Wednesday, June 3, 2015

Morning News - 2 June 2015 - UTILITIES


Today’s Highlights
    Sector Update – Utilities (OVERWEIGHT, maintain) - Decent quarter across the board



Outside Malaysia
►    US stocks decline as investors assess data amid Greek talks
►    US factory goods orders fall in April 
►    Euro area consumer prices rise for first time in six months
►    Greek standoff takes another twist as dueling plans are drafted
►    German unemployment declines for eighth month as recovery firms
►    RBI’s Rajan cuts India rate, says next move hinges on monsoon rain
►    RBA coy on further rate cut after holding fire
►    Iran could add 400,000 barrels a day of oil after nuclear deal



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