FW: [Maybank] Trade Tensions Could Linger

 

 

Trade Tensions Could Linger Global Markets Daily by Saktiandi Supaat FX Research UDS/Asians' slippage lower overnight proved to be short-lived. Rising risk sentiments on concerns over escalating trade tensions with the resignation of Trump economic advisor Gary Cohn prompted a knee-jerk sell-off in Asian assets. Consequently, Asian equity markets are in a sea of red this morning, weighing on most AXJs. Safe-haven proxy plays like the JPY and CHF though are climbing higher with the JPY supported around the 105.76 levels against the USD ... 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.