FW: Global Markets Daily: Jay’s Semi-Annual Testimony

 

 

Jay's Semi-Annual Testimony Global Markets Daily by Saktiandi Supaat FX Research Trade war concerns may not stay in the backburner for long as focus is now on Fed Chair Jerome Powell's testimony before the Senate panel today and then the House Panel tomorrow. The Fed rate trajectory was rather clearly established in June but with the trade war started on 6 Jul, eyes are on Jerome's view on how much that would affect the chances of two more rate hikes this year. Note that CPI (headline) underwhelmed and import price declined unexpectedly in Jun... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@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.