As we head into the end of April & get ready to move into May, how is the state of Malaysia & the states?

PORT KLANG, Malaysia (Sept. 5, 2011) - The flag of the United States and the flag of Malaysia adorn a table while guests and Sailors enjoy a reception onboard the Nimitz class aircraft carrier USS John C. Stennis (CVN 74) during her port visit to Port Klang, Malaysia. The John C. Stennis Carrier Strike Group is on deployment to the Western Pacific and Arabian Gulf. (U.S. Navy photo by Mass Communication Specialist 2nd Class Foster Bamford)

Malaysia
– Q1 KLCI performance positive
– Trade surplus deteriorated 30%
– Slowdown in mfg exports
– Softening labour market (ie lesser hiring, retrenchments) slowing recovery in spending post GST
– Continued concerns on political scene

USA
– Large equity pull outs from US markets by investors in April
– USD stopped appreciating since late Jan
– Feds next rate hike expected only in Sep/Dec

USDMYR next 12mths avg trading est ~3.74