FW: [Maybank] Consolidative Mood

 

 

GBL: Consolidative Mood Global Markets Daily by Saktiandi Supaat FX Research Markets were in the mood for consolidation with most currencies trading in recent subdued ranges. There was little tier-1 data and an absence of Fed speaks to inspire markets. The biggest mover overnight was bitcoin as value surged to record high of $7,879 after developers called off plans to split the currency. NZD jumped on RBNZ's slightly hawkish tone. Day ahead focus on BNM and BSp policy decisions. Both are expected to keep policy status quo. On data, focus on UK IP, construction output.. 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.