FxWirePro: The Day Ahead- 1st February 2017
Feb 01, 2017 05:44 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: United Kingdom: BRC shop price indexdeclined1.7 percent y/y in January. Japan: Nikkei...
SNB allows CHF appreciation, accepts lower EUR-CHF exchange rate
Jan 31, 2017 16:45 pm UTC| Commentary Central Banks
EUR-CHF slips below the 1.0680 mark following strong export data on Thursday. A generally weaker EUR caused downside pressure. The current level had provided good support for the currency since November. Swiss FX...
BoE Super Thursday could see some volatility even if rates and quantitative easing are held steady
Jan 31, 2017 12:38 pm UTC| Insights & Views Central Banks
The Bank of England (BoE) back into focus this Thursday as it holds its first monetary policy meeting for 2017. Analysts widely expect the central bank to maintain its interest rate at a historic low of 0.25 percent amid...
Jan 31, 2017 12:22 pm UTC| Economy Central Banks Commentary
The Bank of Japan (BoJ) Governor Haruhiko Kuroda said in the conference held post monetary policy decisionthat the central banks inflation target of 2 percent is likely to be reached around fiscal year 2018, while the...
Global reflation Series: Inflation returning in Europe amid high unemployment
Jan 31, 2017 11:16 am UTC| Commentary Economy Central Banks
More evidence shored up since yesterday that the inflation is in fact, picking up across the European continent. Yesterday, two regions in Germany reported more than 2 percent inflation; Hesse (2.4 percent), Saxony (2.3...
FxWirePro: USD/TRY FVAs hedge seems more appealing
Jan 31, 2017 09:25 am UTC| Central Banks Research & Analysis Insights & Views
There is merit in earning carry in risk efficient form, and we sell USDTRY 1Yx1Y FVAs hedged with a static vanilla ATM call. USDTRY 1Yx1Y FVAs an appealing shorts, we are not chasing the drop in USD gamma lower;...
FxWirePro: Two FX derivatives trades for USD/RUB on threats of potential CBR FX interventions
Jan 31, 2017 07:41 am UTC| Research & Analysis Insights & Views Central Banks
In upcoming Russian monetary policy meeting, the CBR to remain on hold at 10%. Recent CBR rhetoric has been fairly cautious and we dont think the CBR would act at a non-core meeting (the next core meeting is in March)....
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects