Skip to main content

Posts

Showing posts with the label global bond

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Post a Comment
Read more

BOJ Shocks Markets With 31-Year High Rate and What It Signals Next

Japan has officially entered a new era of monetary policy and markets are paying attention. Key Points BOJ raises interest rate to 1% — highest since 1995 Marks a clear shift away from  ultra-loose policy era Signals  further policy normalisation ahead Bond purchases to remain steady until  April 2027 Decision passed  7-1 vote , showing broad support Meeting held  without Governor Kazuo Ueda  (hospitalised) Japan is no longer the world’s last ultra-low-rate holdout and that changes global capital flows. Why This Matters For years, Japan anchored global liquidity with: Near-zero interest rates Massive bond buying Cheap funding for global investors Now, that anchor is shifting. Higher Japanese rates = less global liquidity + potential capital rotation back to Japan Market Impact to Watch Yen:  Likely to strengthen over time Global bonds:  Upward pressure on yields Equities:  Possible volatility as cheap liquidity fades This could trigger an...
Post a Comment
Read more

Bond Market Fear Gauge Hits 9-Month High as War Fuels Inflation Shock

US  Treasury  volatility  has  surged  to  its  highest  level  in  nine  months,  as  the  Iran  war  disrupts  rate  expectations  and  revives  fears  of  persistent  inflation. MOVE  Index  Spikes  as  Inflation  Worries  Mount The  ICE BofA MOVE Index  —  widely  known  as  the  bond  market’s “ fear  gauge” —  climbed  to  levels  last  seen  in  June. The  jump  reflects: Elevated  oil  prices Rising  inflation  expectations Reduced  confidence  in  Treasuries  as  safe- haven  assets Key  Point:  Bond  investors  are  now  pricing  in  greater  uncertainty  around  inflation  and  Federal  Reserve  policy. Long- Term...
Post a Comment
Read more

Global Bonds Recover as US Economic Outlook Deteriorates

Global bond markets have rebounded from earlier losses this year, driven by mounting concerns about the US economic outlook. The shift toward fixed-income assets reflects investors' growing caution in response to a series of disappointing economic indicators. Key Developments Bloomberg Global Bond Index: The index, which tracks global sovereign and corporate debt, has gained 1% for 2024 after experiencing a decline of 4.6% in mid-April. The index surged 2.3% last week alone, marking a significant turnaround. US Treasury Yields: 10-Year Yields: Fell five basis points in Asia on Monday, following a 19 basis points drop on Friday. The decline in yields was triggered by the worse-than-expected US non-farm payrolls report, which showed a slowdown in hiring and an increase in the jobless rate to a three-year high. Asian Bond Markets: Japan's 10-Year Benchmark Yield: Plunged 17 basis points . New Zealand's 10-Year Yields: Dropped 10 basis points . Market Reactions and Insi...
Post a Comment
Read more