Daily Market Update @ 13 Nov 2024
*Daily Market Update*
Indicative as of 13/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : -0.29%
NASDAQ : -0.09%
STOXX : -1.98%
FBM KLCI : -0.05%
Shanghai : -1.10%
HSI : -2.84%
Nikkei : -0.40%
_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4410 , +0.06%
GBPMYR : 5.6574 , -0.60%
AUDMYR : 2.8977 , -0.21%
SGDMYR : 3.3160 , -0.01%
EURMYR : 4.7148 , -0.03%
MYRHKD : 1.7515 , -0.09%
MYRIDR : 3553.1100 , -0.08%
MYRTHB : 7.8493 , -1.05%
MYRCNY : 1.6301 , +0.00%
MYRJPY : 34.8580 , +0.39%
Gold Spot : 2599.1900 , +0.03%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.61% , +1 bps
MGS 10 year : 3.86% , +1 bps
MGS 20 year : 4.11% , +1 bps
MGS 30 year : 4.20% , -0 bps
_Source: Bloomberg_
*Daily News*
*Dollar Gains Before US CPI as Rate Bets Are Pared*
Traders are now pricing in about two US rate cuts through June
Stocks in Japan, Australia decline after S&P 500 rally falters
*Traders Ramp Up Bets on a Treasury Selloff After Trump’s Win*
Treasury futures’ open interest rises as yields have climbed
New bearish positions face inflation data test on Wednesday
*China Seen Countering Trump Tariffs With Stimulus, Weaker Yuan*
Most economists expect Beijing to raise broad budget deficit
China likely to target farm goods in response to Trump levies
*China Plans to Slash Homebuying Taxes in Fiscal Stimulus Push*
Home purchase deed tax could be cut to 1% from 3%
Move signals more fiscal support for the sluggish economy
*Bitcoin Nears $90,000 as Crypto Market Exceeds Pandemic-Era Peak’*
Token surged on optimism over President-elect Trump’s agenda
Value of crypto market hit all-time high of some $3.1 trillion
_Source: Bloomberg_
Indicative as of 13/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : -0.29% NASDAQ : -0.09% STOXX : -1.98% FBM KLCI : -0.05% Shanghai : -1.10% HSI : -2.84% Nikkei : -0.40%_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4410 , +0.06% GBPMYR : 5.6574 , -0.60% AUDMYR : 2.8977 , -0.21% SGDMYR : 3.3160 , -0.01% EURMYR : 4.7148 , -0.03% MYRHKD : 1.7515 , -0.09% MYRIDR : 3553.1100 , -0.08% MYRTHB : 7.8493 , -1.05% MYRCNY : 1.6301 , +0.00% MYRJPY : 34.8580 , +0.39% Gold Spot : 2599.1900 , +0.03%_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.61% , +1 bps
MGS 10 year : 3.86% , +1 bps
MGS 20 year : 4.11% , +1 bps
MGS 30 year : 4.20% , -0 bps
_Source: Bloomberg_
*Daily News*
*Dollar Gains Before US CPI as Rate Bets Are Pared*
Traders are now pricing in about two US rate cuts through June
Stocks in Japan, Australia decline after S&P 500 rally falters
*Traders Ramp Up Bets on a Treasury Selloff After Trump’s Win*
Treasury futures’ open interest rises as yields have climbed
New bearish positions face inflation data test on Wednesday
*China Seen Countering Trump Tariffs With Stimulus, Weaker Yuan*
Most economists expect Beijing to raise broad budget deficit
China likely to target farm goods in response to Trump levies
*China Plans to Slash Homebuying Taxes in Fiscal Stimulus Push*
Home purchase deed tax could be cut to 1% from 3%
Move signals more fiscal support for the sluggish economy
*Bitcoin Nears $90,000 as Crypto Market Exceeds Pandemic-Era Peak’*
Token surged on optimism over President-elect Trump’s agenda
Value of crypto market hit all-time high of some $3.1 trillion
_Source: Bloomberg_
13 Nov 2024
