•On Tuesday, Americans will head to the polls to elect a new president while also voting in elections for the US senate, the House of Representatives as well as state governorships and state legislatures.
•The US Federal Open Market Committee (FOMC) will meet on Wednesday and Thursday, with the interest rate decision expected this Friday, delayed by a day due to the U.S. elections. Investors are anticipating that the Fed will cut its key interest rate by 25 basis points.
•Anticipation for the week is further heightened by the release of U.S. corporate earnings as more than 1,700 U.S. companies including 100 from the S&P 500 are slated to report their 3Q earnings.
•On the local front, Bank Negara Malaysia (BNM) is also set to announce its monetary policy decision on Wednesday with the market expecting BNM to keep the overnight policy rate (OPR) unchanged.
•Investors who wish to gain exposure to the local and foreign markets in the coming weeks may consider the index warrants in the image above.
Verified Account
The official account of Macquarie Warrants Malaysia
Macquarie, a leading warrant issuer in Asia, provides state-of-the-art market making, education on warrants, and an array of tools for warrant traders. Macquarie Warrants Malaysia issues and market makes structured warrants listed on Bursa Malaysia. The content on this channel has not been reviewed by the Securities Commission Malaysia | Contact: 03-20598840 | Disclaimer : bit.ly/MQdisclaimer
Verified Account
The official account of Macquarie Warrants Malaysia
Macquarie, a leading warrant issuer in Asia, provides state-of-the-art market making, education on warrants, and an array of tools for warrant traders. Macquarie Warrants Malaysia issues and market makes structured warrants listed on Bursa Malaysia. The content on this channel has not been reviewed by the Securities Commission Malaysia | Contact: 03-20598840 | Disclaimer : bit.ly/MQdisclaimer