Tuesday, October 4, 2016

Overnight session was in want of stronger trading cues. Equity benchmark indices gapped down at open an





FX Research
by Saktiandi Supaat


Eyes on RBA and RBI





Overnight session was in want of stronger trading cues. Equity benchmark indices gapped down at open and remained in modest negative terrain for the rest of the night. The day ahead has RBA and RBI meeting with their respective new Governors. We do not expect RBA to move. The tone of the recent RBA statements has been rather neutral and RBA’s reiteration of their commitment towards a “flexible” medium-term inflation target as well as broader priority ...



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