Wednesday, May 23, 2018

FW: [Maybank] Geopolitical Concerns Back In Focus



Geopolitical Concerns Back In Focus

Global Markets Daily
by Saktiandi Supaat

FX Research

Dow slipped nearly 180 pts overnight, weighed by concerns that the US-North Korean summit might not materialise. This should weigh on sentiments in Asia and spur portfolio outflows, putting downside pressure on the AXJs. Global oil prices were mixed yesterday with Brent little changed and WTI slipping marginally. Further softness in oil prices could weigh on commodity-linked currencies like the CAD and MYR. UST yields' rollercoaster ride yesterday ended with UST yields little changed ...


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