Market watch

Malaysia's CPI inflation slowed to 3% YoY in December from 3.3% YoY in November. Irvin Seah, Economist at DBS Bank in Singapore talked about...

- inflation, likely average 2.6% for 2012, from 3.2% in 2011

- slow growth momentum for Malaysia, expects full year growth to come in below 5%

- Ringgit weakness more likely

- Bank Negara's policy rate, room for BNM to cut OPR by 50 basis points in 1H2012.

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