Thursday, July 30, 2015

Morning News - 30 July 2015 - UMWOG / ECONOMY - MONETARY POLICY & ASEAN OUTLOOK

Today’s Highlights
►    Company Update – UMW-OG  (SELL, maintain) - That sinking feeling
►    Economy – US Economy – Monetary Policy- Will solid job gains lead to a September rate hike?
►    Economy – ASEAN Outlook – Weekly Wrap- Sharp contraction in Thailand’s exports in June



Outside Malaysia
►    US stocks gain amid earnings as Fed says jobs, housing improve
►    Fed says labor market improves as it moves toward rate rise
►    Pending sales of US existing homes unexpectedly declines
►    Tsipras Says Greece Won ‘Crucial’ Commitment for Debt Relief
►    Lagarde says China economy strong enough to weather stock plunge
►    Japan’s growth to 2020 seen by IMF worse than in deflation years
►    Japan’s monthly retail sales fall for third time this year
►    Oil climbs most in three-weeks after US crude supplies decline


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