FW: [Maybank] USD Gains Not Convincing

 

 

GBL: USD Gains Not Convincing Global Markets Daily by Saktiandi Supaat FX Research The passage of US tax reforms failed to boost investor sentiments. Focus instead centered on the ongoing investigation by Special Counsel Mueller that could engulf Trump. Asian equity markets largely tracked those in the US and Europe and are trading lower to start the week. This could weigh on Asian FX ahead. USD performance was mixed with those highly sensitive to UST changes such as JPY, SGD, KRW, THB, CHF weaker vs. USD. Data-wise, focus the week ahead will be on US ADP and NFP ... 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.