Dow Jones: 17,895.88 pts (-22.74pts, -0.13%)
U.S. equities trended on a negative tone and hovering below the 18,000 psychological level on the back of profit taking activities within energy shares amid softer crude oil prices. Resistance will be pegged around the 18,000 level.

FBM KLCI: 1,650.71 pts (-4.13pts, -0.25%)
The FBM KLCI trended near the EMA60 level on a sideways mode between the 1,630 to 1,660 levels.

Crude Palm Oil: RM2,355 (-RM46, -1.92%)
CPO snapped a three-day winning streak as palm oil stockpiles climbed 4.2% M.o.M to 1.72 mln metric tons, while production of crude palm oil increased 10% to 1.49 mln tons.

WTI Crude Oil: $45.14 (-$2.29, -4.85%)
Crude oil tripped below the immediate support of the US$46 level and could be entering a correction phase towards the support of US$40-US$43.

Gold: $1,360.45 (-$3.33, -0.24%)
Gold has surged above the resistance of the US$1,350 level amid concerns over the Brexit issue. Gold may continue its momentum towards the next target of US$1,400.

Economic Releases:
US - US Employees on Nonfarm Payrolls - 8Jul16, 8:30PM
US - US Average Hourly Earnings All Employees Total Private - 8Jul16, 8.30PM
US - US Employment Total in Labor Force - 8Jul16, 8.30PM

Bursa Malaysia Trade Statistics - 07Jul16
Institutions:  Net BUY 11.2 mln (54.2%)
Retail:  Net SELL 2.9 mln (15.7%)
Foreign:  Net SELL 8.3 mln (30.1%)

Potential Momentum Stocks - 08Jul16 
Stock Name: ANNJOO (6556)
Entry: Buy above RM1.17
Target: RM1.26 (7.7%), RM1.40 (19.7%)
Stop: RM1.130 (-3.4%)
Technical: Flag-formation breakout

Stock Name: ASIAPLY (0105)
Entry: Buy above RM0.265
Target: RM0.285 (7.5%), RM0.32 (20.8%)
Stop: RM0.255 (-3.8%)
Technical: Symmetrical triangle breakout

Source: Bloomberg, M+ Online

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