Dow Jones: 18,506.41 pts (+134.29pts, +0.73%)
Once again, Wall Street trended positively, marking another all-time-high as Bank of England hinted at looser monetary policies next month. Also, the Dow rocketed more than 100 pts led by Goldman Sachs, IBM and Apple.

FBM KLCI: 1,654.78 pts (-5.61pts, -0.34%)
Tracking the positive gains on the overnight Dow, the FBM KLCI may surge above the 1,660 level and trade towards the 1,680 level.  

Crude Palm Oil: RM2,249 (+RM27, +1.22%)
Crude palm oil extended its rebound on the back of soybean rally. The CPO is likely to see further buying support towards RM2,300.

WTI Crude Oil: $45.68 (+$0.93, +2.06%)
WTI crude oil trended mildly positive near the US$45 level with a downward bias view as the price is hovering below the EMA120 level.

Gold: $1,335.23 (-$7.41, -0.55%)
Gold ended lower as U.S. stockmarkets were being traded higher, curbing the demand for safe haven asset. Support will be set around US$1,350.

Economic Releases:
China - China GDP Constant Price - 15 Jul 16, 10:00AM
Eurozone - Eurostat Core MUICP - 15 Jul 16, 5:00PM
US - US Industrial Production M.o.M - 15 Jul 16, 9:15PM
US - University of Michigan Consumer - 15 Jul 16, 10:00PM

Bursa Malaysia Trade Statistics - 14 Jul 16
Institutions:  Net SELL 154.1 mln (56.5%)
Retail:  Net BUY 16.9 mln (15.2%)
Foreign:  Net BUY 137.2 mln (28.3%)

Potential Momentum Stocks - 15 Jul 16 
Stock Name: ECONBHD (5253)
Entry: Buy above RM1.40
Target: RM1.55 (10.7%), RM1.60 (14.3%)
Stop: RM1.36 (-2.9%)
Technical: Flag breakout

Stock Name: KPS (5843)
Entry: Buy above RM1.06
Target: RM1.16 (9.4%), RM1.20 (13.2%)
Stop: RM1.01 (-4.7%)
Technical: EMA120 breakout

Source: Bloomberg, M+ Online

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