Thursday, August 18, 2016

► US stocks edge higher as Fed minutes signal rates to stay low

Today’s Highlights
    Company Note  – OpenSys (M) (Not rated) - Riding the CRM wave
    Results Note – KL Kepong (HOLD, maintain) - Below expectations
    Results Note – Malakoff (HOLD, maintain) - Tax boost



Outside Malaysia            
    US stocks edge higher as Fed minutes signal rates to stay low
    Fed officials split in July on whether rate hike needed soon
    UK jobs market shows resilience for now against Brexit fallout
    New Zealand jobs accelerate as caution urged with new survey
    China creates new economy gauges of innovation, entrepreneurship
    Singapore’s export decline deepens again
    Philippines sees monetary policy ‘wiggle room’ amid global risks
    Oil has longest winning run in over a year as supply glut eases

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