Daily Market Update @ 10102024
*Daily Market Update*
Indicative as of 10/10/2024
*Index Daily Return* (Local Currency Terms)
🇺🇸 S&P 500 : +0.71%
🇺🇸 NASDAQ : +0.60%
🇪🇺 STOXX : +0.66%
🇲🇾 FBM KLCI : -0.04%
🇨🇳 Shanghai : -7.05%
🇭🇰 HSI : -1.38%
🇯🇵 Nikkei : +0.87%
_Source: Bloomberg_
*FX Rate*
🇺🇸 USDMYR : 4.2910 , +0.22%
🇬🇧 GBPMYR : 5.6086 , +0.09%
🇳🇿 AUDMYR : 2.8837 , -0.03%
🇸🇬 SGDMYR : 3.2832 , -0.01%
🇪🇺 EURMYR : 4.6950 , -0.01%
🇭🇰 MYRHKD : 1.8113 , -0.26%
🇲🇨 MYRIDR : 3642.5100 , -0.22%
🇹🇭 MYRTHB : 7.8103 , -0.25%
🇨🇳 MYRCNY : 1.6539 , +0.00%
🇯🇵 MYRJPY : 34.7910 , +0.22%
👑 Gold Spot : 2609.4100 , +0.06%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.55% , +0 bps
MGS 10 year : 3.77% , +0 bps
MGS 20 year : 4.07% , +0 bps
MGS 30 year : 4.19% , -0 bps
_Source: Bloomberg_
*Daily News*
*Asian Equities Climb as US Record High Lifts Mood : Markets Wrap*
Shares in Australia, Japan rise alongside Hong Kong futures
S&P 500 sets 44th record of 2024 ahead of US inflation data
*Powell’s Half-Pointer Is Hard to Repeat With FOMC in No Hurry*
Minutes unveil details of pushback at September meeting
Several officials have shown preference for gradual approach
*Hong Kong Property Markets Shows Recovery Signs After Rate Cuts*
Lower mortgage costs and rise in stocks helped home sales
Market faces challenges in long run, including weak economy
*BOK Expected to Pivot as Property Market Cools: Decision Guide*
Rising mortgage debt and home prices delayed pivot thus far
BOK increasingly concerned about slow private consumption"
_Source: Bloomberg_
Indicative as of 10/10/2024
*Index Daily Return* (Local Currency Terms)
🇺🇸 S&P 500 : +0.71%
🇺🇸 NASDAQ : +0.60%
🇪🇺 STOXX : +0.66%
🇲🇾 FBM KLCI : -0.04%
🇨🇳 Shanghai : -7.05%
🇭🇰 HSI : -1.38%
🇯🇵 Nikkei : +0.87%
_Source: Bloomberg_
*FX Rate*
🇺🇸 USDMYR : 4.2910 , +0.22%
🇬🇧 GBPMYR : 5.6086 , +0.09%
🇳🇿 AUDMYR : 2.8837 , -0.03%
🇸🇬 SGDMYR : 3.2832 , -0.01%
🇪🇺 EURMYR : 4.6950 , -0.01%
🇭🇰 MYRHKD : 1.8113 , -0.26%
🇲🇨 MYRIDR : 3642.5100 , -0.22%
🇹🇭 MYRTHB : 7.8103 , -0.25%
🇨🇳 MYRCNY : 1.6539 , +0.00%
🇯🇵 MYRJPY : 34.7910 , +0.22%
👑 Gold Spot : 2609.4100 , +0.06%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.55% , +0 bps
MGS 10 year : 3.77% , +0 bps
MGS 20 year : 4.07% , +0 bps
MGS 30 year : 4.19% , -0 bps
_Source: Bloomberg_
*Daily News*
*Asian Equities Climb as US Record High Lifts Mood : Markets Wrap*
Shares in Australia, Japan rise alongside Hong Kong futures
S&P 500 sets 44th record of 2024 ahead of US inflation data
*Powell’s Half-Pointer Is Hard to Repeat With FOMC in No Hurry*
Minutes unveil details of pushback at September meeting
Several officials have shown preference for gradual approach
*Hong Kong Property Markets Shows Recovery Signs After Rate Cuts*
Lower mortgage costs and rise in stocks helped home sales
Market faces challenges in long run, including weak economy
*BOK Expected to Pivot as Property Market Cools: Decision Guide*
Rising mortgage debt and home prices delayed pivot thus far
BOK increasingly concerned about slow private consumption"
_Source: Bloomberg_
10 Oct 2024
