Morning News - Strategy / Economic Update

Today’s Highlights

►    Strategy – Malaysia Strategy (POSITIVE, maintain) - The Ringgit awakens?

►    Economic Update  – ASEAN Weekly Wrap- Will a lower inflation lead to rate cut by Bank Indonesia?

Quick Bites

►    MRCB – Proposed sale of Menara Shell to MRCB-Quill REIT for RM640m

Outside Malaysia                                             

►    US stocks pare declines amid Yellen testimony, ECB's stimulus

►    Yellen signals economy nearly ready for first interest-rate hike

►    Initial jobless claims in US rose to 269,000 last week  

►    Service industries in US grew at slower pace in November

►    Draghi braves QE hype with boost that leaves ECB room to do more

►    Europe’s growth pickup fails to counter deflation pressures

►    Under the hood of Korean GDP lies a disappointing exports story

►    Brent rises from six-year low as OPEC meeting looms, euro surges