FW: [Maybank] NZD – Less Optimistic Outlook

 

GBL: NZD – Less Optimistic Outlook FX Flash by Saktiandi Supaat FX Research NZ results remain inconclusive for any party to form a government. Though national won the most seats amongst the parties, they are short of the 61 seats required to form a majority. NZ First party now holds the balance of the power to form the government with either National or Labour-Greens coalition. A grand coalition involving Labour, Green and NZ First will likely point to a more inward looking, nationalist-focused agenda, this may bode ill for NZD outlook. Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.