Monday, October 16, 2017

FW: [Maybank] EU Political Risks Re-Emerges

 

 

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GBL: EU Political Risks Re-Emerges

Global Markets Daily
by Saktiandi Supaat

FX Research

The slippage in the USD index following disappointing inflation data print proved to be short-lived. Rising political risks in EU weighed on the EUR, providing support for the USD. Rising geopolitical tensions over North Korea on concerns of a possible missile launch could see safe-haven flows re-emerge. We look for the Dollar Index to remain in consolidation for now. Meanwhile, these concerns failed to put a dent on equity markets with Asian markets trading higher ...

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