Chart of the Day: Czech peg break
Apr 04, 2017 15:53 pm UTC| Commentary Central Banks
The volatility curveof the Czech Koruna is suggesting that the market is pricing the much-anticipated peg withdraw by the Czech central bank within the next 2 months. The central bank hasnt given out any specific date...
RBA monetary policy: Assessing future bias
Apr 04, 2017 13:15 pm UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the global...
Apr 04, 2017 12:19 pm UTC| Central Banks Research & Analysis Insights & Views
EURJPY demonstrates the highest beta to Euro-turmoil for the obvious reason that both legs of the cross pull in the same direction during stress. The GFC period is deliberately excluded from the analysis assuming that a...
FxWirePro: A glimpse on EONIA derivatives on ECB dovish rhetoric
Apr 04, 2017 11:01 am UTC| Central Banks Research & Analysis Insights & Views
The ECB rhetoric has reduced expectation of an early ECB lift off but the EONIA market is still pricing 10bp of tightening by Jun18. We acknowledge the risk of earlier lift-off relative to our baseline scenario. Close...
FxWirePro: BoC’s dovish stance keeps CAD growth at stake – Reverse knock outs EUR/CAD put flies
Apr 04, 2017 07:36 am UTC| Central Banks Research & Analysis Insights & Views
Along similar lines of EURUSD, we also like EUR call/CAD put flies. The macro view on CAD is negative on a mix of BoC dovishness, sensitivity to NAFTA renegotiation talk which is likely to re-enter headlines over the...
FxWirePro: The Day Ahead- 4th April 2017
Apr 04, 2017 05:56 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Trade balance for February came at 3.574 billion. RBA kept interest rates...
Apr 04, 2017 05:50 am UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) is expected to remain on hold at the monetary policy meeting, scheduled to be held on April 6, while introducing a new policy tool to drain excess liquidity. The central is likely to retain...
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