Daily Economic Research

KBVS ECONOMIC RESEARCH
Thursday, 2 April 2026

Macro Highlight :
Geopolitical developments remained the key driver of market sentiment, although tensions showed signs of easing after Donald Trump signaled that the conflict with Iran could potentially be resolved within the next two to three weeks, pointing to a near-term de-escalation path. Looking ahead, investors will monitor geopolitical developments alongside key U.S. data releases, including Initial Jobless Claims, as primary drivers of market direction.

Domestic fixed-income markets showed a firmer tone, with both bond and sukuk segments gaining amid improving demand. Looking ahead, investors will focus on global geopolitical developments alongside key domestic data releases, particularly inflation and trade balance, as main drivers of market direction.

We anticipate a marginal decrease in the 10Y SUN yield today (2 Apr ‘26), projecting it to range between 6.54% and 6.74%.

 

Regards,
KBVS Research Team

 

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