this site is young. The design also does not seem professional enough for a finance related site. Personally.. I won't spend more than few hundreds on these kind of sites. I will definitely go for COD transaction when dealing with something like these.

This post has been edited by ninjawin: Jul 25 2016, 12:18 AM

ok..then maybe safer..but they could have make it look more authority. just fyi.. maybank2u has DOMAIN AUTHORITY
62 PAGE AUTHORITY 68

so 62 vs 10 is huge difference , PA 0 also doesn't help at all. I will hesitate to put money on somewhere with less than 20 DA. The design also looks like 2 days website.

Yes. Google will have 100DA.