Bank of Canada to stay pat, statement to carry a “dovish tone”

Oct 18, 2016 14:42 pm UTC| Commentary

The Bank of Canada is expected to keep lending rate at its near-record low level of 0.5 per cent on Wednesday, extending a freeze on the central banks borrowing level that began in July 2015. The September statement...

FxWirePro: Keep riding the gas (call review)

Oct 18, 2016 14:37 pm UTC| Commentary Insights & Views

Natural gas has broken a level and we expect lots of winds are still to come. The Winter hasnt started yet (the rally could be very rewarding if winter supports) and we are seeing very nice bottoming and more importantly...

RBA Minutes highlight uncertainty around labour, housing markets

Oct 18, 2016 14:08 pm UTC| Commentary

At its October monetary policy meeting, the Reserve Bank of Australia decided to keep the benchmark lending rate unchanged at the record low 1.50 percent after reducing the rate by 25 basis points in both August and May....

FX Hedging Strategy Series

FxWirePro: Reducing sentiment of Trump presidency factors in MXN vols - Short MXN 3m ATM vols

Oct 18, 2016 13:40 pm UTC| Research & Analysis Commentary

The MXN is likely the most vulnerable currency to changes in the global trade value chains, in particular, if a protectionist wave comes from theUS. The currencies with direct exposure to the US market via exports, or...

RBA's Lowe defends flexibility around central bank's inflation target

Oct 18, 2016 13:35 pm UTC| Commentary

Philip Lowe in his first speech as Reserve Bank of Australias Governor reinforced the flexible nature of the RBAs inflation target while emphasizing that the Bank continues to expect inflation to stay low. Lowe noted...

Canadian bonds slump following recovery in crude oil prices, BoC policy decision in focus

Oct 18, 2016 13:11 pm UTC| Commentary

The Canadian government bonds slumped Tuesday as the crude oil prices recovered following an overnight decline after a surprisingly large drop in U.S. crude inventories data. The yield on the benchmark 10-year bond,...

FX Hedging Strategy Series

FxWirePro: Carney tips-off preserving easing cycle on acceptance of inflation overshooting intensifies OTC functionality in GBP crosses

Oct 18, 2016 13:10 pm UTC| Central Banks Commentary

The GBP depreciation seen over the past months is a double-edged sword. Sterling has depreciated by more than 15% on a trade-weighted basis since the Brexit referendum. That is having a positive effect on the economy as a...