FxWirePro: The Day Ahead- 21st March 2017

Mar 21, 2017 04:57 am UTC| Commentary Central Banks

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: RBA released minutes of themeeting. House prices rose by 4.1...

FX Hedging Strategy Series

FxWirePro: Diagonal Credit Call Spreads to hedge USD/TRY’s momentary dips on Fed and CBT’s tipoffs

Mar 20, 2017 12:27 pm UTC| Central Banks Commentary

CBT holds its March rate in the recent meeting: we do not expect the Turkish CB to raise its benchmark repo rate from 8%. CBT is unlikely to touch any other rate either, besides the late liquidity lending rate, which we...

BoJ may introduce forward guidance on yield curve control policy relatively soon

Mar 20, 2017 11:49 am UTC| Insights & Views Central Banks

Growth in Japan is holding up nicely and economic activity has gained momentum since 4Q16 with the pickup in the global capex and manufacturing cycle. Inflation has started to push back above the waterline. But as Governor...

FxWirePro: Swiss foreign reserve surges as SNB banks on the ECB to pave the way

Mar 20, 2017 10:24 am UTC| Central Banks Insights & Views

As the market gradually adjusts to the idea of policy tightening by the ECB, it is useful to consider the options ahead for the Swiss National Bank (SNB). Switzerland is entirely enclosed by the euro area, which is its...

FxWirePro: Canadian economic slack warrants BoC’s status quo – “Diagonal Debit Put Spread” to keep EUR/CAD’s downside risks on check

Mar 20, 2017 09:42 am UTC| Central Banks Research & Analysis Insights & Views

The statement from BoCs March 1st meeting reiterated the point that, unlike the US, Canada was an economy that continues to be beset by material excess economic slack, and thus warrants a policy stance that remains very...

Fundamentals to watch out for this week

Mar 20, 2017 09:10 am UTC| Commentary Central Banks

Not many risk events scheduled for this week, after heavily risk-filled last week. What to watch for over the coming days: Central banks: Several Fed policymakers are scheduled to speak this week after it...

Central Banking Series

Taiwan central bank likely to hold benchmark discount rate at 1.375 pct, says DBS Bank

Mar 20, 2017 06:24 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) (CBC) is expected to hold the benchmark discount rate at 1.375 percent at its monetary policy meeting, scheduled to be held on March 23 and maintain the view that economic...