Friday, September 8, 2017

FW: [Maybank] Seeking Refuge

 

header

GBL: Seeking Refuge

Global Markets Daily
by Saktiandi Supaat

FX Research

Eyes are on North Korea's ICBM launch, supposedly on Sat. That has pressed USDJPY lower this morning, last seen around 108.35. Jittery market sentiments could continue to keep this pair pressured as well as Asian equities under water for intra-day trade. With Hurricane Irma also poised to hit Florida on Sunday, safe havens are in demand including UST and other bonds, gold, CHF and JPY. USD is likely to remain biased to the downside against the Asian FX.

No comments:

Post a Comment

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

Related Posts with Thumbnails