Aussie seems costlier than Mexican Peso against dollar on political and fundamental terms
Aug 26, 2016 13:32 pm UTC| Central Banks Insights & Views
The global hunt for yield has favored the AUD, which is currently outperforming iron ore. The AUD has gained 6% against the MXN since late January on the back of the global hunt for yield. The AUD would also suffer in the...
Aug 26, 2016 12:23 pm UTC| Central Banks Commentary
As per the National Bank of PolandsMPC, the latest minutes unpredictably indicated that several MPC members are willing to consider rate cuts. This comes as a surprise because individual interviews in recent months tended...
Janet Yellen’s Jackson Hole speech preview
Aug 26, 2016 11:11 am UTC| Commentary Central Banks
Federal Reserve Chair Janet Yellen is scheduled to begin her speech in Jackson Hole economic symposium organized by Kansas City Federal Reserve, today at 14:00 GMT and the subject is Federal Reserves monetary policy...
National Bank of Poland likely to cut rates by 2016-end
Aug 26, 2016 09:16 am UTC| Commentary Central Banks
The National Bank of Polands Monetary Policy Committees latest minutes surprisingly indicated that many MPC members are ready to consider lowering interest rate. This is unexpected as individual interviews in recent months...
FxWirePro: Derivatives strategy for EURIBOR as ECB continue to be dovish until Christmas
Aug 25, 2016 13:34 pm UTC| Central Banks
Long-term hedge against higher rates: As the EUR long rates have moved lower and the yield curve has flattened, there is increasing interest in long-term hedges against a scenario of rates eventually moving higher. EUR...
Negative interest rate policy arouse doubts over impact on capital markets, IMF defends ECB’s policy
Aug 25, 2016 11:54 am UTC| Commentary Central Banks
The negative interest rate policy has aroused doubts over the potential impact on capital markets; the debate about whether a negative interest rate policy (NIRP) helps or hinders the transmission mechanism of monetary...
Briferendum Aftermath Series: BoE’s long-dated gilt purchases likely to face troubles ahead
Aug 24, 2016 11:27 am UTC| Commentary Central Banks
The Bank of Englands (BoE) newly introduced quantitative easing unlikely to be a smooth one, especially the purchases of long-dated gilts. The central bank is purchasing 1.17 billion worth of short-dated securities on...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects