Central Banking Series

Central Banking Series

Central Banking Series

Swiss National Bank to remain active on FX market to prevent CHF from appreciating against EUR

Nov 22, 2016 08:53 am UTC| Commentary Economy Central Banks

In early 2015, the Swiss economy coped up quite well with the end of the EUR/CHF minimum exchange rate. In the second quarter of this year, the Swiss economy registered an impressive growth of 0.6 percent in sequential...

FX Hedging Strategy Series

FxWirePro: Is USD/JPY vols underperforming, shorting gamma a wise choice? - Low-touches to replace vanilla options - Uphold long term implieds

Nov 22, 2016 07:27 am UTC| Central Banks Commentary

Sub-1Y USDJPY vol to underperform, but long-end (3Y-5Y) in play on higher rates: Yen vols were a marked outperformer this year as USDJPY shed nearly 17% peak-to-trough, but this is likely to change going forward under...

Demonetization may shrink India’s monetary base, likely to dent demand in months ahead, says Scotiabank

Nov 22, 2016 07:19 am UTC| Commentary Economy

Due to concerns regarding Trmpflation risk, foreign investors have reduced their holdings in Indian bonds, offloading new USD 2.06 billion on 11-18 November, noted Scotiabank in a research report. During the same period,...

U.S. new home sales likely to have risen slightly in October

Nov 22, 2016 07:18 am UTC| Commentary

New home sales in the U.S. are expected to have grown slightly in the month of October. In the prior month, new home sales had increased 3.1 percent; however, the prints from June to August were downwardly revised by a...

Quadruple record in Wall Street after 17 years

Nov 22, 2016 07:17 am UTC| Commentary

Four most closely watched indices at Wall Street; SP 500, Dow Jones Industrial Average, Nasdaq, and Russell 2000, all reached new record highs and closed at new record highs for first time since 1999. While the phenomenon...

Indian bonds slump on profit booking; markets await state’s debt auctions

Nov 22, 2016 07:15 am UTC| Commentary

The Indian government bonds slumped Tuesday as investors cashed in profit after relishing long winning streak. Also, we foresee that the 10-year bond yield is expected to fall below 6 percent mark on rising consensus of...

Italian referendum on constitutional reform likely to weigh on EUR/USD, says ANZ

Nov 22, 2016 07:14 am UTC| Commentary Economy

The Italian referendum on constitutional reforms is expected to have a pressurizing impact on the outlook of EUR/USD, despite an intact uptrend being observed in the greenback. The anticipated US policy mix under...