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Global Stock Market 
 
US Stock Market | Asian Stock Market | Currency Markets | Bond Markets | Previous Reports
 
 
STOCK MARKETS
Currency Markets
per US$
Short Term
Interest Rates (%)
U.S. MARKETS
Sep 17
Change
% CHG
YTD
%CHG
Sep 17
Change
YTD
%CHG
Sep 17
Jan 2 2013
Dow Jones/U.S.
17156.85
24.88
0.15
3.50
0.23
0.24
Nasdaq
4562.19
9.43
0.21
9.23
S&P 500
2001.57
2.59
0.13
8.29
PLDT ADR (US$)
74.86
-0.64
-0.85
24.60
EUROPE
DAX/Euro
9661.50
28.57
0.30
1.14
1.29
-0.01
-6.55
0.08
0.28
DJ Euro Stoxx 50
3237.44
15.71
0.49
4.13
ASIAN MARKETS
Philippines
7231.84
51.50
0.72
22.79
44.26
0.03
0.31
1.54
0.57
Hong Kong
24376.41
240.40
1.00
4.59
7.75
-0.00
0.04
0.37
0.38
Singapore
3296.48
23.86
0.73
4.07
1.27
0.01
-0.40
0.77
0.77
Malaysia     
1843.78
-3.52
-0.19
-1.24
3.22
-0.01
1.90
3.74
3.31
Thailand  
1570.64
5.23
0.33
20.94
32.30
0.10
1.36
2.40
2.40
Indonesia
5188.18
57.68
1.12
21.38
11970.00
-1.00
1.68
8.10
7.86
Japan 
15888.67
-22.86
-0.14
-2.47
108.37
1.24
-2.75
0.12
0.15
South Korea  
2062.61
19.69
0.96
2.55
1034.90
-1.85
2.02
2.35
2.66
China
2307.89
11.34
0.49
9.07
6.14
-0.01
-1.38
2.60
2.60
U.S. Equity Market
U.S. stocks managed to gain on Wednesday as dealers reacted to the outcome of the FOMC meeting with the Fed retaining its relatively dovish stance. The Fed signaled that rates would remain low for a considerable amount of time signaling that accommodative monetary policy would be around for a little longer. On average, U.S. stocks closed 0.16% higher.
Asian Stock Market
Asian stocks were mostly higher as investors tracked the gains seen on Wall Street as investors pared their expectations for an overly hawkish Fed. Optimism however was tempered some analysts remained wary over any possible surprises from the FOMC. Bargain hunting lifted most shares as risk sentiment also received a boost on reports of stimulus efforts from the PBOC to help bolster the Chinese economy. Tiptoeing lower however were shares in Japan and Malaysia with the Nikkei heading lower on profit-taking taking while shares in Kuala Lumpur played catch-down after returning from a holiday. On average, prices of Asian stocks bounced by 0.48%.
Currency Markets
Asian currencies continued to recover against the USD as fears over an abrupt shift in the Fed's tone dissipated and as the PBOC swiftly moved to bolster risk appetite with their own stimulus program. Risk currencies had been broad-sided just last week as trepidation over the FOMC meeting forced dealers to unload risk currencies in favor of the Dollar. Asian currencies also received an added bonus from the return of foreign players in respective domestic equity markets. The GBP appreciated by 0.32% as CPI was reported in-line and as the latest poll results showing that support for Scottish independence was fading. Meanwhile, the SGD retreated against the Dollar as export data showed contracting shipments to major markets like Europe as the economic crunch begins to take its toll on trading partners. The AUD reversed its early strength to depreciate as stocks in Australia retreated. On average, the U.S. Dollar depreciated by 0.01%.
Bond Market
U.S. Treasury yields drifted higher despite assurances from the Fed that rates would remain low for a considerable time. Investors grew increasingly wary over the prospects of an early and rapid rate hike cycle by the Fed come 2015. The yield for the benchmark 10-year Treasury increased by 3 basis points while on average, yields for treasuries closed 3 basis points higher as well.
US Treasury Bonds as of 9/17/2014
Tenor
Yield (%)
Change
3-month
0.02
0.01
 2-year
0.57
0.03
5-year
1.83
0.06
10-year
2.62
0.03
30-year
3.37
0.01
 
(News sources: Reuters, AFX, Dow Jones, Bloomberg)
 
 
 
 
The information contained herein is based on sources which we believe are reliable but is not guaranteed by us. This report is provided for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell the security or currency mentioned herein. BPI and its affiliates may from time to time have positions and may buy or sell the security or currency described herein.


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