Fed likely to adopt only one rate cut in 3 to 6 months ahead, BoE to cut in Jan’20: Danske Bank

Nov 12, 2019 09:29 am UTC| Commentary Central Banks Economy

The Federal Reserve is expected to adopt only one rate cut in 3 to 6 months ahead; the timing of the cut is difficult but, as the Fed wants to see how things play out, the March meeting is probably the earliest...

FxWirePro: Spot on Hefty Risk Premium in MXN Vols – Ratio Call Spreads For EUR/MXN and USD/MXN

Nov 11, 2019 13:46 pm UTC| Research & Analysis Central Banks

MXN realized vol is at historically low levels, resulting in eye catching MXN and x-MXN implied realized vol spreads within the EM space (4.5vol and 3.8vol for EURMXN and USDMXN, respectively). Despite the hefty risk...

FxWirePro: Capitalize on NZD/JPY Interim Rallies and Optimize Debit Put Spreads Ahead of RBNZ

Nov 11, 2019 11:29 am UTC| Research & Analysis Central Banks

The RBNZis scheduled for their monetary policy this week.The kiwis central bank cut 50 bps in its August meeting andhad said that there was room to cut further if required. We interpret this as an easing bias rather than a...

RBNZ likely to keep OCR unchanged at November MPS, forecast to be unchanged from August: Westpac Research

Nov 11, 2019 07:45 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to keep the Overnight Cash Rate (OCR) on hold at its monetary policy meeting this week and deliver a statement similar to its September OCR Review, according to the latest...

FxWirePro: Precious Yellow Metal’s Price Dynamics and Optionality For The Upside Traction

Nov 08, 2019 12:12 pm UTC| Research & Analysis Insights & Views Central Banks

Gold prices ended last week up nearly $10/oz (+0.7%) despite the Fed signalling an end to its insurance easing cycle and the October US employment report coming in much better than expected. Both China and Germany...

FxWirePro: Spotlight on Major Catalysts For Kiwis – IV Skews and Hedging Perspectives of NZD/USD Ahead of RBNZ

Nov 08, 2019 09:09 am UTC| Research & Analysis Central Banks

RBNZ is scheduled for their monetary policy next week, market pricingfor Kiwisis 25bps of easing, with a terminal rate of 0.70%. NZDUSD is little edgy at around 0.64 levels though the pair seems to be volatile for today,...

BSP likely to keep policy rate unchanged through rest of the year given better-than-expected Q3 GDP, says ANZ Research

Nov 07, 2019 09:07 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to keep its policy rate unchanged through the rest of the year given the better-than-expected performance of GDP in the third quarter of this year, according to the latest...