FW: [Maybank] EUR Boosted on German Coalition Progress

 

 

, GBL: EUR Boosted on German Coalition Progress Global Markets Daily by Saktiandi Supaat FX Research EUR jumped and close above 1.22-handle for the first time in 25 months last Fri. This came on the back of news that German Chancellor Merkel managed to reach an in-principle deal with Social democrats (SPD) to start formal coalition talks that could lead to a new coalition government in coming months. That said SPD delegates will still need to vote on whether to move talks to the next stage at a party conference on 21 Jan. If the SPD members vote down on the coalition treaty, Merkel's... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@maybank.com.sg Disclaimer This email and its attachment(s) are confidential and are intended solely for the use of the individual to whom it is addressed. Any views or opinions expressed are solely those of the author and do not necessarily represent those of Maybank Kim Eng or any of its affiliates. Intended recipients of this email are prohibited from disseminating, forwarding, printing and/or copying its contents. If you are not the intended recipient of this email, you are strictly prohibited to take any action based upon them, which also includes dissemination, forwarding, printing and copying of its contents. Maybank Kim Eng Research sent this e-mail to you because your Notification Preferences indicate that you want to receive information about our daily research reports. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please contact your representative HERE.