Thursday, April 5, 2018

FW: [Maybank] Cautious Sentiment

 

 

Cautious Sentiment

Global Markets Daily
by Saktiandi Supaat

FX Research

Another choppy session in equity markets overnight amid tit-for-tat from US and China on tools of trade war – tariffs - while keeping doors open for negotiations. While plans of tariffs were announced, none have been implemented yet. Negotiations for a compromised deal are probably underway and that is keeping sentiment cautiously supported. Equity markets reversed earlier losses and ended higher the overnight session higher while most high-beta currencies such as AUD, NZD edged higher...

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