Morning News - 13 June 2016 - PLANTATION / ECONOMY - IPI

Today’s Highlights

►    Sector Update – Plantation (NEUTRAL, maintain) - Inventory declines but exports still weak

►    Economy  – IPI - IPI growth rises slightly to 3% yoy in April

Outside Malaysia            

►    US stocks fall as growth worry, looming UK vote spur caution

►    American consumer sentiment in June eases from a one-year high

►    Record-low inflation expectations sharpen next week’s fed debate

►    Cameron says UK remain message works as doomsayers escalate

►    Lew sees ‘negative’ global economic impact if UK exits EU

►    IMF urges China to tackle ‘high’ corporate debt immediately

►    Brazil’s fiscal accounts were a nasty surprise to Temer’s team

►    Oil falls most in 10 weeks as US rig count gains, dollar rises