Monday, September 25, 2017

FW: [Maybank] Focus on US Tax Reform Outline

 

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GBL: Focus on US Tax Reform Outline

Global Markets Daily
by Saktiandi Supaat

FX Research

This week's focus is on US tax reform outline (to be announced this week) – material progress may provide further support for the USD, especially against JPY and CHF, barring re-escalation of geopolitical tensions. This week also brings US 2Q GDP (Thu) and PCE core (Fri). Further upside surprise should provide support for the USD. EUR traded softer this morning in reaction to Right-wing AfD's showing at the Federal Elections held Sun. The right-leaning AfD (which campaigned on ...

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