Wednesday, February 22, 2017

US equities firmed on earnings report from Walmart and Home Depot overnight. Oil prices also firmed on comments from OPEC that they are targeting 100% compliance of production. Giv





Global Markets Daily
by Saktiandi Supaat


FX Research





US equities firmed on earnings report from Walmart and Home Depot overnight. Oil prices also firmed on comments from OPEC that they are targeting 100% compliance of production. Given the spate of political risks coming up in Europe (Far Right parties in Netherlands and France continue to lead in opinion polls) and some degree of uncertainty with Trump and his policies, we remain bias to short EUR vs. GBP and JPY. On USD/Asia, we look for opportunities to buy USD on dips vs. KRW around ...

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