Market Watch

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  US Stocks At Near Record High, At A Time Bond Yield Is Rising 01.10.2026 13min

  Global equities closed the quarter near record highs, even with oil up 40% and the US 10-year Treasury yield above 5.2%. US PCE inflation came in cooler than expected at 3.4%, but rising oil is pulling yields up with it, and Australia is already hiking into 4% inflation. So is the bond market warning about something stock investors don't want to hear? We speak to Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Oil, Yields & the AI Money Machine 30.09.2026 13min

  Investors head into the fourth quarter facing oil above US$100, elevated bond yields and another crucial round of US inflation and employment data that could shape the Federal Reserve’s next move. Meanwhile, Nvidia’s enormous US$150 billion share-buyback programme is highlighting just how much cash the AI boom is generating at its biggest beneficiaries. With bonds offering increasingly attractive returns, are equities still worth the additional risk as markets enter the final months of the year?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Is the Worst Over for China A-Shares? 29.09.2026 9min

  After four brutal years near one-year lows, could China’s mainland stock market finally be quietly carving out a bottom? While the benchmark CSI 300 remains in the red, subtle signs of momentum are beginning to emerge under the surface. Eric Khaw, Senior Portfolio Manager at Amova Asset Management, joins Market Watch to explore whether a true turning point is taking shape for mainland equities.Eric weighs in on where the true winners and losers are emerging, whether the momentum in technology is broad-based or dangerously concentrated, and how he is positioning for mainland A-shares today.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  The Geopolitical Shock That Could Reprice Everything 28.09.2026 12min

  Higher oil prices, rising Treasury yields and the prospect of further Fed rate hikes are putting pressure on US markets. Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management, discusses the risks to corporate earnings, US-China trade and what the latest moves in gold and silver are telling investors.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Will US-China Truce Break After US Midterm Elections? 28.09.2026 13min

  Despite a temporary US-China agreement on reciprocal tariff reductions and 10-year Treasury yields reaching 5.23%, global markets face mounting pressure from sticky inflation and rising geopolitical tensions. Laurent Lequeu, Independent Market Analyst and Writer of The Macro Butler newsletter, joins The Morning Run to discuss how capital is reacting and why the current trade truce may break down after the US midterm elections. Laurent also examines why the Federal Reserve is likely to prioritise sticky inflation over employment numbers with another potential rate hike, whether stock valuations can remain resilient against 5% yields, and why physical gold and real assets remain prime hedges as distrust in government debt and dollar weaponisation grows.See omnystudio.com/listener for privacy information.
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  Oil at $106, AI Debt Strain, & Bond Yield Spikes 25.09.2026 12min

  With Brent crude holding above $100 a barrel and 10-year US Treasury yields pressing past 5.19%, global markets are navigating a complex mix of rising inflation expectations, rate hike pressures, and corporate debt strain. Tony Nash, CEO of Complete Intelligence, joins The Morning Run to unpack where international markets are heading next.Tony addresses the direct correlation between elevated energy prices and surging bond yields, the growing market unease over AI infrastructure debt following SoftBank’s bond pricing and Oracle’s data center retreat, and how US tariff negotiations could impact corporate margins. He also evaluates the valuation pressure facing small caps and what a stronger US dollar means for Asian currencies and central bank policies.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Is Higher for Longer Interest Rates Still Bullish For Stocks? 24.09.2026 10min

  The Fed has raised rates and says they'll stay high for longer, and Treasury yields are at levels not seen in years. So is that bad news for stocks, and does the AI growth story still hold up? We speak to Patrick Chang, Chief Investment Officer, Segments & Propositions at CIMB, about what's changed in his outlook, how he's thinking about diversification and hedging, and the indicators he's watching over the next few months.Click here to find out more about CIMB Chief Investment Office.See omnystudio.com/listener for privacy information.
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  Can Asia Withstand Another Rate-Hike Cycle? 23.09.2026 11min

  The Federal Reserve and Bank of Japan have both raised interest rates, putting renewed pressure on Asian central banks as the US dollar remains strong. Meanwhile, China is grappling with weak domestic demand and record-low loan growth even as the yuan strengthens ahead of Xi Jinping’s meeting with Donald Trump, while South Korean equities continue their extraordinary rally. How vulnerable is Asia to another global tightening cycle, and which economies are best placed to navigate it?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Is the AI Rally Really Back? 22.09.2026 12min

  Wall Street's enthusiasm for the Magnificent Seven seems to be back as the Nasdaq closed at a new record high, but questions remain over AI valuations, infrastructure spending and the concentration of market gains. Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management, shares his perspectives on if investors should lean back into AI.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Why Aren’t Healthcare Stocks Keeping Up? 21.09.2026 9min

  Malaysia’s healthcare sector delivered strong earnings growth in the second quarter, supported by higher patient volumes, rising revenue per patient and growing medical tourism. Yet share-price performance has been mixed, with several major hospital operators underperforming the broader market despite improving fundamentals. Have investors already priced in the sector’s growth prospects, and which healthcare stocks still offer compelling opportunities as valuations become increasingly stretched?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Are Markets Too Calm About Higher Rates? 21.09.2026 13min

  US equities remain remarkably resilient despite Treasury yields around 5%, oil above US$100 and the Federal Reserve raising interest rates again. Elsewhere, the Bank of Japan and Reserve Bank of Australia are also tightening policy, while investors await a potentially consequential meeting between Donald Trump and Xi Jinping. With gold pushing back towards US$4,400 an ounce despite a stronger dollar, are markets underestimating the risks from higher rates and geopolitical uncertainty?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  S-REIT Had Good Earnings, But Bad Share Prices 18.09.2026 9min

