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Central Banks

Sun, Dec 16, 2018 03:21 PM All times are UTC Edition :

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FxWirePro: Lingering Optimism of CBR Rate Hikes to intensify RUB – Strategic Options Structures to Hedge USD/RUB

Dec 14, 2018 13:21 pm UTC| Research & Analysis Central Banks

The Bank of Russia raised unexpectedly its benchmark one-week repo rate by 25 bps to 7.75 percent on December 14th, saying the decision is aimed at limiting inflation risks that remain elevated, especially over the...

FxWirePro: Lingering Optimism of CBR Rate Hikes to intensify RUB – Strategic Options Structures to Hedge USD/RUB

Dec 14, 2018 12:09 pm UTC| Research & Analysis Central Banks

The ruble has been the top performer among EM currencies over the past month, which is surprising given the lingering oil price and sanction risks weighing against it. A further rate hike by CBR today could further bolster...

FxWirePro: ECB hawks disappear – Place EUR/USD diagonal options strips on dovish rhetoric

Dec 14, 2018 11:59 am UTC| Research & Analysis Central Banks

ECBs Mario Draghis press conference yesterday did not help the euro. European central banks President modestly seemed too pessimistic for that: growth and inflation forecasts revised down, warnings of global risks. On the...

FxWirePro: Robust EUR/JPY hedging sentiments for bearish risks on ECB and EU PMIs hint – Deploy Delta Instruments

Dec 14, 2018 10:41 am UTC| Research & Analysis Central Banks

After the ECB yesterday highlighted growing downside risks to the EU economy, todays manufacturing and services PMIs will provide further evidence on whether underlying growth momentum continues to soften. Last month, the...

Central Bank of Turkey keeps interest rate on hold at 24 pct

Dec 13, 2018 18:13 pm UTC| Commentary Central Banks

The Central Bank of Turkeys Monetary Policy Committee decided to keep the one-week repo auction rate on hold at 24 percent today. Lately, the released data indicate that rebalancing trend in the economy has become more...

FxWirePro: A glance at loonie and expression of USD/CAD call spreads

Dec 13, 2018 14:09 pm UTC| Research & Analysis Central Banks

The CAD is soft, down modestly vs the USD while underperforming most of the G10 currencies as market participants focus on escalating diplomatic tensions between Canada and China. The CADs standard driversoil prices...

FxWirePro: EUR/USD minor and major trend analysis on Fed’s prolonged hiking cycle

Dec 13, 2018 13:50 pm UTC| Research & Analysis Central Banks

FX analysts expected the Federal Reserve to hike rates more aggressively than what was priced in by investors, leading to a higher expected path for short term rates over the coming 10 years (Fed is scheduled for its...

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Economy

What moves markets more, Twitter or traditional news?

Can a single tweet make a countrys currency depreciate by 16%? Apparently it did on August 10, when Donald Trump tweeted that US tariffs on Turkish steel and aluminium would rise sharply. Amid 36,100 retweets, and calls by...

Corporate welfare bums: It’s payback time

Canadas welfare state is disintegrating. Meanwhile, Canadas corporate welfare state has never been stronger. In his 2018 Fall Economic Report, Finance Minister Bill Morneau announced that corporations would receive $14...

Why Apple is no longer a by-word for innovation – just ask the markets

Which company would you say is going to grow faster in the coming years: Apple or Dominos Pizza? Intuitively, we see Apple as an innovative firm with a forward-looking culture and disruptive ideas, while Dominos Pizza...

‘Start-up nation’: a symptom, but of what?

Under pressure, young entrepreneurs would tend to forget to take into account the effects of their ambitions on their surroundings. Just dance/Shutterstock Today, becoming a start-up nation is a public policy objective...

Angel investors, not entrepreneurs, need government support

What is the secret sauce in Silicon Valleys success? It doesnt hurt to have a high concentration of brilliant minds in one place, but perhaps the biggest factor is the high concentration of angel investors successful,...

Politics

WhatsApp skewed Brazilian election, proving social media's danger to democracy

Misinformation via social media was probably the main winner in Brazils October 2018 election, playing a troubling role in boosting far-right Congressman Jair Bolsonaro to presidency. Bolsonaro did not win 55 percent of...

Neoliberalism has led to a crisis in care – and we urgently need to solve it

Infant mortality is on the rise in the UK, while life expectancy for both men and women has stalled and is even dropping in some areas. In 2017, the number of homeless families and individuals placed in temporary...

Ramaphosa is missing an economic policy. What needs to be in it

As the entrails of the era under South Africas former president Jacob Zuma continue to be exposed each day before a commission set up to investigate corruption, so the country witnesses the consolidation of the political...

Law and order is no get-out-of-jail card for floundering politicians

With confidence in politicians at an all-time low, it would be easy to assume criminal law-making is only ever about law and order bidding and winning elections. For example, when it emerged that Hassan Khalif Shire Ali...

Emission targets: If there's a (political) will, there's a way

It seems like a day doesnt pass without the release of yet another study that shows human actions will inevitably increase the Earths average temperature past a tipping point that will lead to runaway climate...

Science

Proteins reveal intricate details about life under the microscope

People have always been fascinated by life. We dream about revealing all its mysteries and are even searching other planets trying to find some forms of life there. Philosophies around the world have tried to define and...

How researchers assess whether medications work

This article is in the series This is research, where we ask academics to share and discuss open access articles that reveal important aspects of science. Todays piece explains how clinical trials assess drug...

These 'useless' quirks of evolution are actually evidence for the theory

Evolution is a fascinating field but can be rife with misunderstanding. One misconception is that evolution has some innate sense of direction or purpose. In reality, evolution is a mindless, plan-free phenomenon, driven...

Curious Kids: How does the Moon, being so far away, affect the tides on Earth?

This is an article from Curious Kids, a series for children. You can send your question to [email protected] You might also like the podcast Imagine This, a co-production between ABC KIDS listen and The...

Opening Pandora's Box: Gene editing and its consequences

Today, the scientific community is aghast at the prospect of gene editing to create designer humans. Gene editing may be of greater consequence than climate change, or even the consequences of unleashing the energy of the...

Technology

How Twitter got blindsided by India’s still-toxic caste system

Twitter chief Jack Dorseys first visit to India had been going so well. He got to meet Prime Minister Narendra Modi (an avid Tweeter with 44.5 million followers), King of Bollywood Shah Rukh Khan (36.8 million followers),...

The Montréal Declaration: Why we must develop AI responsibly

I have been doing research on intelligence for 30 years. Like most of my colleagues, I did not get involved in the field with the aim of producing technological objects, but because I have an interest in the the abstract...

Protecting our digital heritage in the age of cyber threats

One of the key functions of the government is to collect and archive national records. This includes everything from property records and registers of births, deaths and taxes, to Parliamentary proceedings, and even the...

3 ways Facebook and other social media companies could clean up their acts – if they wanted to

Facebook is in crisis mode, but the company can take major steps to fix itself and the global community it says it wants to promote. Facebook founder, CEO and majority shareholder Mark Zuckerberg need not wait for...

Tech giants need to take more responsibility for the advertising that makes them billions

Last week I was followed around the Internet by a pair of shoes. I had looked at them online as a gift for my father-in-law, but he didnt like them, and neither did I. Yet no matter what site I visited, there they were,...

Digital Currency

Bitcoin's successor? More consistent values might make 'stablecoins' a safer cryptocurrency option

FxWirePro: Crypto arbitrage opportunity for the day

French Authority’s Actions on Crypto and Binary Options to Prevent frauds

Law