Weaker SEK unlikely to prevent Riksbank from taking action in December

Nov 09, 2016 12:00 pm UTC| Insights & Views Central Banks

The SEK weakened sharply after the Riksbanks dovish message at its October meeting which has raised questions whether the bank could refrain from cutting rates. On 26 October the Riksbank members unanimously held rates on...

NBP unlikely to change policy course in near term, swift wage growth to delay monetary easing

Nov 09, 2016 11:20 am UTC| Commentary Central Banks

The National Bank of Poland (NBP) is expected not to change its fairly conservative policy course in the near term as inflation is slowly returning to zero at last. The countrys consumer prices are anticipated to reach...

Bank of Thailand keeps interest rate at 1.5 pct, likely to maintain accommodative stance through 2017

Nov 09, 2016 09:10 am UTC| Central Banks

The Bank of Thailand, today, kept its key interest rate on hold at 1.5 percent. The committee unanimously voted to keep the rate on hold during its meeting today. This move was widely expected by the Thai central bank. The...

Currency War Series

US election outcome to determine Banxico's action next week

Nov 08, 2016 14:33 pm UTC| Commentary Central Banks Politics

The Mexican Peso remains vulnerable to developments in the U.S. elections which were reflected in the price action over the past two weeks. An improved likelihood of a Trump election victory was bad for the peso, while a...

Hungary's central bank likely to maintain base rate at 0.9 percent at least until end-2017

Nov 08, 2016 12:27 pm UTC| Insights & Views Economy Central Banks

Hungarys central bank left its benchmark interest rate at a record low of 0.9 percent for a fifth month in October and signaled that the easing cycle is finished for now. The central bank, which targets 3 percent price...

FX Hedging Strategy Series

FxWirePro: More dollar rally into X’mas FOMC - Uphold NZD/USD ITM delta puts as optimal hedging vehicle for a stronger dollar trade amid carry pullback

Nov 08, 2016 08:03 am UTC| Central Banks Commentary

TheUS Presidential electiontonight has been center of attraction for the markets. The results should become clear by Wednesday.While the FOMC member Evansspeaks on monetary policy; his stance on the latest payrolls data...

FX Hedging Strategy Series

FxWirePro: FII outflow and FI yields to append stress on Korean won further depreciation – 2m NDFs to address KRW vulnerability

Nov 08, 2016 07:55 am UTC| Central Banks Commentary

October was the first month since June that total portfolio outflows were recorded. Though Korean equities managed their eighth straight month of inflows, at USD0.3bn it was not enough to offset the USD3.2bn of outflows...