Daily FX Update, 03 September 2015

v  Fed's Beige Book reports increased wage pressures in a number of districts around US v  US ADP employment report records a 190k increase in private payrolls in August v  UK August construction PMI improves moderately to 57.3 v  Korea July current account surplus narrows due mainly to a fall in the good balance v  Singapore's PMI slips further into contraction mode in August v  Indonesia consumer confidence index rises further as consumers expected economic conditions to improve in the next six months INDICATIVE MAJOR CURRENCIES Last Close  8.05 am Snapshot        Bid                   Offer Expected Ranges for Today         Low                       High USD/MYR 4.2107 4.2000 4.2320 4.1980 4.2430 JPY/MYR (100) 3.5048 3.4800 3.5110 3.4700 3.5400 SGD/MYR 2.9751 2.9610 2.9940 2.9600 3.0100 EUR/MYR 4.7307 4.7120 4.7450 4.6800 4.7800 AUD/MYR 2.9593 2.9540 2.9870 2.9400 3.0100 GBP/MYR 6.4466 6.4360 6.4690 6.4100 6.5300 USD/JPY 120.14 120.42 120.83 120.02 121.02 EUR/USD 1.1235 1.1060 1.1370 1.1160 1.1270 AUD/USD 0.7028 0.6890 0.7200 0.7000 0.7100