FxWirePro: NZD/USD projections and hedging framework for 2017
Feb 02, 2017 12:29 pm UTC| Central Banks Research & Analysis
NZDUSD medium term perspectives:The month ahead could see NZDUSD extending beyond 0.7500 (Sep high) if the US dollar continues to register disappointment in the Trump Administrations policies. Further ahead, though, the...
Feb 02, 2017 12:22 pm UTC| Commentary Central Banks
In Novembers Monetary Policy Statement, the New Zealand central bank shifted to a more neutral stance. The Reserve Bank of New Zealand cut the cash rate in November to a new record low of 1.75 percent. The central bank had...
Feb 02, 2017 12:07 pm UTC| Central Banks Research & Analysis
The US Federal Reserve maintained monetary policy unchanged last night, as broadly anticipated. The accompanying statement was a little more upbeat than before, noting the improvement in consumer and business sentiment....
Another ‘Super Thursday’ from Bank of England
Feb 02, 2017 10:32 am UTC| Commentary Central Banks
Super Thursday is back. …………… thanks to Bank of Englands (BOE), mega releases and events. Today Bank of England (BOE) will announce its regular monetary policy along with minutes. What...
Central Bank of Russia likely to keep interest rate on hold in February, may cut in March
Feb 02, 2017 09:43 am UTC| Commentary Central Banks
The Central Bank of Russia is expected to keep the key interest rate on hold at 10 percent during its meeting on Friday despite the growth momentum being negative and inflation decelerating, noted Nordea Bank in a research...
FxWirePro: Stay short hedged in AUDJPY through one-touch calendar spread
Feb 02, 2017 07:00 am UTC| Research & Analysis Insights & Views Central Banks
We structured a bearish AUDJPY view through a calendar spread of one-touches (short a 3m one-touch put, long a 6m) to capture the good-bad duality in Trumps policy platform. The markets have been squarely focused since the...
FOMC monetary policy January 2017: Assessing future bias
Feb 02, 2017 05:22 am UTC| Commentary Central Banks
Yesterday, FOMC policymakers preferred to keep policy steady and not to go for a hike. This was somewhat expected given the fact that Fed hikes rates in December last year. Lets first assess the bias in monetary policy...
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