Epic Research Malaysia Daily KLSE Report 15 Nov 2018

1. Iforex Market Insight INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR GBP/USD & EUR/USD HOURLY CHART EPIC RESEARCH MALAYSIA

2. Iforex Market Insight Date– 15 Nov INTERNATIONAL CURRENCY BUZZ Forex Forex - - Dollar Dips, Pound Slips below 1.30 before Brexit Meeting Dollar Dips, Pound Slips below 1.30 before Brexit Meeting Forex Forex - - GBP/USD rallies back above mid GBP/USD rallies back above mid- -1.2900s amid a flurry of Brexit headlines Forex Forex - - Euro under pressure as Italy sticks to deficit target in budget Euro under pressure as Italy sticks to deficit target in budget 1.2900s amid a flurry of Brexit headlines EUR/USD The euro struggled below $1.13 on Wednesday as Italy stuck to its deficit target in a re-submitted draft budget and after confirmation that the euro zone economy grew at its slowest pace in four years in the third quarter. Major currencies traded in tight ranges in London trading hours, with the dollar below a 16-month high hit this week as investors took profits. Sterling slipped as investors prepared for Prime Minister Theresa May's showdown with her cabinet colleagues when she will try to sell her Brexit agreement. Italy re-submitted its draft budget for next year to the European Commission with the same growth and deficit assumptions as a draft rejected last month for breaking European Union rules, but with falling debt, the new draft showed. That rattled investors in volatile Italian government debt markets and pres- sured the euro. The single currency fell to $1.1265 (EUR=), down 0.2 percent, after trading above $1.13 late Tuesday. The euro hit a 16-month low of $1.1216 earlier this week. GBP/USD The dollar dipped against a currency basket on Wednesday, while the pound slipped back below the 1.30 level ahead of a key UK cabinet meeting to debate the draft agreement on Brexit hammered out after more than a year of talks. The U.S. dollar index, which measures the greenback’s strength against a basket of six major curren- cies, slid 0.14% to 97.01 by 03:50 AM ET (08:50 AM GMT). The index hit a 16-month high of 97.53 on Monday. The pound edged lower, with GBP/USD changing hands at 1.2974, after hitting a high of 1.3046 on Tuesday. Sterling had strengthened after ne- gotiators in Brussels finally agreed draft terms for Britain’s departure from the Euro- pean Union. But the pound slipped lower amid uncertainty over whether British Prime Minister Theresa May will be able to convince her deeply divided cabinet to back the deal at a meeting later in the day. Iforex Market Insight By Epic Research Malaysia www.epicresearch.my

3. Iforex Market Insight Date– 15 Nov ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, November 15, 2018 04:30 GBP Core Retail Sales (YoY) (Oct) 3.3% 3.2% 04:30 GBP Core Retail Sales (MoM) (Oct) 0.1% -0.8% 04:30 GBP Retail Sales (YoY) (Oct) 3.0% 3.0% 04:30 GBP Retail Sales (MoM) (Oct) 0.2% -0.8% 05:00 EUR Trade Balance (Sep) 11.7B 07:15 EUR ECB's Coeure Speaks 08:00 GBP MPC Member Tenreyro Speaks 08:10 EUR ECB's Praet Speaks 08:30 USD Core Retail Sales (MoM) (Oct) 0.5% -0.1% 08:30 USD Export Price Index (MoM) (Oct) 0.1% -0.2% 08:30 USD Import Price Index (MoM) (Oct) 0.1% 0.5% 08:30 USD Initial Jobless Claims 216K 214K 08:30 USD NY Empire State Manufacturing Index (Nov) 19.30 21.10 08:30 USD Philadelphia Fed Manufacturing Index (Nov) 20.7 22.2 08:30 USD Philly Fed Employment (Nov) 19.5 08:30 USD Retail Sales (MoM) (Oct) 0.6% 0.1% 10:00 USD Business Inventories (MoM) (Sep) 0.3% 0.5% 10:00 USD FOMC Member Quarles Speaks 11:00 USD Crude Oil Inventories 3.012M 5.783M 11:00 USD Cushing Crude Oil Inventories 2.419M 11:30 USD Fed Chair Powell Speaks 13:00 USD FOMC Member Bostic Speaks 15:00 USD FOMC Member Kashkari Speaks 16:30 NZD Business NZ PMI (Oct) 51.7 23:00 MYR GDP (YoY) (Q3) 4.6% 4.5% www.epicresearch.my Iforex Market Insight By Epic Research Malaysia

4. IFOREX Market Insight top 5 gainers Date– 15 Nov GBP/USD DAILY CHART BUY GBPUSD ABOVE 1.3020 TGT 1.3040 1.3070 SL 1.2990 SELL GBPUSD BELOW 1.2960 TGT 1.2940 1.2910 SL 1.2990 EUR/USD DAILYCHART BUY EURUSD ABOVE 1.1330 TGT 1.1350 1.1380 SL 1.1300 SELL EURUSD BELOW 1.1280 TGT 1.1260 1.1230 SL 1.1310 www.epicresearch.my Iforex Market Insight By Epic Research Malaysia

5. EPIC RESEARCH MALAYSIA The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.This material is for personal informa- tion and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors inde- pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the informa- tion given in this report, which is in violation of rules and regulations . The share price projections shown are not necessarily indicative of future price performance. The informa- tion herein, together with all estimates and forecasts, can change without notice. Analyst or any person re- lated to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a rec- ommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.All Rights Reserved. Investment in equity & bullion market has its own risks.