Thursday, July 28, 2016

► Company Note – Titijaya Land (Not rated) - Strategic alliance niche


Today’s Highlights
    Company Note – Titijaya Land (Not rated) - Strategic alliance niche
    Economy – US Economy  – Monetary Policy - No surprises in FOMC decision, rate kept at 0.25-0.50%
                                                                                                                                                                  


Quick Bites            
    Malaysia Economy: Fitch Ratings has downgraded Petroliam Nasional Bhd



Outside Malaysia            
    Most US stocks fall amid Fed rate decision, Apple rally
    Fed says risks have diminished as it leaves rate unchanged
    Pending sales of US existing homes rise less than forecast
    US capital goods orders rise for first time in three months
    UK economy grew faster than forecast before Brexit vote
    Italy manufacturing confidence rose to highest since January
    Abe plans stimulus package of more than ¥28trn
     Oil falls to three-month low

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