*Daily Market Update*
Indicative as of 15/11/2024
*Index Daily Return* (Local Currency Terms)
![πΊπΈ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1fa_1f1f8/72.png)
S&P 500 : -0.60%
![πΊπΈ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1fa_1f1f8/72.png)
NASDAQ : -0.64%
![πͺπΊ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ea_1f1fa/72.png)
STOXX : +1.08%
![π²πΎ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1f2_1f1fe/72.png)
FBM KLCI : -0.67%
![π¨π³](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1e8_1f1f3/72.png)
Shanghai : -1.73%
![ππ°](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ed_1f1f0/72.png)
HSI : -1.96%
![π―π΅](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ef_1f1f5/72.png)
Nikkei : -0.48%
_Source: Bloomberg_
*FX Rate*
![πΊπΈ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1fa_1f1f8/72.png)
USDMYR : 4.4902 , +0.10%
![π¬π§](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ec_1f1e7/72.png)
GBPMYR : 5.6845 , +0.13%
![π³πΏ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1f3_1f1ff/72.png)
AUDMYR : 2.8956 , -0.13%
![πΈπ¬](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1f8_1f1ec/72.png)
SGDMYR : 3.3336 , +0.11%
![πͺπΊ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ea_1f1fa/72.png)
EURMYR : 4.7269 , +0.17%
![ππ°](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ed_1f1f0/72.png)
MYRHKD : 1.7332 , -0.10%
![π²π¨](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1f2_1f1e8/72.png)
MYRIDR : 3532.5400 , -0.11%
![πΉπ](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1f9_1f1ed/72.png)
MYRTHB : 7.7991 , -0.04%
![π¨π³](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1e8_1f1f3/72.png)
MYRCNY : 1.6118 , +0.00%
![π―π΅](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f1ef_1f1f5/72.png)
MYRJPY : 34.9060 , +0.30%
![π](https://fonts.gstatic.com/s/e/notoemoji/15.1/1f451/72.png)
Gold Spot : 2566.6000 , +0.07%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.66% , +1 bps
MGS 10 year : 3.87% , +0 bps
MGS 20 year : 4.11% , +0 bps
MGS 30 year : 4.20% , +0 bps
_Source: Bloomberg_
*Daily News*
*Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong*
He sees inflation on ‘sometimes-bumpy’ path toward 2% target
Economy’s strength allows Fed to approach decisions carefully
*Yields on New China Dollar Bonds Fall Below Treasuries in Debut*
Investors bid for 20 times the bonds on offer at sale
Three-year note traded about 24 basis points under Treasuries
*Japan Lifts Asian Equities, Dollar Rally Cools*
Swaps show market confidence eroding for Fed interest rate cut
S&P 500 has worst day in two weeks as election rally stalls
*US Adds South Korea to Foreign-Exchange Monitoring Watchlist*
List also includes Japan, Taiwan, China, Vietnam, Singapore
US finds no major trading partner manipulated its currency
*World Oil Market Faces Million-Barrel Glut in 2025, IEA Says*
Chinese demand contracts for six straight months to September
Oil glut will be even bigger if OPEC+ revives production: IEA
_Source: Bloomberg_