Tuesday, August 15, 2017

FW: [Maybank] Relief

 

GBL: Relief

Global Markets Daily
by Saktiandi Supaat

FX Research

Equities rebounded in relief from recent declines, starting from Asia, as market players were assured that tensions between the US and North Korea have eased. The US Secretary of State and US Secretary of Defence have indicated that the US administration would pursue diplomatic resolutions with North Korea. The rebound did not just stop at risk assets. US treasuries were unwound and the rise in yields also lifted the USD against most currencies ...

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