Friday, April 21, 2017

v US Dollar, yields and stocks rally following Mnuchin’s tax comments


Highlights of today’s AmBank FX Daily Outlook as follow:-

v  US Dollar, yields and stocks rally following Mnuchin’s tax comments
v  MYR to fluctuate in the range of 4.3846-4.4116 against US Dollar
v  Key watch:-(i) US Fed Kashkari speech; (ii) UK BOE Saunders speech; (iii) Apr US manufacturing and services PMIs;(iv)Mar US existing home sales;(v) Mar US Baker Hughes oil rig count;(vi) Mar UK retail sales;(vii) Apr EU composite PMI; (viii) Apr Japan manufacturing PMI; (ix) Apr/14 India foreign reserves

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