FxWirePro: Capitalize on interim rallies of GBP/CAD to construct “Credit Put Spreads” to derive yields regardless of swings

Jul 19, 2016 11:50 am UTC| Central Banks Insights & Views

FX Option Strategy: Here comes the right option strategy to tackle puzzling swings of GBPCAD, put spread constructed at net credits, buy mid-month +1% Out of the money -0.37 delta put option, simultaneously, short 1W...

Riksbank concerned about global developments post Brexit vote

Jul 19, 2016 11:23 am UTC| Commentary Central Banks

The minutes from Riksbanks monetary policy meeting on July 6 indicate that it is concerned about global developments post UKs vote to leave the EU. The minutes also showed that it is quite satisfied with the developments...

Minutes of the July meeting reveal RBA unfazed by Brexit, but slightly subdued on domestic outlook

Jul 19, 2016 11:19 am UTC| Insights & Views Economy Central Banks

Reserve Bank of Australia (RBA) earlier today released minutes of the July meeting when interest rates were held unchanged at 1.75%. Minutes highlighted the central bank policy is not on a preset course and reiterated the...

ECB could run out of eligible bunds if it hikes asset purchase

Jul 19, 2016 09:52 am UTC| Commentary Central Banks

The European Central Bank (ECB) could soon be running out of eligible bunds to add to its purchase portfolio. It could also be said that European Central Bank (ECB) is already running out of options to add bunds to its...

RBNZ tightens loan-to-value restrictions, likely to be effective from Sep 1

Jul 19, 2016 09:24 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand has tightened the loan-to-value restrictions (LVR) for residential lending on Tuesday. The proposal stands in the consultation phase and is likely to be effective from September 1,...

UK referendum turmoil helps China to pursue stealth depreciation of its currency

Jul 19, 2016 09:17 am UTC| Commentary Central Banks

The Chinese currency has depreciated to its weakest level yesterday, since September 2010. Chinese yuan weakened to 6.7164 per dollar yesterday, however, that hardly made any headlines. As the market focuses on the Europe...

RBA keeps inflation into focus; likely to lower rates in August if inflation weakens

Jul 19, 2016 05:40 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia on Tuesday released the minutes of its July board meeting. The minutes had the similar line of the central banks recent commentary and did not provide any clear bias to lower official interest...