FxWirePro: AUD's more scope for bounces as RBA and Fed defer rate decision
Jun 07, 2016 06:55 am UTC| Commentary Central Banks
We reckon that the AUD gains should not be surprised ever since the positive GDP flashes in last week, speculators began being concerned about a low probability to the Reserve Bank of Australia cutting its 2% official cash...
FxWirePro: AUD's more scope for bounces as RBA and Fed defer rate decision
Jun 07, 2016 06:21 am UTC| Insights & Views Central Banks
We reckon that the AUD gains should not be surprised ever since the positive GDP flashes in last week, speculators began being concerned about a low probability to the Reserve Bank of Australia cutting its 2% official cash...
Fed’s May LMCI slides on poor employment report, likely to further delay the rate hike
Jun 07, 2016 06:03 am UTC| Commentary Central Banks
The Federal Reserves Labor Market Conditions Index (LMCI) slid in May, following a poor performance from the labor market that too registered a decline in the same month, adding too few jobs into the US economy, slashing...
Fed’s Yellen seems positive on economic outlook, shrugs labor market concern
Jun 07, 2016 05:21 am UTC| Commentary Central Banks
The United States Federal Reserve Chair Janet Yellen, while speaking at an event in Philadelphia, affirmed her conviction of positivity on the overall outlook of the US economy, while warning that investors and other Fed...
Key highlights from Janet Yellen’s Philadelphia speech
Jun 07, 2016 05:02 am UTC| Commentary Central Banks
Speaking at World Affairs Council, in Philadelphia, FED Chair Janet Yellen provided best possible indication that the central bank is likely to hold steady in this months meeting. The Fed chair gave a broadly positive...
FxWirePro: USD/INR put spreads back in action on dovish RBI, USD/CNY stalls bull rout eyeing Fed
Jun 06, 2016 12:55 pm UTC| Central Banks Insights & Views
USDCNY has been trimming gains from last four days, drop from the highs of 6.5934 to the current 6.5650 (0.43%). China May activity and loan data should be a mixture of less impressive recovery in sales, continued YoY...
FxWirePro: Adjustments in KRW derivatives portfolio on dovish BoK
Jun 06, 2016 12:52 pm UTC| Central Banks Insights & Views
The KRW rates market has re-priced significantly higher its expectation for BoK easing, now pricing in a 66% chance of a cut in the next three months versus only around 35% before the May MPC minutes. But in this meeting...
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