FW: [Maybank] Recoupling

 

 

Recoupling Global Markets Daily by Saktiandi Supaat FX Research USD was choppy around the release of Fed Minutes overnight. Initial decline was more than reversed as Minutes showed Fed officials are increasingly finding confidence in economic outlook. Officials viewed the latest data on consumer and business spending as a sign of "substantial underlying economic momentum" and they specifically pointed to the tax reforms as a reason to be optimistic about the economy over the short term. A number of officials saw the initial effects of the tax law as a ... 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.