Emerging Market Crisis Series

Can FOMC be less dovish this week? - Rates in Emerging Asia

Apr 26, 2016 05:02 am UTC| Commentary Central Banks

This weeks US FOMC meeting could set the tone for USD/Asia. With the recent risk rally, improvement in Chinas data and a loosening in financial conditions on the back of the USD depreciation, the Fed will likely be less...

FX Hedging Strategy Series

FxWirePro: Hedge USD receivables on boosted risk reversals in H2 of 2016

Apr 22, 2016 12:37 pm UTC| Commentary Central Banks

DXY (dollar index) which measures the greenbacks strength against a trade-weighted basket of six major currencies, was currently up at 94.90 comparing previous close at 94.65. Overnight, the dollar trimmed losses...

Negative Rates Series: Can central banks digest their own negative medicine?

Apr 22, 2016 09:38 am UTC| Commentary Central Banks

Central banks around the developed world, increasingly pushing the yield curve towards zero, either through asset purchase or through introduction of negative rates. After Japanese government introduced negative rates,...

ECB policy meeting preview

Apr 21, 2016 11:32 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Frankfurt. Current policy...

Market underestimates FED’s hike intention

Apr 21, 2016 09:52 am UTC| Commentary Central Banks

At the end of last it would have been fair to say that FED has been overestimating its hike capacity with policymakers projecting 100 basis point hike this year but I think it the market participants this time around, who...

Fed Hike Aftermath Series

FED Hike Aftermath Series: Hike probabilities review

Apr 21, 2016 07:12 am UTC| Commentary Central Banks

As Dollar has been weakening steadily since Janet Yellen assured that monetary policy accommodation to be removed only gradually, Market has been a lot more dovish in its projection of FOMC rate. While March FED...

Currency War Series

Why has CBRT remained unchanged in monetary policy stance?

Apr 21, 2016 06:45 am UTC| Commentary Central Banks

Turkish central bank (Central Bank of Republic Turkey) left its benchmark one-week repo rate unchanged at 7.5% on April 20th, as widely expected, saying it will maintain the tight monetary policy stance considering the...