Tuesday, September 5, 2017

FW: [Maybank] Cautious Calm

 

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GBL: Cautious Calm

Global Markets Daily
by Saktiandi Supaat

FX Research

Overnight trade was lackluster, as expected. New York was away for Labor Day holiday. Much of the FX move seen in Asian and European session tapered off. Perhaps the most interesting statement is the one made by the US ambassador to the UN – that only the "strongest sanctions will enable us to resolve this problem through diplomacy". A new draft of sanction measures will be drafted by the US for the council to vote on them next Mon (11 Sep)...

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