Daily Market Update @ 7 Oct 2024
*Daily Market Update*
Indicative as of 7/10/2024
*Index Daily Return* (Local Currency Terms)
🇺🇸 S&P 500 : +0.90%
🇺🇸 NASDAQ : +1.22%
🇪🇺 STOXX : +0.44%
🇲🇾 FBM KLCI : -0.71%
🇨🇳 Shanghai : +13.33%
🇭🇰 HSI : +2.82%
🇯🇵 Nikkei : +0.22%
_Source: Bloomberg_
*FX Rate*
🇺🇸 USDMYR : 4.2650 , +1.07%
🇬🇧 GBPMYR : 5.5995 , +0.78%
🇳🇿 AUDMYR : 2.9013 , +0.50%
🇸🇬 SGDMYR : 3.2716 , +0.58%
🇪🇺 EURMYR : 4.6798 , +0.57%
🇭🇰 MYRHKD : 1.8211 , -1.03%
🇲🇨 MYRIDR : 3630.7200 , -1.06%
🇹🇭 MYRTHB : 7.8275 , -0.74%
🇨🇳 MYRCNY : 1.6634 , +0.00%
🇯🇵 MYRJPY : 34.8320 , +0.35%
👑 Gold Spot : 2648.9800 , -0.17%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.52% , +1 bps
MGS 10 year : 3.73% , +1 bps
MGS 20 year : 4.04% , +0 bps
MGS 30 year : 4.19% , +0 bps
_Source: Bloomberg_
*Daily News*
*Asian Stocks Gain as Jobs Report Boosts Sentiment*
Japanese equities rise, US 10-year Treasury yield climbs
Oil drops as traders watch for Israeli response to Iran strike
*Bond Traders Buckle Up for ‘No Landing’ After Jobs Surprise*
Strong growth in payrolls sends Treasury yields surging
Risk is that growth, inflation keep Fed cuts in check
*China Economic Agency Plans Briefing as Investors Eye Stimulus*
NDRC to brief Tuesday on policies aimed at boosting growth
Expectations are growing for Beijing to ramp up fiscal growth
*Oil Drops as Traders Watch for Israeli Response to Iran Strike*
President Joe Biden has discouraged attacks on Iranian fields
Israel ramped up hostilities over the weekend in Gaza, Lebanon
*ECB will ‘Quite Probably’ Cut Rates This Month, Villeroy Says*
Bank of France Governor speaks in La Repubblica interview
Villeroy says ECB must watch risk of inflation under target"
_Source: Bloomberg_
Indicative as of 7/10/2024
*Index Daily Return* (Local Currency Terms)
🇺🇸 S&P 500 : +0.90%
🇺🇸 NASDAQ : +1.22%
🇪🇺 STOXX : +0.44%
🇲🇾 FBM KLCI : -0.71%
🇨🇳 Shanghai : +13.33%
🇭🇰 HSI : +2.82%
🇯🇵 Nikkei : +0.22%
_Source: Bloomberg_
*FX Rate*
🇺🇸 USDMYR : 4.2650 , +1.07%
🇬🇧 GBPMYR : 5.5995 , +0.78%
🇳🇿 AUDMYR : 2.9013 , +0.50%
🇸🇬 SGDMYR : 3.2716 , +0.58%
🇪🇺 EURMYR : 4.6798 , +0.57%
🇭🇰 MYRHKD : 1.8211 , -1.03%
🇲🇨 MYRIDR : 3630.7200 , -1.06%
🇹🇭 MYRTHB : 7.8275 , -0.74%
🇨🇳 MYRCNY : 1.6634 , +0.00%
🇯🇵 MYRJPY : 34.8320 , +0.35%
👑 Gold Spot : 2648.9800 , -0.17%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.52% , +1 bps
MGS 10 year : 3.73% , +1 bps
MGS 20 year : 4.04% , +0 bps
MGS 30 year : 4.19% , +0 bps
_Source: Bloomberg_
*Daily News*
*Asian Stocks Gain as Jobs Report Boosts Sentiment*
Japanese equities rise, US 10-year Treasury yield climbs
Oil drops as traders watch for Israeli response to Iran strike
*Bond Traders Buckle Up for ‘No Landing’ After Jobs Surprise*
Strong growth in payrolls sends Treasury yields surging
Risk is that growth, inflation keep Fed cuts in check
*China Economic Agency Plans Briefing as Investors Eye Stimulus*
NDRC to brief Tuesday on policies aimed at boosting growth
Expectations are growing for Beijing to ramp up fiscal growth
*Oil Drops as Traders Watch for Israeli Response to Iran Strike*
President Joe Biden has discouraged attacks on Iranian fields
Israel ramped up hostilities over the weekend in Gaza, Lebanon
*ECB will ‘Quite Probably’ Cut Rates This Month, Villeroy Says*
Bank of France Governor speaks in La Repubblica interview
Villeroy says ECB must watch risk of inflation under target"
_Source: Bloomberg_
07 Oct 2024
