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Yields remain in focus; OPEC+ meeting taking place

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ECB s Knot (Netherlands) stated at could be optimistic on recovery in H2 and added that higher yields reflected this cautious optimism
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ECB s Centeno (Portugal) stated that trade was almost recovered to pre-pandemic levels. Noted that the recovery was quite uneven across sectors
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Malaysia Central bank (BNM) Policy Statement reiterated stance that monetary policy was appropriate and would to use policy levers as appropriate. Re-imposing virus curbs to affect growth in Q1. Growth was projected to improve from Q2 but downside risks remained. Headline inflation anticipated to temporarily spike in Q2
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Singapore Central Bank (MAS) Dep Robinson: Fiscal stance in 2021 to support economic activity; rebound to pick up in mid-2021 ....

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