FW: Global Markets Daily: Focus on the Fed and ECB

 

 

Focus on the Fed and ECB Global Markets Daily by Saktiandi Supaat FX Research USDJPY continues to paint the picture of stronger risk-taking this week, notwithstanding the BOJ meeting on Fri from which little is expected. Rising US rates also boost the USDJPY, apart from the positive risk appetite and that leaves little pressure on BoJ to do anything this time. The focus at the moment is on its fellow DM counterparts – FOMC (decision tonight) and ECB tomorrow. The rather muted reaction to the US CPI data last night suggests... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@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.