FW: [Maybank] Of US Tax Vote, EU CPI, UK Retail Sales

 

 

GBL: Of US Tax Vote, EU CPI, UK Retail Sales Global Markets Daily by Saktiandi Supaat FX Research US data was a mixed bag with retail sales and Empire Mfg missing expectations but CPI a touch higher than previous month and expectations. That said the overall picture still point to decent growth and price pressures. Expectations for Fed rate hike remains intact: 30D Fed Fund Futures showed 97% chance priced in for rate hike next month. Meanwhile optimism on US tax reforms is somewhat dampened with some opponents opposing to the tax plans. The House is due for a vote on tax reforms later.. 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.