Central Banking Series

ECB worried over Trump volatility

Nov 25, 2016 11:11 am UTC| Commentary Economy Central Banks

The volatility surge and the selloffs in the bond market post-Donald Trumps victory in the United States that pushed that yield gap between a German 2-year bond and a French 2-year bond to the highest level in 24 months...

Central Banking Series

NBP likely to keep official rates unchanged in 2017 on expectations of gradual rise in inflation

Nov 25, 2016 10:18 am UTC| Central Banks Commentary

The National bank of Poland (NBP) is expected to keep official rates on hold through the next year, following expectations of a gradual rise in the rate of consumer inflation. Moreover, the minutes of the latest monetary...

Central Banking Series

Nerves rattle at Riskbank amid inflationary threat

Nov 25, 2016 10:03 am UTC| Commentary Central Banks Economy

As the bond selloffs showed its ugly head amid looming inflationary threat, it seems that nerves of central bankers are rattling all around the globe. In October Swedens Riskbank kept the rates at -0.5 percent but...

FX Hedging Strategy Series

FxWirePro: More bearish rout on cards for NZD/USD during Christmas – OTC hedging tools, option strategies and risk reward profile

Nov 25, 2016 06:29 am UTC| Central Banks Research & Analysis

We target 0.6812 levels (i.e. 23.6% Fibonacci retracements from the highs of 0.7485 levels) which is sensible based on an assumption the Fed will hike in Dec and the further hiking cycle in 2017 is also on the cards, while...

FxWirePro: AUD/NZD bulls in intermediated trend rebuild positive momentum, major trend drives in non-directional, upswings implied by interest rate

Nov 25, 2016 05:30 am UTC| Technicals Central Banks

The bulls break resistances of 1.0493, likely to make equidistance upmove (2.39%) upon breach above support of 1.0588. The current prices spike above DMAs, capture dips to add longs. RSIs upward convergence signals...

Central Banking Series

SARB keeps policy rate unchanged in wake of heightened global uncertainty

Nov 25, 2016 05:20 am UTC| Central Banks Economy

The South African Reserve Bank (SARB) remained on hold at the monetary policy meeting held Thursday, underlining weak domestic currency amid heightened risks from global uncertainty. Also, inflation remained below the...

FX Hedging Strategy Series

FxWirePro: CBRT surprises with repo rate to add pressure on lira – 1m HY IVs to stimulate call spreads

Nov 25, 2016 04:35 am UTC| Central Banks Research & Analysis

The Central Bank of Turkey raised its benchmark one-week repo rate by a higher-than-expected 50bps to 8 pct on November 24th and its overnight lending rate by 25 bps to 8.5 pct, while it held its borrowing rate at 7.25...