Daily Market Report - 15 July 2025
- Wall Street ended higher despite Trump’s latest threats to impose higher tariffs on more countries.
- Traders are also monitoring earnings which are expected to be out this week.
- Meanwhile, the US 10-year yield edged higher at 4.437%.
- Over in Hong Kong, the HSI improved slightly to stay above the 24,000 level as sentiment was buoyed by better economic data as China’s exports rose 5.8% as against the forecast of 3.6%.
- On the home front, the FBM KLCI managed to strengthen marginally following a lacklustre trading day.
- Though the impact from the OPR cut was not immediately felt, we believe going forward, market velocity should improve.
- For today, we expect the index to remain within a tight trading range of between 1,535-1,545.
