Market Watch

Mohshin Aziz, Analyst at Maybank Investment Bank tells us why 2016 was a year like no other for the Malaysian aviation sector. Can it repeat the stellar performance in 2017? See omnystudio.com/listener for privacy information.

The latest Fed minutes talked about "considerable uncertainty" alluding to Trump's fiscal intentions. As far as interest rate expectations are concerned this will be driven by higher inflation coming out of US and China further driving up the dollar. See omnystudio.com/listener for privacy information.

2017 is expected to keep construction players busy with with major projects like LRT3 and remaining packages from MRT2 and Pan-Borneo Highway yet to be awarded. 4Q'16 earnings is expected to remain lacklustre following kitchen-sinking exercises by counters, as they transition into the new year. RHB Reseach's top picks include Gamuda and Gadang Berhad.        See omnystudio.com/...

Insiders close to President-elect Donald Trump have said that he remains opposed to the mega-merger between AT&T and Time Warner because he believes it would concentrate too much power in the media industry. Tim Mulholland, President of TJM Limited discusses why this is in line with Trump's business-friendly approach. See omnystudio.com/listener for privacy information.

CIMB Group has proposed to sell its 18.2% stake in Bank of Yingkou for RM972 million ringgit, in line with the group's plans to focus on its core businesses in core markets. We explore if this deal bodes well for the group, capital uplift and the impact to CIMB's bottomline and AmInvestment's call on the stock.   See omnystudio.com/listener for privacy information.

Danny Wong, CEO of Areca Capital tells us the sectors he currently favours, given the new ruling that employers will now have to pay the foreign workers levy, and market speculation that elections are just around the corner. See omnystudio.com/listener for privacy information.

Dodge Dorland gives first impressions on the world's first trading day of the year.  See omnystudio.com/listener for privacy information.

Stephen Innes, Senior Asia Pacific Forex Trader at OANDA discusses the biggest themes he expects will hit currency markets in 2017. See omnystudio.com/listener for privacy information.

Asian Emerging Markets have been hit by massive fund outflows, in the wake of Donald Trump's win and the hike in US interest rates. Tariq Ali, Investment Strategist at Standard Chartered Bank shares his views on Emerging Asia in 2017.  See omnystudio.com/listener for privacy information.

Dodge Dorland, Chief Investment Officer of Landor & Fuest Capital Managers in New York reviews how US equities have fared this year and shares some themes he sees developing in 2017.  See omnystudio.com/listener for privacy information.

Looking beyond what's priced into markets, Joe Quinlan looks at some themes for 2017. See omnystudio.com/listener for privacy information.

We look further into whether the commodity rally is sustainable and ask Ben Le Brun where he's going to put his money in 2017. See omnystudio.com/listener for privacy information.

Uber's 3Q losses of US$800m may be bad news for those hoping for its listing. See omnystudio.com/listener for privacy information.

Given that the ringgit is still persistently weak after the US elections more than a month ago, we explore if UOB is re-looking at exporters as an investment theme. In particular, we discuss which sub-sectors and companies the research house favours, and the impact of Bank Negara's recent ruling (of requiring exporters to convert at least 75% of their proceeds in ringgit) on the sector. See omnyst...

The year-end brings talks of calendar effects on the market but this is likely going to be overshadowed by sheer politics and economics. See omnystudio.com/listener for privacy information.

Cheryl Pola, Deputy Head of Equity at Affin-Hwang Asset Management joins us for a review of markets in 2016.  See omnystudio.com/listener for privacy information.

The US dollar is still holding near the 14-year high it touched after the rate hike last week. Stephen Innes, Senior Asia Pacific Forex Trader at OANDA discusses what a strong dollar could mean for markets.  See omnystudio.com/listener for privacy information.

Following an announcement that Prestariang has been awarded the National Immigration Control System (SKIN) Project, RHB Research has upgraded its call on the counter to BUY from NEUTRAL. The project is expected to contribute positively to its recurring earning base, as its university segment continues to post losses. A fund-raising exercise via a rights issue or private placement may be in the car...

Counters that benefit from the weakness of the Ringgit like the rubber glove sector and furniture exporters may see dampened earnings following Bank Negara's new directive stating that 75% of export proceeds must be converted to Ringgit. Although the full impact is still too early to assess, Devan Linus, CEO of Malayan Traders Capital believes the global growth recovery theme will outweigh local r...

As expected, the Federal Reserve raised interest rates by 25 basis points last night. However, it surprised markets by forecasting three interest rate hikes next year. Stephen Innes, Senior Asia Pacific Forex Trader at OANDA shares his takeaways from the Fed's statement.  See omnystudio.com/listener for privacy information.

With the conclusion of 3Q'16, most construction counters posted lower earnings as they saw their results weighed down by higher tax liabilities and forex losses. However, the sector is buoyed by a better construction pipeline in 2017, with upcoming mega-projects announced like the ECRL which will keep players busy. Affin Hwang Capital's top picks include Sunway Construction, WCT, Gamuda and Gabung...

Dodge Dorland, Chief Investment Officer of Landor & Fuest Capital Managers in New York explains why he's not only watching the Federal Reserve, but also US President-elect Donald Trump's twitter feed.  See omnystudio.com/listener for privacy information.

MISC Berhad 3Q'16 revenue declined 8% y-o-y to RM2.29b, on the back of lower petroleum contribution. It is also embarking on a fleet expansion, with four new LNG vessels expected to be delivered between 2017 to 2018. However, looming concerns of a shipping glut may weigh on growth.  See omnystudio.com/listener for privacy information.

Joe Quinlan, Chief Market Strategist at US Trust-BoA Private Wealth Management in NY explains why the oil price surge yesterday was an overreaction to the global production cut announcement. He speaks on the state of European banks and the Fed's final meeting for 2016 as well. See omnystudio.com/listener for privacy information.

Overall DPU growth declined 0.8% y-o-y for Singapore REITs under OCBC's coverage. Performance of office REITs seem to have outperformed its retail & industrial counterparts - posting DPU growth of 4.9% y-o-y. However, a looming office space glut is concerning to the industry and may weigh down on growth. Retail REITs continue to underperform, especially those with exposure to China due to tran...