*Daily Market Update*
Indicative as of 11/11/2024
*Index Daily Return* (Local Currency Terms)
S&P 500 : +0.38%
NASDAQ : +0.09%
STOXX : -0.65%
FBM KLCI : -0.13%
Shanghai : -1.00%
HSI : -1.07%
Nikkei : +0.30%
_Source: Bloomberg_
*FX Rate*
USDMYR : 4.3955 , +0.30%
GBPMYR : 5.6762 , -0.07%
AUDMYR : 2.8973 , -0.48%
SGDMYR : 3.3113 , -0.17%
EURMYR : 4.7096 , -0.31%
MYRHKD : 1.7689 , -0.28%
MYRIDR : 3565.4700 , -0.30%
MYRTHB : 7.8067 , +0.01%
MYRCNY : 1.6393 , +0.00%
MYRJPY : 34.8260 , +0.22%
Gold Spot : 2685.3100 , +0.02%
_Source: Bloomberg_
*MGS Yields*
MGS 5 year : 3.61% , -5 bps
MGS 10 year : 3.88% , -4 bps
MGS 20 year : 4.13% , -1 bps
MGS 30 year : 4.22% , -1 bps
_Source: Bloomberg_
*Daily News*
*Bond Market on Risky Path as Traders Regroup From Wild Week (1)*
Treasuries rally back from deep selloff triggered by election
But investors see chance 10-year yields retest the 5% peak
*Trump’s Win Sets Off Race to Complete Chips Act Subsidy Deals*
Companies seek to finalize agreements as quickly as possible
Republicans are brainstorming reforms to semiconductor law
*Wall Street Turns to 2016, While Stock Market Has to Live in ‘24*
Lofty valuations may cap gains, unlike in Trump’s first term
Interest rates at levels new president never faced last time
*Wall Street Bets on New Riches Ahead in Markets All-In on Trump*
Small caps, crypto and risky credit win amid buying spree
Prospects for tax cuts and deregulation lift sentiment
*Bitcoin Rises Above $81,000 as Token Becomes Totem for Trump Era*
President-elect Trump’s crypto ardor is energizing the market
Digital-asset traders predict a friendlier regulatory backdrop
_Source: Bloomberg_
Indonesia