Germany's import prices continued to fall in July, pace of declines slowest since December

Aug 30, 2016 13:55 pm UTC| Commentary

Data released by Destatis on Tuesday showed that Germanys import prices continued to fall in July. The pace of decline slowed for a third consecutive month, to the slowest since December, when prices slid 3.1...

BofAML forecasts relatively stronger pound against Euro

Aug 30, 2016 13:41 pm UTC| Commentary

Bank of America Merrill Lynch (BofAML) stranded out of aregular group of analysts who has been downgrading their forecast for the British sterling against the single currency. Instead, the investment bank is forecasting a...

Swiss KOF Leading Indicator misses expectations in August, slips to an eight-month low

Aug 30, 2016 13:38 pm UTC| Commentary

Survey data from the Swiss Economic Institute KOF showed on Tuesday that the measure reflecting Switzerlands economic activity declined for the first time in three months. The KOF Economic Barometer declined to 99.8 from...

Canadian bonds trade modestly lower on firm crude oil prices; investors eye Q2 GDP

Aug 30, 2016 13:16 pm UTC| Commentary

The Canadian government bonds traded modestly lower Tuesday as the crude oil prices bounced after the production activity suspended in the US Gulf due to an expected tropical storm. The yield on the benchmark 10-year...

FX Hedging Strategy Series

FxWirePro: Euro rates hedging ahead of ECB monetary policy

Aug 30, 2016 12:46 pm UTC| Central Banks Commentary

Long-term hedge against higher rates: ECB is scheduled to deliver monetary policy on 8th September, as EUR long rates have drifted lower and the yield curve has flattened, there is increasing interest in long-term hedges...

US Treasuries trade modestly lower after Fed Vice Chair Fischer comments

Aug 30, 2016 12:45 pm UTC| Commentary

The US Treasuries traded modestly lower Tuesday after Federal Reserve Vice Chair Stanley Fischer said that the pace of increasing Fed fund rate will be driven by the economys performance. The yield on the benchmark...

Key commentaries from Fed’s Fischer

Aug 30, 2016 12:23 pm UTC| Commentary Central Banks

Speaking to Bloomberg TV on Tuesday, vice chair of the U.S. Federal reserve, Stanley Fischer reiterated his previous views with regard to the economy, however speaking on rate cuts, Mr. Fischer toned down his previous...