Broad dollar weakness accentuates GBP strength in late Asia yesterday. UK retail sales surprised on the stron

GBL: Global Markets Daily FX Research by Saktiandi Supaat Risk Appetite Improves Broad dollar weakness accentuates GBP strength in late Asia yesterday. UK retail sales surprised on the strong side with a print of 1.4%m/m vs. the expected 0.1%. The UK was not the only nation to post stronger data. Philippines’ GDP came in higher at 7.0%y/y, beating the consensus of 6.6%. The release came after Australia’s employment number which was also above expectations but weakness in full time hires belie the strong headline. Nonetheless, the positive data barrage has directed flows... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Fiona Lim    (65) 6320 1374    fionalim@maybank.com.sg