FW: [Maybank] Relief Possible For AXJs Ahead

 

 

Relief Possible For AXJs Ahead Global Markets Daily by Saktiandi Supaat FX Research US equity markets ended lower on Fri ahead of market closure on Mon, while in Europe, political concerns over Italy and Spain weighed on the markets there. Easing geopolitical risks over North Korea and expectations of another election in Italy since then are supportive of the EUR and weighs on the USD. Pullback in UST yields on Fri saw 10Y remain below the 3.0% levels. Oil prices also slipped lower on supply concerns with Brent below USD75/bbl. These should provide the AXJs with some relief... 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.