FW: [Maybank] 2017, Issue 9: Inflation Expectations, Yield Differentials & China Take Centre-Stage in Oct

 

 

GBL: 2017, Issue 9: Inflation Expectations, Yield Differentials & China Take Centre-Stage in Oct FX Monthly by Saktiandi Supaat FX Research We are revising GBP, AUD, MYR and KRW forecast stronger in the medium term whilst revising NZD, INR and IDR forecasts lower. There was slight calibration to USDCNY forecast in 1H 2018. We maintain positive outlook for EUR in the medium term but continue to caution for risk of correction owing to political risks; see risk of BoE tightening possibly as early as in Nov meeting; maintain bearish on NZD due to election and policy uncertainty; AUD and CNH to bear the brunt of China's clampdown... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.