*Daily Market Update*
Indicative as of 16/10/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : -0.76%
NASDAQ : -1.01%
STOXX : -0.80%
FBM KLCI : +0.33%
Shanghai : -2.66%
HSI : -3.67%
Nikkei : +0.57%
_Source: Bloomberg_
*FX Rate*
USDMYR : 4.3090 , -0.02%
GBPMYR : 5.6310 , -0.13%
AUDMYR : 2.8791 , -0.48%
SGDMYR : 3.2907 , -0.11%
EURMYR : 4.6910 , -0.26%
MYRHKD : 1.8027 , +0.03%
MYRIDR : 3617.7800 , +0.03%
MYRTHB : 7.7352 , +0.04%
MYRCNY : 1.6519 , +0.00%
MYRJPY : 34.6350 , +0.25%
Gold Spot : 2663.5600 , +0.04%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.56% , +0 bps
MGS 10 year : 3.79% , +1 bps
MGS 20 year : 4.08% , +0 bps
MGS 30 year : 4.20% , +0 bps
_Source: Bloomberg_
*Daily News*
*Asian Stocks Slide as Tech Selloff Hurts Risk Mood*
Dutch chip giant ASML plunged after cutting guidance for 2025
Global equity optimism flashes sell signal, BofA survey shows
*China Housing Minister Plans Thursday Briefing With Central Bank*
Event on Thursday will focus on boosting China property sector
PBOC, Finance Ministry officials are among expected speakers
*Fed’s Bostic Says US Employment and Growth to Stay Robust*
Atlanta Fed boss confident inflation is dropping back to 2%
He again says he has projected one more half-point cut in 2024
*Southeast Asia Faces Dueling Rate Calls: Decision-Day Guide*
Indonesia seen holding rates with Philippines likely to cut
Bank of Thailand may again resist government pressure to cut
*Oil Climbs With Middle East Risks and Chinese Demand in Focus*
Global benchmark Brent rebounds after tumbling on Tuesday
Israeli leader says nation free to act on Iran as it chooses
_Source: Bloomberg_
Philippines