FW: [Maybank] Sentiment Soured

 

 

GBL: Sentiment Soured Global Markets Daily by Saktiandi Supaat FX Research USD remained mixed overnight – softer against JPY and CHF but firmer against AXJs and antipodeans. Talks of a potential 1-year US corporate tax delay (as reported by Washington Post) weighed on sentiment. With little tier-1 data to focus on today, we caution that escalation of geopolitical tensions in Saudi-Iran and US tax reform delay (if confirmed) could derail the USD and risk assets momentum – JPYKRW could be subjected to upside risks... 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.