Friday, April 15, 2016

Morning News - 15 April 2016 - RUBBER PRODUCTS / ECONOMY - ASEAN OUTLOOK

Today’s Highlights
►    Sector Update – Rubber Products (NEUTRAL, maintain) - Stretched year ahead
►    Economy – ASEAN Outlook – Weekly Wrap - Singapore decided to stop SGD appreciation path



Quick Bites
►    PCHEM: Cancelled the proposed elastomers project in RAPID



Outside Malaysia  
►    US stocks little changed as banks gain, technology shares drop
►    Core consumer prices in US cool in sign pickup transitory
►    Jobless claims in US decline to match lowest since 1973
►    Euro area consumer prices stagnate in March after revision
►    Singapore adopts 2008 crisis policy as growth grinds to halt
►    Australian unemployment falls to 2-1/2 year low
►    IEA sees oil oversupply almost gone in second half on shale drop
►    Oil slips before Doha talks as IEA sees global market balancing

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