FW: [Maybank] Playing The Tariff Exemption Trade

 

 

Playing The Tariff Exemption Trade Global Markets Daily by Saktiandi Supaat FX Research CAD was the underperformer vs. the USD as compared to its G10 peer yesterday. There were talks of AUDCAD buying, adding to the pressure on the loonie amid the fall in metal and oil prices yesterday. Not helping the least is Australia's exemption from the US import tariff vis a vis Canada's which is only temporary. This tariff exemption AUDCAD trade may not last for long unless there is a serious stall in NAFTA talks... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@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.