Dow Jones: 27,222.97 pts (+3.12pts, +0.01%)
U.S. stockmarkets recovered all their intraday losses to register mild gains as the Dow added 0.01% overnight after Federal Reserve Bank of New York President John Williams highlighted to importance of interest rate cut for economy growth. The immediate support is located at 27,000.

FBM KLCI: 1,648.93 pts (-8.60pts, -0.52%)
The FBM KLCI (-0.5%) remain in the red for the third straight session, mirroring the negative performance across its regional peers yesterday. The immediate support is located at 1,635.

Crude Palm Oil: RM1,983 (-RM5, -0.25%)
Crude palm oil prices retreated as India looks to raise the palm oil duty from Malaysia to 50% from 45%. The immediate resistance is located around RM2,000.

WTI Crude Oil: $55.30 (-$1.48, -2.63%)
Crude oil prices registered its fourth straight session of decline on the resumption of U.S. Gulf oil production post Hurricane Barry. The immediate support is located at US$55.

Gold: $1,446.10 (+$19.53, +1.37%)
Gold prices extended its gains after the Greenback depreciated against a basket of currencies. The immediate resistance is located around $1,450.

Economic Releases:
JP - Japan's Inflation Rate, 7.30AM

Technical Trading Stocks - 19 Jul 19 
Stock Name: HSSEB (0185)
Entry: Buy above RM1.19
Target: RM1.25 (5.0%), RM1.29 (8.4%)
Stop: RM1.13 (-5.0%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: VIZIONE (7070)
Entry: Buy above RM1.00
Target: RM1.04 (4.0%), RM1.09 (9.0%)
Stop: RM0.965 (-3.5%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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