Today’s Highlights
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Sector Update –
Banking (OVERWEIGHT, maintain) - Year-to-date loan growth behind target
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Economic Update –
Manufacturing PMI - Malaysia’s PMI rose to 48.6 in September
Outside Malaysia
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US stocks decline
amid a lackluster growth in manufacturing activity
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Manufacturing in US
expanded at modest pace in September
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Fed’s Mester says
case for November hike will likely be strong
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Fed’s Dudley advises
caution in raising interest rates
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Euro area manufacturing
quickens as Germany leads uneven growth
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UK factories boom as
pound’s Brexit plunge boosts exports
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Japan Tankan
corporate sentiment gauge misses expectations
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Oil advances to
three-month high as investors assess OPEC accord
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