Market Morning Brief [ 17 July 2017 ]

US Market :
Stocks rose to record levels on Friday as earnings season kicked off. The S&P climbed 0.6 percent to close at 2,459.27, setting intraday and closing records. The Dow Jones industrial average also set new records. The major indexes have overcome several hurdles recently to climb back to record territory.

Europe Market :
European stock markets closed mixed Friday as investors digested earnings reports from banks and monitored developments from a meeting between the French and U.S. presidents.

Precious Metal :
Gold prices ticked higher on Friday as the dollar retreated, but it was vulnerable to further losses ahead of key U.S. economic data later in the day and an ECB meeting next week.

Crude Oil :
Oil prices edged higher in volatile trading on Friday as signs of strengthening demand was offset by still-high global stocks and concerns about economic growth.



Indices & Commodities :
DJIA: 21,637.74 (+84.65)
S&P500: 2,459.27 (+11.44)
NASDAQ: 6,312.46 (+38.03)
DAX: 12,631.72 (-9.61)
FTSE: 7,378.39 (-35.05)
EuroStoxx50: 3,522.42 (-5.41)
Comex Gold: 1,227.5 (+10.2)
Comex Copper: 2.6910 (+.0295)
WTI Crude Oil: 46.54 (+.46)
Crude Oil: 48.91 (+.49)

Economic Events :
🇯🇵 Holiday Japan – Ocean Day
10.00AM – CNY GDP (YoY) (Q2), Industrial Production (YoY) (Jun)
5.00PM – EUR CPI (YoY) (Jun)
6.45AM – NZD CPI (QoQ) (Q2)

FX & Bonds :
USD/MYR – 4.295
EUR/USD – 1.146
GBP/MYR – 5.625
AUD/MYR – 3.363
SGD/MYR – 3.125
Msia 10 yr Yield – 3.97%

14/7/2017 Bursa Trade Stat :
Retail (19.8%) – net BUY 19.5mil
Institution (58.7%) – net SELL 72.7mil
Foreign (21.5%) – net BUY 53.2mil
Total traded value 1804.3mil






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