Tuesday, February 7, 2017

In an environment that is seeing less monetary policy divergence (China tightening vs Fed’s non-commitment), Trump’s recent controversial executive orders, rising yields, equities, the signs are less clear. Our 30-day rolling





FX Asia Fortnightly
by Saktiandi Supaat


FX Research





In an environment that is seeing less monetary policy divergence (China tightening vs Fed’s non-commitment), Trump’s recent controversial executive orders, rising yields, equities, the signs are less clear. Our 30-day rolling correlation study reveal that in this recent period of USD retreat, traditional risk asset correlation have weakened. Asia currencies are also less reactive to UST, equities and brent. However, that could easily change should the USD bulls awaken...

No comments:

Post a Comment

Related Posts with Thumbnails