Your Trusted Wealth Management

Daily Market Update @ 18 Oct 2024

*Daily Market Update*
Indicative as of 18/10/2024

*Index Daily Return* (Local Currency Terms)
πŸ‡ΊπŸ‡Έ S&P 500 : -0.02%
πŸ‡ΊπŸ‡Έ NASDAQ : +0.04%
πŸ‡ͺπŸ‡Ί STOXX : +0.83%
πŸ‡²πŸ‡Ύ FBM KLCI : +0.54%
πŸ‡¨πŸ‡³ Shanghai : -1.13%
πŸ‡­πŸ‡° HSI : -1.02%
πŸ‡―πŸ‡΅ Nikkei : -0.69%
_Source: Bloomberg_

*FX Rate*
πŸ‡ΊπŸ‡Έ USDMYR : 4.3060 , -0.07%
πŸ‡¬πŸ‡§ GBPMYR : 5.6066 , +0.14%
πŸ‡³πŸ‡Ώ AUDMYR : 2.8879 , +0.20%
πŸ‡ΈπŸ‡¬ SGDMYR : 3.2776 , -0.05%
πŸ‡ͺπŸ‡Ί EURMYR : 4.6660 , -0.28%
πŸ‡­πŸ‡° MYRHKD : 1.8049 , +0.05%
πŸ‡²πŸ‡¨ MYRIDR : 3601.2500 , +0.07%
πŸ‡ΉπŸ‡­ MYRTHB : 7.6881 , -0.19%
πŸ‡¨πŸ‡³ MYRCNY : 1.6542 , +0.07%
πŸ‡―πŸ‡΅ MYRJPY : 34.8340 , +0.30%
πŸ‘‘ Gold Spot : 2705.7900 , +0.49%
_Source: Bloomberg_

*MGS Yields*
MGS 5 year : 3.54% , +0 bps
MGS 10 year : 3.78% , -0 bps
MGS 20 year : 4.08% , +1 bps
MGS 30 year : 4.20% , +0 bps
_Source: Bloomberg_

*Daily News*
*Japan’s Inflation Slows for First Time Since April Ahead of BOJ*
Government subsidies for electricity and gas slow price gains
Deeper price gauge stripping out energy slightly quickens

*China Home Price Slump Drags On Despite Revival Efforts*
New home prices fell 0.71% at almost same pace as last month
Values of used homes also fell 0.93% in September in China

*China ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US*
KWEB’s assets are almost $5 billion less than net inflows
Long-term track record underscores risks in Chinese stocks

*Asian Stocks Rise; Treasuries Steady After Selloff*
Yen steadies after weakening past 150 per dollar on Thursday
Strong US retail sales help drive rethink on 2024 rate cuts

*Oil Advances With Focus on Middle East After Hamas Leader Death*
Netanyahu says Gaza operations ‘yet to be completed’
Economic data out of China may offer clues on outlook
_Source: Bloomberg_
ReplyForward
Add reaction

18 Oct 2024