Friday, August 11, 2017

FW: [Maybank] Risk is Off



GBL: Risk is Off

Global Markets Daily
by Saktiandi Supaat

FX Research

The past few sessions have kept the Aug's seasonality patterns intact. Global equities slipped deeper into red as Trump continues to remain engaged in his war of words with North Korea. After a specific missile threat on Guam, the US President warned that "things will happen to them (North Korea) like they never thought possible". Flight to safety is in vogue now with UST yields falling, USDJPY at the 109-figure, gold on its way towards U$1290 and Korea's 5y CDS rose to its year high at 63.07...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails