Upbeat UK Q3 GDP data lowers chances of Bank of England's easing next week

Oct 27, 2016 11:32 am UTC| Insights & Views Economy Central Banks

Data released by the Office for National Statistics on Thursday showed that UK Q3 GDP grew by 0.5 percent, beating forecasts for 0.3 percent growth. Growth was, however, slower than the 0.7 percent recorded in the second...

Riksbank keeps policy rate on hold, likely to expand bond purchase program in H1 2017

Oct 27, 2016 09:06 am UTC| Commentary Central Banks

The Swedish central bank, Riksbank, kept its policy rate on hold at -0.5 percent during its meeting today, as was widely anticipated. However, the central banks message today seems dovish and is expected to ease further,...

FX Hedging Strategy Series

FxWirePro: A glimpse on Swiss franc – Uphold USD/CHF put ladders on 1m tepid vols

Oct 27, 2016 07:41 am UTC| Central Banks Commentary

Stay short in USDCHF; trade is very close to stop-out level. This trade was initially recommended in September post-BoJs September policy framework change on the expectation that the BoJ shift would bring attention to...

FX Hedging Strategy Series

FxWirePro: Aussie inflation unlikely to disregard RBA’s easing cycle in 2017 but status quo in next meeting most likely – Collar to hedge AUD/JPY risks

Oct 27, 2016 06:57 am UTC| Central Banks Commentary

The RBAs Q3 print sat awkwardly for the market, with the first blush of headline inflation leaving investors pondering if the low has been set. However, underlying inflation was certainly soft and does not eliminate the...

FX Hedging Strategy Series

FxWirePro: Polish statistical authority flashes upbeat GDP guidance but not suffice to meet NBP projections, Uphold cross spreads in EUR/PLN/USD

Oct 26, 2016 12:50 pm UTC| Central Banks Commentary

Polands Central Statistical Office (GUS) gave guidance that we should expect Q3 GDP to have increased by just under 3.1%, about similar to Q2. But the forecasts for Q3 GDP were marginally lowered after IP and retail...

Australia Q3 inflation data mixed, makes RBA's rate decision next week a close call

Oct 26, 2016 12:31 pm UTC| Insights & Views Economy Central Banks

Australias September quarter consumer price inflation (CPI) data released earlier on Wednesday showed that headline CPI rose by 0.7 percent for the third quarter, beating expectations for an increase of 0.5 percent and was...

FX Hedging Strategy Series

FxWirePro: Can Cable call spreads with lengthier tenors outperform Article 50?

Oct 26, 2016 10:36 am UTC| Central Banks Commentary

Although the sterling came under notable pressure yesterday ahead of the hearing of Bank of England governor Mark Carney in front of the House of Lords committee. However, Carney did not provide any news, i.e. he did not...