Daily Market Update @ 18 Nov 2024
*Daily Market Update*
Indicative as of 18/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : +0.02%
NASDAQ : -0.26%
STOXX : -0.13%
FBM KLCI : +0.19%
Shanghai : +0.62%
HSI : -0.12%
Nikkei : -1.66%
_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4683 , +0.47%
GBPMYR : 5.6778 , +0.12%
AUDMYR : 2.9010 , -0.14%
SGDMYR : 3.3270 , +0.02%
EURMYR : 4.7210 , -0.11%
MYRHKD : 1.7414 , -0.44%
MYRIDR : 3532.4800 , -0.47%
MYRTHB : 7.8144 , -0.35%
MYRCNY : 1.6266 , +0.00%
MYRJPY : 34.8440 , +0.04%
Gold Spot : 2571.2900 , -0.07%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.66% , +4 bps
MGS 10 year : 3.87% , +1 bps
MGS 20 year : 4.11% , +0 bps
MGS 30 year : 4.19% , -0 bps
_Source: Bloomberg_
*Daily News*
*China’s Economy Forecast to Show Modest Pick-Up After Stimulus*
Industrial output, retail sales to grow at faster pace: survey
Trump’s return and tariff threats may derail nascent recovery
*China’s New Dollar Bonds Yield Almost the Same as US Treasuries*
Investors bid for 20 times the bonds on offer at sale
Dollar bond sale in Saudi Arabia as China-Mideast ties deepen
*Fed Officials Fret Over How Far They Can Lower Interest Rates*
Elevated uncertainty causing officials to urge caution on cuts
Policymakers still showing confidence over inflation path
*Markets See 80% Chance of December Fed Cut After Inflation Data*
Treasury two-year yield falls as much as 10 basis points
Measure of underlying US inflation remained firm in October
*Bitcoin Rises Above $90,000 as Rally Resumes on Trump Optimism*
Largest digital asset is setting record after record
Traders mull how much of Trump crypto rhetoric is priced in
_Source: Bloomberg_
Indicative as of 18/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : +0.02% NASDAQ : -0.26% STOXX : -0.13% FBM KLCI : +0.19% Shanghai : +0.62% HSI : -0.12% Nikkei : -1.66%_Source: Bloomberg_
*FX Rate*
USDMYR : 4.4683 , +0.47% GBPMYR : 5.6778 , +0.12% AUDMYR : 2.9010 , -0.14% SGDMYR : 3.3270 , +0.02% EURMYR : 4.7210 , -0.11% MYRHKD : 1.7414 , -0.44% MYRIDR : 3532.4800 , -0.47% MYRTHB : 7.8144 , -0.35% MYRCNY : 1.6266 , +0.00% MYRJPY : 34.8440 , +0.04% Gold Spot : 2571.2900 , -0.07%_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.66% , +4 bps
MGS 10 year : 3.87% , +1 bps
MGS 20 year : 4.11% , +0 bps
MGS 30 year : 4.19% , -0 bps
_Source: Bloomberg_
*Daily News*
*China’s Economy Forecast to Show Modest Pick-Up After Stimulus*
Industrial output, retail sales to grow at faster pace: survey
Trump’s return and tariff threats may derail nascent recovery
*China’s New Dollar Bonds Yield Almost the Same as US Treasuries*
Investors bid for 20 times the bonds on offer at sale
Dollar bond sale in Saudi Arabia as China-Mideast ties deepen
*Fed Officials Fret Over How Far They Can Lower Interest Rates*
Elevated uncertainty causing officials to urge caution on cuts
Policymakers still showing confidence over inflation path
*Markets See 80% Chance of December Fed Cut After Inflation Data*
Treasury two-year yield falls as much as 10 basis points
Measure of underlying US inflation remained firm in October
*Bitcoin Rises Above $90,000 as Rally Resumes on Trump Optimism*
Largest digital asset is setting record after record
Traders mull how much of Trump crypto rhetoric is priced in
_Source: Bloomberg_
18 Nov 2024
