Tuesday, April 17, 2018

FW: [Maybank] AXJs Mixed



AXJs Mixed

Global Markets Daily
by Saktiandi Supaat

FX Research

USD remained on the backfoot following Trump's tweet accusing China and Russia of currency manipulation. US equities were not affected by the tweet, climbing higher on improving risk sentiments, while Asian equities were mixed this morning following China data releases. Not surprisingly, the AXJs were also mixed with the CNY, CNH, and MYR weaker while the KRW, SGD and THB stronger. Higher oil prices should keep commodity currencies like the CAD supported intraday.


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.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails