Malaysia’s trade surplus widened by 98.7% to RM20.9bil in June 2020 – the largest ever recorded so far. Exports for the month rebounded with an 8.8% growth of RM82.9bil while imports fell by 5.6% to RM62bil. ING believes a surprising bounce in Malaysia’s exports in June would be reversed in July.
Corporate earnings, trade data in focus
TRADE figures to be released this week will continue to draw scrutiny as markets will assess the prospects of economic recovery.
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