FW: [Maybank] Awaiting Trump’s Fed Chair Appointment

 

 

GBL: Awaiting Trump's Fed Chair Appointment Global Markets Daily by Saktiandi Supaat FX Research USD index is trading softer ahead of FOMC meeting, Fed Chair appointment and key economic data this week. Rumours swirling around currently are that Jerome Powell is favoured for the Fed Chair, leading markets to price in lower UST yields and softer USD. Still, we caution that USD index could rebound towards 95.90 levels should Trump appoint Taylor or data surprise on the upside. BOJ, FOMC and BoE policy meetings on Tue and Wed will be eyed for directional cues ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@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.