fbpx

Gold Spot

Gold held on to gains on Tuesday as the dollar remained under pressure, with prospects for more stimulus buoying bullion’s appeal as an inflation hedge. The value of the U.S. dollar should be determined by markets, Janet Yellen, U.S. President-elect Joe Biden’s nominee for Treasury Secretary, told Senate lawmakers at her confirmation hearing on Tuesday.

Technical Resistance: 1856/1864

Technical support: 1833/1800

Market headlines:

  • Wall Street closes higher as Yellen backs more stimulus
  • Foreign holdings of U.S. Treasuries slide for 4th month in November
  • The Malaysia Government unveils RM15b PERMAI stimulus package for MCO 2.0
  • USDMYR traded at 4.0475

Economic data:

  • 20 Jan 2021 Malaysia time 9:30 am – China PBoC Loan Prime Rate
  • 20 Jan 2021 Malaysia time 3:00 pm – Bank Negara Malaysia OPR rate decision
  • 20 Jan 2021 Malaysia time 9:30 pm – Eurozone CPI (YoY) (Dec)

 

Wall Street closes higher as Yellen backs more stimulus

Wall Street’s main indexes rose on Tuesday as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package before lawmakers to help the world’s largest economy ride out a pandemic-driven slump. At her confirmation hearing, Yellen said the benefits of a big package outweigh the costs of a higher debt burden. President-elect Joe Biden, who will be sworn into office on Wednesday, outlined a $1.9 trillion stimulus package proposal last week to jump-start the economy and accelerate the distribution of vaccines.

Foreign holdings of U.S. Treasuries slide for 4th month in November

Foreign holdings of U.S. Treasuries declined for a fourth straight month in November, with Japan reducing its load of U.S. debt for four consecutive months as well, data from the U.S. Treasury department showed on Tuesday. Foreign investors held $7.053 trillion in U.S. government debt in November, down from $7.068 trillion the previous month. Japan’s holdings, the largest non-U.S. holder of Treasuries, slipped to $1.260 trillion in November from $1.269 trillion in October.

The Malaysia Government unveils RM15b PERMAI stimulus package for MCO 2.0

The government has unveiled PERMAI, its fifth economic stimulus package to date, worth RM15 billion spread over 22 initiatives aimed at combating the Covid-19 outbreak, safeguarding the welfare of the people and supporting business continuity following the implementation of the second movement control order (MCO 2.0).

 

 

Source: Bloomberg, CNBC, Reuters, The Edge

黄金现货

金价周二守住涨幅,因美元仍承压,更多刺激措施出台的前景提振了黄金作为通胀对冲工具的吸引力。美国当选总统拜登提名的美国财政部长叶伦周二在参议院确认听证会上表示,美元的价值应由市场决定。

技术阻力:1856/1864

技术支持 :1833/1800

主要头条:

  • 耶伦支持更多刺激措施,华尔街收高
  • 外国持有的美国国债在11月连续第4个月下滑
  • 马来西亚政府推出针对MCO 2.0的RM15b PERMAI刺激配套
  • 美元兑马币交易 RM 4.0475

 

经济数据:

  • 1月20日马来西亚时间 9:30 am- 中国央行贷款市场报价利率(LPR)
  • 1月20日马来西亚时间 3:00 pm- 马来西亚利率决议
  • 1月20日马来西亚时间 9:30 pm- 欧元区CPI年率(%) (同比) (十二月)

 

耶伦支持更多刺激措施,华尔街收高

华尔街主要指数周二上涨,美国财政部长提名人珍妮特·耶伦(Janet Yellen)提倡采取大规模的财政救助方案,然后立法者帮助世界上最大的经济体摆脱大流行病带来的萧条。 耶伦在确认听证会上说,大包裹的好处超过了债务负担增加的代价。总统当选人拜登,谁将会在周三宣誓就职,上周提出了一个$1.9万亿的一揽子建议,以启动经济,加快疫苗分发。

外国持有的美国国债在11月连续第4个月下滑

美国财政部周二公布的数据显示,11月外国持有的美国国债连续第四个月下降,日本也连续四个月减少了美国的债务负担。 11月,外国投资者持有美国政府债券7.053万亿美元,低于上月的7.068万亿美元。 日本持有的非美国最大国债,从10月份的1.269万亿美元降至11月份的1.260万亿美元。

马来西亚政府推出针对MCO 2.0RM15b PERMAI刺激配套

政府已发布PERMAI,这是至今为止的第五个经济刺激计划,价值150亿令吉,分布在22项旨在打击Covid-19疫情,维护人民福祉和支持第二份运动控制令实施后的业务连续性的计划中( MCO 2.0)。

 

资料来源: Bloomberg, CNBC, Reuters