FW: [Maybank] USD/AXJs In Consolidation

 

 

GBL: USD/AXJs In Consolidation Global Markets Daily by Saktiandi Supaat FX Research Risk appetite could remain supported intraday with Asian equity markets tracking US and European equities higher. The markets largely ignored the ICBM launched by North Korea, preferring instead to focus on the healthy global growth. Chinese stock markets though continued their sell-off, and this together with the higher USDCNY fixing today is dragging the USD/AXJs higher. USD/AXJs though are mostly in consolidative mode ahead of key US events/data releases ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@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.