FW: [Maybank] All Eyes On FOMC

 

 

GBL: All Eyes On FOMC Global Markets Daily by Saktiandi Supaat FX Research USD index bounced overnight to a level not seen since mid-Nov of 94.2190 but has since eased off. This dip though could be short-lived given US CPI tonight and FOMC meeting tomorrow morning (SG/KL time) could reignite USD bulls. In Asia, equity markets are mixed as are the AXJs. We are also seeing continuing upside pressure on the USDIDR and USDPHP on concerns over a more aggressive Fed rate hike trajectory in 2018, while their central banks (which meets tomorrow) holds policy rates steady ... 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.