Friday, June 12, 2015

Morning News - 11 June 2015 - PLANTATION


Today’s Highlights
    Sector Update – Plantation (NEUTRAL, maintain) - Inventory increase slightly to 2.24m MT 



Outside Malaysia
►    US stocks rally as tech, financials lead amid Greece optimism
►    World Bank joins IMF in urging Fed to delay rate rise until 2016
►    Budget deficit in US through May declines to seven-year low
►    S&P affirms US AA+ credit rating, maintains stable outlook
►    S&P downgrades Greece, says default likely if no debt deal
►    Thailand holds key interest rate after two unexpected cuts
►    RBNZ cuts rate to 3.25%, says further easing may be needed
►    Oil rises to 2015 high as US inventories fall for sixth week




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