Tuesday, August 22, 2017

FW: [Maybank] US-N.Korea Resumed War of Words

 

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GBL: US-N.Korea Resumed War of Words

Global Markets Daily
by Saktiandi Supaat

FX Research

Today marks the first day of US-S.Korea annual military drills and war of words between N.Korea and US have restarted. N.Korea says US to face revenge for ignoring drill warnings while US plans to issue to strong warning message to N.Korea when they speak at a press conference later today. Gold was above US$1,290 while USDJPY was below 109-handle. While EUR could stay broadly supported as markets anticipates some signalling of removal of monetary stimulus from ECB's Draghi at the upcoming ...

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