Morning News - 8 June 2015 - DOLPHIN / ECONOMY - TRADE & US OUTLOOK

Today’s Highlights

►    IPO Memo – Dolphin International (Non Rated) - An alternative palm oil machineries player

►    Economy – Trade - Malaysia’s exports contracted by -8.8% yoy in April

►    Economy – US Outlook – Weekly Wrap (1 – 5 June 2015) - Does strong US payrolls signal rate hikes in 2H15?

Quick Bites

►    GENP: Issuance of RM1.0bn Sukuk

Outside Malaysia

►    S&P 500 declines as jobs data boost case for interest-rate rise

►    Jobs machine ends winter woes as US payrolls beat forecast

►    Consumer borrowing in US increased US$20.5bn in April

►    Dudley says Fed still likely to raise interest rates in 2015

►    Bundesbank raises German economic forecasts on consumption

►    German factory orders increase as economic outlook improves

►    Ireland raised by S&P to A+ as economic recovery takes hold

►    Iran to boost oil exports after sanctions even if prices fall