Wednesday, May 31, 2017

Equities slipped along with the USD on the back of a marginal decline in the Conference Board Consumer Confidence to 117.9 fro


GBL: Mixed…



Global Markets Daily
by Saktiandi Supaat


FX Research





Equities slipped along with the USD on the back of a marginal decline in the Conference Board Consumer Confidence to 117.9 from previous 119.4 (revised). Apr PCE core did not provide much comfort, printing 0.2%m/m vs. previous -0.1%. UST yields slipped, with 10y last seen around 2.22%. The pullback in the greenback lifted most G10 currencies with NZD in the lead, followed by JPY and then AUD. EUR could be the main culprit for the USD retreat as the former rebounded towards the 1.12-figure ...

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