Prime Minister Anwar Ibrahim’s unity government coalition faces persistent internal strains that shape expectations around the timing of any parliamentary dissolution before the automatic end of the 15th Parliament’s term in December 2027. Recent state assembly dissolutions in Johor and Negeri Sembilan in early June 2026 produced mixed results for federal partners and renewed speculation about a national snap poll, yet Anwar has publicly downplayed near-term dissolution and urged patience amid coalition tensions. Traders appear to weigh the prime minister’s discretion—subject to the Yang di-Pertuan Agong’s consent—against the risk that widening divisions could force an earlier call, with scheduled state-level contests and any further public statements on electoral timing serving as the next potential catalysts.