Maybank Investment Bank's Daily Technical Analysis | 8 September 2025
The S&P 500 had a weekly advance despite Friday’s pullback, which was triggered by weaker-than-expected August US Non-Farm Payrolls adding just 22,000 jobs, well below the 75,000 forecasts. The softer labor data has pushed the probability of a rate cut on 17 Sep to nearly 100%, according to the CME FedWatch Tool — a development that could provide a supportive backdrop for equities.
Join Maybank Investment Bank's Chartist, Amirul Rusydy, CMT as he shares his views on some new KLCI stock trading ideas.
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