• Malaysia's ringgit spiked more than 2 percent on Wednesday as August exports came in stronger than expected 
  
  
• Malaysia's exports in August rose 4.1 percent from a year earlier, beating a forecast of 2.0 percent growth
• Trade balance surged to 10.19bln, beating consensus for 4.70bln rise and compared to a 2.38bln in the previous month
  
  
• A rebound in global crude prices eased concerns over the country's overseas earnings from oil and gas sales, further supporting the ringgit
  
  
• USD/MYR slipped through 4.30 support to hit 4.2483 low so far, momentum is bearish and risks could unwind towards  4.20 next