FW: [Maybank] KRW and INR in the Lead

 

 

GBL: KRW and INR in the Lead Global Markets Daily by Saktiandi Supaat FX Research Appetite for risk assets returned on better than expected corporate earnings, US data and no upset at house vote on tax reforms. Most US and EU equities closed in positive territories, with NASDAQ surging to close at record high. USD softness seen vs. some AXJs this morning in particular KRW on upbeat risk sentiment and rising rate hike bets and INR on Moody's rating upgrade this morning to Baa2 (from Baa3 previously). Focsu today on Malaysia 3Q GDP data, ECB's Draghi speaks and US housing data 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.