  Singapore REITs came out of the June quarter with stable occupancy, positive rental reversions and disciplined balance sheets. Share prices tell a different story. The REIT Index is still in negative territory year-to-date while the broader STI is up more than 10 per cent, with high interest rates and rising bond yields keeping the sector under pressure. We ask what's holding it back, whether pure-play data centre REITs are outperforming the diversified ones, and where the house view sees value going forward. We speak to Krishna Guha, Equity Analyst at Maybank Research, Singapore.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  The Fed Hiked Interest Rates, US Stocks Rallied 18.09.2026 12min

  The Federal Reserve raised rates for the first time in three years, and Wall Street went up anyway. The Nasdaq climbed 1.7% as easing oil prices and softer Treasury yields pulled technology stocks higher, but crude is still above US$100 a barrel and the 10-year is hovering near 4.9%. We ask whether that was genuine comfort with tightening or just a relief rally, which parts of the market are most exposed to stagflation, and what the Bank of Japan's expected move to 1.25% means for yen-funded carry trades. We speak to Tim Waterer, Chief Market Analyst at KCM Trade.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Fed Rate Hike: Has Kevin Warsh Proven Fed Independence? 17.09.2026 12min

  Following the Federal Reserve's decision to raise its benchmark interest rate by 25 basis points, marking the central bank's first rate increase since July 2023, Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank, joins The Morning Run to analyse the broader market fallout.Vishnu evaluates what drove Fed Chair Kevin Warsh to act and assessing whether the unanimous decision establishes long-term central bank independence despite pressure from the White House. He also details expected rate paths through 2027, the fiscal risks of ballooning US debt servicing costs, and how widening yield differentials threaten the Japanese yen ahead of the Bank of Japan's upcoming policy meeting.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  The US$11.5 Billion Data Centre Rush 17.09.2026 7min

  Money is pouring into data centres across Southeast Asia, with more than US$11.5 billion invested so far, according to a new report by Tracxn. Most of that money has gone to just five companies based in Singapore, while the actual data centres are going up in Malaysia, Indonesia and Thailand. With sovereign funds, pension funds and borrowed money all piling in, it's worth asking how long this boom can last and who really benefits. We speak to Neha Singh, Founder and Managing Director of Tracxn, about where the money is going.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Japan Equities: AI Boom, Bank Earnings and What Comes Next 15.09.2026 7min

  Japan's first-quarter corporate earnings season delivered a broad-based beat, with over 70% of companies exceeding market expectations against a typical 55% hit rate. The Nikkei, which peaked up roughly 44% before pulling back, still sits around 27% higher year-to-date. James Ying, Client Portfolio Manager at Eastspring Investments in Singapore, covers sector winners and laggards, including autos, banks, utilities, and AI-linked electrical equipment, and whether the semiconductor-driven rally has room to run or demands sharper stock selection.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Can Markets Handle 5% Treasury Yields? 15.09.2026 12min

  US Treasury yields have crossed the psychologically important 5% level as markets brace for another Federal Reserve rate hike, while persistent inflation, heavy government borrowing and US$100-plus oil add to the pressure. Yet US equities have remained surprisingly resilient despite the increasingly difficult backdrop. Can corporate earnings continue supporting stocks as borrowing costs climb, and are investors prepared for a broader period of synchronised monetary tightening around the world?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Are Markets Heading for a Stagflation Shock? 14.09.2026 12min

  Oil is back above US$100, bond yields are approaching uncomfortable levels and major central banks are turning increasingly hawkish, raising the risk of a difficult combination of persistent inflation and weaker growth. Meanwhile, investors are weighing whether US Treasuries look attractive at yields near 5%, whether China can shift from export-led growth towards stronger domestic demand, and whether gold can withstand higher rates. Are global markets entering a new tightening cycle, and where can investors find shelter if the energy shock persists?Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Which Risk Bites Equities First? Oil Above $100 Or Rising Yields? 11.09.2026 12min

  US equities slipped overnight as Brent pushed above US$100, nearly 30% off its early-August lows, while longer-dated Treasury yields kept climbing despite the Treasury tripling its bond buyback to US$6 billion. Hebe Chen, Senior Market Analyst at Vantage Markets, tells us which of those two pressures is the bigger threat to stocks right now, what the latest PPI and jobless claims data mean for Fed rate expectations, and why gold is holding up even with yields elevated. We also look at the yen at seven-month highs ahead of a possible BOJ hike, and what a stronger currency does to Japanese equities and the carry trade.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Why REITs Are Delivering But Not Rewarding Investors? 10.09.2026 10min

  Bursa Malaysia's REIT Index has had a roller-coaster year, and unlike the benchmark index it remains in the red — even as the 20 companies it tracks delivered a sturdy set of first-half results, with growth in both revenue and dividends. So why the disconnect? Afifah Ishak, Equity Research Analyst at Affin Hwang Investment Bank, joins us to break down the 2Q2026 reporting season: which sub-sectors are outperforming across retail, office, industrial and hospitality, what the removal of the 10% withholding tax on REIT dividends means for retail investors, how rising bond yields are testing the sector's defensive appeal, and why soft tourist numbers are weighing on hospitality and retail names. She also explains the risks to her Overweight call — and shares her top picks.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.