FW: [Maybank] Eye on Trump’s Decision on Iran Deal

 

 

Eye on Trump's Decision on Iran Deal Global Markets Daily by Saktiandi Supaat FX Research Oil prices eased after Trump tweeted that he will announce the Iranian decision (early tomorrow morning SG/KL time) ahead of the 12th May deadline. A decision for US to stick to the deal could help to ease some upside pressure on oil prices but we caution a decision to pull US out of the Iran deal could heighten geopolitical tensions and add to upside pressure on oil prices. This could weigh on currencies of net oil-importing countries such as INR, IDR and PHP (also suffering from twin deficits) 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.