Daily Market Update @ 20 Nov 2024

Daily Market Update @ 20 Nov 2024

*Daily Market Update*
Indicative as of 20/11/2024
 
*Index Daily Return* (Local Currency Terms)
🇺🇸 S&P 500 : +0.40%
🇺🇸 NASDAQ : +1.04%
🇪🇺 STOXX : -0.45%
🇲🇾 FBM KLCI : -0.11%
🇨🇳 Shanghai : +0.67%
🇭🇰 HSI : +0.44%
🇯🇵 Nikkei : +0.51%
_Source: Bloomberg_
 
*FX Rate*
🇺🇸 USDMYR : 4.4680 , -0.11%
🇬🇧 GBPMYR : 5.6690 , +0.37%
🇳🇿 AUDMYR : 2.9191 , +0.57%
🇸🇬 SGDMYR : 3.3407 , +0.13%
🇪🇺 EURMYR : 4.7363 , +0.37%
🇭🇰 MYRHKD : 1.7419 , +0.11%
🇲🇨 MYRIDR : 3546.3300 , +0.11%
🇹🇭 MYRTHB : 7.7224 , +0.03%
🇨🇳 MYRCNY : 1.6185 , +0.00%
🇯🇵 MYRJPY : 34.6660 , +0.83%
👑 Gold Spot : 2637.9800 , +0.22%
_Source: Bloomberg_
 
*MGS Yields*
MGS 5 year : 3.64% , -1 bps
MGS 10 year : 3.86% , -1 bps
MGS 20 year : 4.08% , -2 bps
MGS 30 year : 4.18% , -1 bps
_Source: Bloomberg_
 
*Daily News*
*Asian Stocks See Cautious Open Ahead of Nvidia*
US shares rebounded after Ukraine escalation rattled markets
Bitcoin extends post-election rally on US’s embrace of crypto

*Dollar Rally Hits ‘Choppy Waters’ as Two-Way Trading Returns*
Investors were net greenback sellers last week
Momentum indicators have reached extended levels 

*Chaos in Rio Shows a World Untethered Even Before Trump Returns*
Logistical problems, diplomatic breaches plague G-20 summit
Meeting in Brazil shows guardrails coming of rules-based order

*Ukraine Carries Out First Strike With US Missiles in Russia*
Ukraine says it struck military warehouse in border region
Russia decree allows nuclear response to more types of attacks

*China Tells Local Funds to Stop Buying LGFV Bonds Via HK Link*
PBOC asks brokers, banks to halt purchases via Bond Connect
Move is latest step to curb risks from debt-laden sector
_Source: Bloomberg_
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