Thursday, December 7, 2017

FW: [Maybank] Cautious Mood

 

 

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GBL: Cautious Mood

Global Markets Daily
by Saktiandi Supaat

FX Research

Cautiousness continues to pervade the global equity space amid concerns of potential US government shut-down and ahead of US NFP on Fri and FOMC meeting next Thu. Asian equity markets were mixed with Japan, Singapore, Malaysia markets higher but lower in the rest of Asia including China. This is broadly weighing on Asian FX this morning. UST yields is inching higher following US ADP print, which was largely in line with expectations, and is likely to widen yield differentials in favour of ...

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