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Futures

Futures and Stock Market Movements: A Canadian and US Perspective

2024-11-25

In the world of finance, Monday witnessed an interesting turn of events. Futures tied to Canada's main stock index showed signs of growth, taking inspiration from their Wall Street counterparts. This comes as investors eagerly await a week filled with significant economic data from both domestic and US sources.

Unraveling the Dynamics of Canadian and US Stock Markets

Stock Market Movements and Cues

December futures on the S&P/TSX index were up by 0.26% at 6:19 a.m. ET (11:19 GMT). On Wall Street, Dow futures reached a record high, driven by investor optimism due to the nomination of fund manager Scott Bessent as Treasury Secretary. Bessent is expected to focus on tax and spending cuts. This week, investors will closely examine the US Personal Consumption Expenditure report, the country's gross domestic product estimates, and the minutes from the Federal Reserve's policy meeting. Back in Canada, all eyes are on the third-quarter annualized GDP data, which is likely to fall short of the Bank of Canada's estimate. This data could have a significant impact on the Canadian central bank's decision regarding interest-rate cuts next month. Traders currently anticipate a 77.2% chance of a quarter-point cut in December.In the materials sector, gold prices dropped after a five-session rally to a three-week high, putting pressure on the sector. The selection of US President-elect Donald Trump's Treasury Secretary has also affected safe-haven buying. Meanwhile, the energy sector has gained attention as oil prices edged lower following a 6% increase last week.The composite index closed at a record high on Friday, with industrial shares climbing and investors cheered by upbeat retail sales data.In corporate news, TD Bank is taking steps to comply with laws prohibiting money laundering by installing US government-ordered monitors and reassuring employees of its resource capabilities.

Commodity Market Insights

Gold: $2,684.63; -1.03% [GOL/]US crude: $70.87; -0.52% [O/R]Brent crude: $74.83; -0.45% [O/R]For Canadian markets news, click on the following codes:TSX market report [.TO]Canadian dollar and bonds report [CAD/] [CA/]Reuters global stocks poll for CanadaCanadian markets directory($1 = 1.3959 Canadian dollars)(Reported by Nikhil Sharma in Bengaluru; Edited by Shreya Biswas)

At 6:19 a.m. ET (11:19 GMT), December futures on the S&P/TSX index witnessed a 0.26% increase. This upward trend on the Canadian market was influenced by various factors. On Wall Street, Dow futures reached a record high, driven by investor optimism due to the nomination of fund manager Scott Bessent as Treasury Secretary. Bessent is expected to focus on tax and spending cuts, which could have significant implications for the economy.

Upcoming Economic Assessments and Their Impact

This week, investors will be closely observing the U.S. Personal Consumption Expenditure report, the country's gross domestic product estimates, and the minutes from the Federal Reserve's policy meeting. These economic indicators will provide valuable insights into the health of the U.S. economy and could potentially impact global markets. Back in Canada, all eyes will be on the third-quarter annualized GDP data, which is expected to fall short of the Bank of Canada's estimate. This data could further clarify the extent of the Canadian central bank's interest-rate cut next month. Traders currently anticipate a 77.2% chance of a quarter-point cut in December.

Impact on Different Sectors

The materials sector is likely to face pressure as gold prices dropped following a five-session rally to a three-week high. This profit-booking activity could lead to a slowdown in the materials sector. On the other hand, the energy sector has grabbed attention as oil prices edged lower after a 6% gain last week. The fluctuations in these sectors highlight the volatility and interconnectedness of the global market.

Corporate News and Compliance Measures

In corporate news, TD Bank is taking proactive steps to comply with laws prohibiting money laundering. The bank is preparing to install U.S. government-ordered monitors and is assuring employees of having sufficient resources to meet these requirements. This shows the importance of regulatory compliance in the financial sector.

