FW: Global Markets Daily: Risk Appetite Sours…Again

 

 

Risk Appetite Sours…Again Global Markets Daily by Saktiandi Supaat FX Research Markets should remain jittery on simmering Sino-China trade tensions as the dateline (6 Jul) for tariffs implementation approaches and exacerbated by Trump's rhetoric on Sun calling for US trade partners to end all their trade barriers or face new retaliatory measures. These concerns have been supportive of safe-haven assets with the JPY, CHF, gold and UST all climbing higher as a result. Meanwhile, both the USD and CNH (also possibly on RRR cuts on Fri) traded lower. Similarly, the AXJs are ... 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.