FxWirePro: Stay short in NZD/CAD on valuation, RBNZ, disinflation and China slowdown
Aug 03, 2016 07:33 am UTC| Research & Analysis Insights & Views Central Banks
On Valuation terms: NZD remains overvalued, while milk powder prices have stayed depressed and inflation in New Zealand has surprised to the downside. NZD TWI strength is a major concern, together with downside risks to...
Aug 03, 2016 07:12 am UTC| Research & Analysis Insights & Views Central Banks
1W and 2W ATM IVs of GBP crosses are acting crazily in OTC markets, GBPJPY flashing more than 19.80% and 17.20% respectively ahead of Bank of Englands monetary policy which is most likely to ease about 25bps. Please...
Is the concept of 'helicopter money' set for a resurgence?
Aug 03, 2016 06:50 am UTC| Insights & Views Economy Central Banks
As a student I was taught (and this will date me) that macroeconomics (the study of the economy as a whole) was essentially governed by two alternative views Keynesianism and Monetarism. Keynesians believed that the...
Bank of Thailand likely to keep policy rate on hold at 1.5 pct
Aug 03, 2016 05:30 am UTC| Commentary Central Banks
The Bank of Thailand is likely to keep its policy rate on hold today at 1.5 percent, noted Scotiabank in a research report. The central bank policymakers are worried regarding the macroeconomic and financial stability. The...
Turnbull to banks: pass on whole interest rate cut
Aug 03, 2016 05:15 am UTC| Insights & Views Central Banks
Prime Minister Malcolm Turnbull has sternly told the banks they should pass on the whole of Tuesdays rate cut - or their chief executives must explain why they are not doing so. After the Reserve Bank cut the cash rate...
Aug 02, 2016 12:34 pm UTC| Insights & Views Central Banks
EURSEK has continued higher over the last month, trading a shy below 9.60, which is the highest level seen since last autumn. The growth in Sweden is solid and inflation has risen. Despite the positive trend, the...
Markets bet on another RBA rate cut in early 2017
Aug 02, 2016 12:18 pm UTC| Insights & Views Economy Central Banks
Earlier on Tuesday, the Reserve Bank of Australia (RBA) decided to cut its benchmark interest rate by 25 basis points to a record low level of 1.50 percent. The decision was largely in-line with market expectations. The...
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