U.S. Treasuries narrowly mixed in subdued trade, markets digest FOMC decision

Dec 16, 2016 12:30 pm UTC| Commentary

The U.S. Treasuries were narrowly mixed in thin trading activity during a relatively quiet Friday session that saw little data of much significance. The yield on the benchmark 10-year Treasury note fell 1 basis point to...

FX Hedging Strategy Series

FxWirePro: GBP/AUD Vega longs bidding 3m IVs in 3-way straddles versus OTM theta shorts to optimize hedging with effective costing

Dec 16, 2016 12:13 pm UTC| Central Banks Commentary

Although RBA kept cash rates unchanged at 1.5% in therecent meeting, monetary policy would remain expansionary over thelong run; themore easing cycle is on cards. In other words, the Aussie central bank members can make...

U.K. economic growth deceleration likely to be modest in Q4, says Lloyds Bank

Dec 16, 2016 12:09 pm UTC| Commentary

The U.K.s incoming economic data have been strictly assessed since the Bank of Englands multi-faceted policy easing on 4 August. The data have been scrutinized on the degree to which they bear out the view of an...

Eurozone trade surplus dips to 8-month low in October

Dec 16, 2016 12:07 pm UTC| Commentary Economy

The euro area trade surplus decreased in October to the lowest level in eight months, as exports fell and imports rose. The seasonally adjusted trade surplus shrank to EUR 19.7 billion in October from EUR 24.4 billion...

FxWirePro Medium Term Outlook: Swiss Franc target extended to 1.14 against dollar

Dec 16, 2016 11:58 am UTC| Commentary

In a previous article named, FxWirePro: Our long call in Franc under threat (call review), available at http://www.econotimes.com/ dated 21st October; we issued warning against out long call to Sell dollar against franc at...

Bank of Russia maintains key interest rate at 10 pct

Dec 16, 2016 11:35 am UTC| Commentary Central Banks

The Bank of Russia Board of Directors, today, decided to maintain the key interest rate at 10 percent. According to the Board of Directors, the dynamics of economic activity and inflation are consistent with the...

Bundesbank chief argues against monetary easing

Dec 16, 2016 11:35 am UTC| Commentary Central Banks Economy

One of the most influential members of the European Central Bank (ECB) and the chief of German central bank Jens Weidman has once more stepped up his criticism of ECBs monetary policy. Speaking today, Mr. Weidman said that...