
16 December 2021
Omicron Variant Negative Sentiment
Market participants are still overshadowed by fears of the rapid spread of the Covid-19 virus, the Omicron variant, after the UK recorded its first death from the variant.
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16 December 2021
Market participants are still overshadowed by fears of the rapid spread of the Covid-19 virus, the Omicron variant, after the UK recorded its first death from the variant.
14 December 2021
The market movement at the beginning of the week was influenced by a number of releases of domestic economic data.
13 December 2021
The benchmark series of Government Securities (SUN) FR0087 and FR0088 closed at the same level of 6.29% last weekend.
10 December 2021
A number of market participants took selective buying, amid rising 10-year US Treasury yields, which broke the 1.5% level. The movement of the Government Bond (SUN) market yesterday was also supported by positive sentiment the Consumer Confidence Index (IKK) for the November 2021 period rose to a level of 118.5. This indicates strong consumer confidence in the domestic economy.
8 December 2021
Yesterday's movement in the Government Securities (SUN) market was in the midst of the release of data on Foreign Exchange Reserves (Cadev) which was relatively stable. The easing of concerns about the impact of the Covid-19 variant of the Omicron has again raised investor optimism. On the other hand, investors are still watching the yield on the 10-year US Treasury rise above the 1.4% level; after dropping last week.