18/04/2022
📣 *iFAST Daily Market Brew* 📣
*Monday, April 18, 2022*
*Few major markets were closed for Good Friday; China kept MLF rates unchanged*
🇺🇸 S&P 500: Market Closed
🇺🇸 NASDAQ: Market Closed
🇪🇺 Stoxx 600: Market Closed
🇯🇵 Nikkei 225: -0.29% 📉
🇭🇰 HSI Index: Market Closed
🇨🇳 CSI 300: -0.07% 📉
🇲🇾 FBM KLCI: -0.42% 📉
🇲🇾 FBM Small Cap: -0.31% 📉
(returns in local currency terms, data as of 15 April 2022)
• *Asia Pacific markets* lower on *Friday* with *CSI 300 down -0.1%* as China PBOC kept MLF rates unchanged while the announcement on RRR cut was after market closed.
• Japan’s *Nikkei 225 was down -0.3%* following the weak overnight sentiment on Wall Street as bond yield continued to move higher.
• *FBM KLCI index was down -0.4% (6.69) to close at 1,589.01*, mirroring the weak regional market sentiment while market breath was negative with 487 losers versus 310 gainers.
💡 *Events Ahead*: 💡
• On *Monday*, there is National Core CPI y/y from *Japan*, GDP y/y, Fixed Asset Investments YTD/y, Industrial Production y/y, Retail Sales y/y, and Unemployment Rate from *China* and Exports & Imports y/y from *Malaysia*.
• *Japan* to report Revised Industrial Production m/m on *Tuesday*.
• *Wednesday*, we have German ifo Business Climate and Industrial Production m/m from *EU* and Tertiary Industry Activity m/m from *Japan*, and 1-Year Loan Prime Rate from *China*.
• There will be Unemployment Claims from *US*, EU & German Flash Manufacturing & Services PMI, Final CPI & Final Core CPI y/y, and Consumer Confidence from *EU* and Flash Manufacturing PMI from *Japan* on *Thursday*.
• Lastly on *Friday*, *US* will report Flash Markit Manufacturing & Services PMI and *Malaysia* will report CPI y/y.
💡 *iFAST’s 5 Things You Need To Know Today*: 💡
1. *The People's Bank of China (PBOC) to cut the reserve requirement ratio (RRR)* for all banks by 25 basis points, effective from April 25.
2. *Singapore's Prime Minister Lee Hsien Loong: ''The plan is for Lawrence to succeed me as PM*, either before or after (if the PAP wins) the next General Election. It is due in 2025 and will surely be a tough fight."
3. *SINOVAC: ''COVID-19 vaccine (Omicron strain) has been approved for clinical trial* in Hong Kong, China.''
4. *Sri Lanka Finance Minister, Ali Sabry*: "We may need 3-4 billion cash injections from external sources for the rest of the year," ahead of its *talks with International Monetary Fund (IMF) between 19 -24 April*.
5. White House: ''*President Biden will host the Leaders of the Association of Southeast Asian Nations (ASEAN) in Washington, DC* on May 12 and 13 for a U.S.-ASEAN Special Summit.''
✅ *Key Takeaways*:
There is always something for investors to fear about in the market. Therefore, the important of staying invested for the long term and hopefully this can help investors to stay focus on the fundamentals and cancel out short term distractions/noises.
📣 *iFAST 每日市场快讯* 📣
*2022 年 4 月 18 日星期一*
*几个主要市场因耶稣受难日休市；中国维持MLF利率不变*
🇺🇸 标准普尔 500 指数：市场休市
🇺🇸 纳斯达克：市场休市
🇪🇺 Stoxx 600：市场休市
🇯🇵 日经 225：-0.29% 📉
🇭🇰 恒指：收市
🇨🇳 CSI300：-0.07% 📉
🇲🇾 富时大马隆综合指数：-0.42% 📉
🇲🇾 FBM 小型股：-0.31% 📉
（以当地货币计算的回报，截至 2022 年 4 月 15 日的数据）
• 周五亚太市场走低，CSI300 指数下跌-0.1%，原因是中国央行维持MLF 利率不变，而降准是在收市后宣布。
• 日本日经225指数下跌-0.3%，因隔夜华尔街情绪疲弱，债券收益率继续走高。
• 富时大马综指下跌-0.4%（6.69），收于1,589.01，反映区域市场情绪疲弱，而市场情绪为负面，487 家下跌对 310 家上涨。
💡 *未来活动*：💡
• 周一有来自日本的全国核心CPI y/y、GDP y/y、固定资产投资y/y、工业生产y/y、零售销售y/y、中国失业率和进出口数据y/来自马来西亚。
• 日本将于周二公布修正后的工业生产月率。
• 周三，我们有来自欧盟的德国 ifo 商业环境和工业生产月率月率和来自日本的第三产业活动月率，以及来自中国的 1 年期贷款最优惠利率。
• 周四将有美国、欧盟和德国的初请失业金人数、CPI 和最终核心CPI y/y，以及欧盟消费者信心指数和日本制造业PMI 初值。
• 最后周五，美国将公布 Flash Markit 制造业和服务业采购经理人指数，马来西亚将公布 CPI 同比。
💡 *今日须知五件事*💡
1.中国人民银行（PBOC）将所有银行的存款准备金比率（RRR）下调25个基点，从4月25日起开始生效。
2. 新加坡总理李显龙：“计划是让劳伦斯在下届大选之前或之后（如果行动党获胜）接替我担任总理。它将于 2025 年到期，肯定会是一场艰苦的战斗。”
3. SINOVAC：“COVID-19 疫苗（Omicron 株）已获准在中国香港进行临床试验。”
4. 斯里兰卡财政部长阿里·萨布里：“在今年剩余时间里，我们可能需要从外部来源注入 3-40 亿美元的现金，”在 4 月 19 日至 24 日与国际货币基金组织 (IMF) 进行会谈之前。
5. 白宫：“拜登总统将于 5 月 12 日至 13 日在华盛顿特区接待东南亚国家联盟 (ASEAN) 领导人，参加美国-东盟特别峰会。”
✅ *要点*：
市场上总是不乏让投资者担心的事情。因此，长期保持投资就显得非常重要，希望此投资策略可以帮助投资者专注于基本面以及消除短期干扰/噪音。
