Market Watch

The European Central Bank recently concluded their meeting yesterday, and among the resolutions agreed was that they will continue with the austerity measures of their bond buying programme. Listen to Stephen Innes, Senior Asia Pacific FX Trader at Oanda explain the ramifications that this will have on the markets. See omnystudio.com/listener for privacy information.

The Indonesian Rupiah has appreciated against the USD, bucking the trend against other emerging market currencies like the Ringgit which has weakened sinceTrump's win. Indonesia's ongoing fiscal reforms, its tax amnesty programme and implementation of land acquisition laws have been market-positive and provide support for the currency. See omnystudio.com/listener for privacy information.

Local oil & gas counters continue to post weaker earnings for 3Q'16, as the industry reels from weaker crude oil prices. Last week the industry saw some respite when OPEC finally cut a deal to bring down production levels. However, concerns remain over the actual deal execution and whether all OPEC members will keep to the agreement. Kenanga Research's top pick for the sector is Yinson Berhad....

As Europe comes to grips with the results of the referendum, the ECB which is set to meet on Thursday for its policy meeting will not only have to react to these risk factors, but also a Trump presidency.  See omnystudio.com/listener for privacy information.

10-year MGS bond yields have spiked reaching almost 4.45% from 3.61% in early November. Local & emerging market bonds have been under strong selling pressure recently following Trump's surprise victory and expectations of reflationary polices. All eyes will also be on the Fed next week on 13 December, as it holds its first meeting after Trump’s win to decide on the direction of interest...

We speak with Joe Quinlan of US Trust-BoA Private Wealth Management to see how markets are reacting following the result of the Italian referendum result yesterday.  See omnystudio.com/listener for privacy information.

The Italian PM has resigned following his loss in the Italian Referendum to reform the Italian political system. What will this mean to the markets and to the key currencies? Where would investors position themselves amid this volatility? We speak to Jameel Ahmad, VP of Corporate Development & Market Research at FXTM to find out more. See omnystudio.com/listener for privacy information.

Kingsley Jones, Chief Investment Officer of Jevons Global in Sydney, Australia, discusses why we're seeing a simultaneously selloff in both Treasuries and EM bonds, despite being polar opposites on the risk spectrum. See omnystudio.com/listener for privacy information.

Tim Mulholland, President of TJM Limited in Chicago discusses the weakness of the yuan and the measures imposed by the People's Bank of China to stem the yuan’s decline. See omnystudio.com/listener for privacy information.

Genting Singapore Q3'16 revenue declined 8.6% y-o-y to S$581.5m as the sector reels from a decline in gaming volumes. As a result of major typhoons, the group had to divest & pare down its stake in its Jeju integrated resort in South Korea, where its construction progress was hindered as a result. However, the group is bullish of possible greenfield ventures into Japan, where lawmakers there y...

OPEC has finally come to an agreement to reduce production by 1.2 million barrels a day to 32.5 million a day. Ben LeBrun, Market Analyst, Options Express in Sydney discusses how this deal could impact oil prices. See omnystudio.com/listener for privacy information.

We speak to Jameel Ahmad of FXTM on the ringgit movement and what it means to the Malaysian economy. On the table is also OPEC's make-or-break meeting, oil prices, the US dollar and other regional currencies. Finally, we round off the discussion with a look at the upcoming launch of the Shenzen-Hong Kong stock exchange connect link See omnystudio.com/listener for privacy information.

Dodge Dorland, Chief Investment Officer at Landor & Fuest Capital Managers discusses the reason behind the rally in US equities and how much longer the bull market cycle can last.  See omnystudio.com/listener for privacy information.

The World Bank's report on ‘Polarization and Populism' highlighted the negative impact of rising populism has on long-term global economic outlook. Wellian Wiranto, economist at OCBC Bank tells us why this is one of the his biggest concerns. See omnystudio.com/listener for privacy information.

China's strong industrial profits growth of 10% in Oct supports Joe Quinlan's 6-7% GDP growth See omnystudio.com/listener for privacy information.

RHB Research's top pick in the O&G space, Petronas Chemicals Berhad, has reached an all-time high production capacity in 3Q'16 -- the group's best performance since its listing. PetChem posted better earnings in its olefin & derivatives segment which hinges on movements in crude oil prices -- where once again OPEC will converge this week to decide on production cuts. However, PetChem's fer...

OPEC is meeting this week and this is likely to dominate discussion in the markets. Over the weekend, the world witnessed the demise of Fidel Castro at the age of 90 and is facing a post election U.S Dollar breakout rally. Cuba, in the past, has been a recipient of financial aid from OPEC as well. We speak to Stephen Innes, Senior Asia Pacific FX Analyst at Oanda to better understand what these ev...

The recent acquisition by Priceworth Berhad of an 81-year concession for timber logging & replanting rights in FMU 5, a forestry reserve in Trus Madi, Sabah is expected to lead to better earnings recovery and provide an ample supply of raw materiel for the company As the group counters falling demand from China, it also faces stresses in its balance sheet where current liabilities exceed curre...

Mikio Kumada, Global Strategist of LGT Capital Partners in Hong Kong discusses the strength of the rally in US equities and the greenback.  See omnystudio.com/listener for privacy information.

KLK Berhad closed the year underwhelmingly, where core net profit declined 6% y-o-y on the back of lower FFB output and weaker downstream contribution. Meanwhile, its bid to acquire MP Evans continues to be spurned by the latter's shareholders, insisting that the offer price undervalued the company. A weaker Ringgit has also exacerbated the situation. Hoe Lee Leng, Deputy Director of RHB Research...

International markets all closed in the green yesterday. We speak to Ben LeBrun, Market Analyst at Options Express in Sydney Australia to better understand if the markets are calming down after the initial shock of Trump winning the U.S presidential elections. See omnystudio.com/listener for privacy information.

Bank Negara says it is intervening in the currency market, to maintain orderliness and stability of the ringgit.   We explore if this move serves more advantages (than not), at what cost this move comes with, what does capital control really entail, and the mere possibility or scenario in which capital controls will be implemented. We also get industry experts' views on how much weaker can th...

Tariq Ali, Investment Strategist of Wealth Management Group at Standard Chartered Bank discusses his expectations of the pace of tightening in 2017 and how this could impact Malaysian equities and bonds. See omnystudio.com/listener for privacy information.

Going long USD is now the consensus trade. This is both good and bad for the US stock market. The strong USD also necessitates choosing your emerging market wisely. Joe Quinlan also has an unexpected ringgit view. See omnystudio.com/listener for privacy information.

The ringgit has lost much value in recent weeks, triggering Bank Negara to introduce a series of new measures to manage this drop. We speak to Benny Lee, Chief Market Strategist at Jupiter Securities to find out if these measures are enough to stem any further falls in our local currency See omnystudio.com/listener for privacy information.