Ahead of the key central bank meetings next week, markets continue to digest recent Fed comments and assess the possibility of a rate move in Sep. The DXY index was on a gradual upmove, lifting most of USDAsians,

GBL: Global Markets Daily

FX Research by Saktiandi Supaat

Vols Are Back

Ahead of the key central bank meetings next week, markets continue to digest recent Fed comments and assess the possibility of a rate move in Sep. The DXY index was on a gradual upmove, lifting most of USDAsians, excluding USDCNH and USDCNY. A report from IEA which warned of rising crude supply from the OPEC Gulf members sank oil prices along with risk appetite. That contributed to the safe haven demand of the greenback. Asian equities ended in red. European and US stocks also fell on Tue...

Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@maybank.com.sg