Commodity Market Trends

Gold prices declined by 1.03% to $2,684.63 [GOL/], indicating a shift in investor sentiment. US crude prices dropped by 0.52% to $70.87 [O/R], and Brent crude prices fell by 0.45% to $74.83 [O/R]. These commodity price movements reflect the overall market dynamics and investor preferences.For Canadian markets news, you can click on the following codes: TSX market report (TO), Canadian dollar and bonds report [CAD/][CA/], and Reuters global stocks poll for Canada. Canadian markets directory provides a comprehensive overview of the market. ($1 = 1.3959 Canadian dollars)

Jakarta, CNBC Indonesia - Badan Pusat Statistik (BPS) telah melaporkan bahwa standar hidup layak di Indonesia mengalami kenaikan menjadi Rp12,34 juta atau kira-kira Rp1,02 juta per bulan pada tahun 2024. Hal ini kemudian banyak dipertanyakan oleh masyarakat karena dianggap tidak sesuai dengan realitas yang mereka alami.

BPS dan Realitas Hidup di Indonesia: Perbedaan yang Menarik

Perspektif BPS: Standar Hidup Layak

Badan Pusat Statistik (BPS) secara resmi melaporkan bahwa standar hidup layak di Indonesia pada tahun 2024 telah mencapai angka Rp12,34 juta atau sekitar Rp1,02 juta per bulan. Ini merupakan perubahan yang cukup signifikan dan telah menarik perhatian banyak orang. BPS, sebagai institusi yang berperan penting dalam mengukur dan mengungkapkan kondisi ekonomi di Indonesia, selalu memberikan informasi yang dianggap penting bagi masyarakat. Namun, angka ini tidak sepenuhnya sesuai dengan pengalaman hidup masyarakat di lapangan.Dalam kehidupan sehari-hari, masyarakat dapat merasakan bahwa kondisi ekonomi masih menjadi tantangan. Pengangguran terus meningkat, dan daya beli masyarakat juga masih tertekan. Hal ini membuat masyarakat bertanya-tanya tentang akurasi angka standar hidup yang diungkapkan oleh BPS.

Perspektif Financial Expert: Survei Biaya Hidup di Jakarta

Financial Expert CNBC Indonesia, Robertus Andranto Serin, mengungkapkan bahwa BPS pernah merilis survei biaya hidup di Jakarta sekitar Rp14,4 juta per bulan. Perbedaan ini antara angka yang diungkapkan oleh BPS dan survei Financial Expert membuat angka Rp1,02 juta tersebut menjadi sangat dipertanyakan.Dalam konteks Jakarta, biaya hidup sebenarnya lebih tinggi dari yang diungkapkan oleh BPS. Hal ini menunjukkan bahwa kondisi ekonomi di Jakarta mungkin lebih kompleks dari yang ditunjukkan oleh angka standar hidup yang umum. Financial Expert mengingatkan bahwa angka tersebut perlu dipertimbangkan dengan kondisi khusus di Jakarta, seperti harga rumah, transportasi, dan biaya pendidikan yang lebih tinggi.

Dialog dan Analisis: Program Investime CNBC Indonesia

Selengkapnya, saksikan dialog Shinta Zahara dan Savira Wardoyo bersama Financial Expert CNBC Indonesia Robertus Andranto Serin di Program Investime CNBC Indonesia, Senin (25/11/2024). Dalam dialog ini, para peserta akan membahas lebih lanjut mengenai isu standar hidup layak di Indonesia, perbedaan antara data BPS dan survei Financial Expert, serta dampak ekonomi di lapangan.Dialog ini diharapkan dapat memberikan wawasan lebih dalam bagi masyarakat tentang isu ekonomi di Indonesia. Para peserta akan membagikan analisis dan pendapat mereka berdasarkan pengalaman dan pengetahuan mereka. Hal ini akan membantu masyarakat memahami kondisi ekonomi lebih baik dan mengambil langkah-langkah yang tepat sesuai dengan situasi yang mereka alami.Dalam program tersebut, para peserta juga akan membahas tentang strategi investasi yang tepat dalam kondisi ekonomi yang saat ini. Mereka akan membagikan tips dan trik untuk membantu masyarakat mengoptimalkan keuangan mereka dalam situasi yang sulit.Ini adalah sebuah kesempatan yang sangat penting bagi masyarakat untuk mendapatkan informasi yang akurat dan berguna tentang ekonomi di Indonesia. Dialog ini diharapkan dapat menjadi sumber inspirasi dan pengetahuan bagi para pembaca untuk lebih memahami kondisi ekonomi dan mengambil langkah-langkah yang tepat.