► Sector Update – Aviation (UNDERWEIGHT, maintain) - Crowded air space

Today’s Highlights

►    Sector Update – Aviation (UNDERWEIGHT, maintain) - Crowded air space

Outside Malaysia            

►    US stocks pare losses as health-care shares gain, bonds rally

►    US states cutting tax-revenue forecasts as budgets prepped

►    Evans says two Fed hikes in 2017 may be right

►    ECB’s Praet says deposit rate is key signal of policy stance

►    German business confidence increases to strongest since 2011

►    BOE cites Brexit among financial stability risks for UK

►    China industrial profits surge with coal, steel price gains

►    Oil falls as traders shrug off OPEC-led pledge to mull extension