FED Hike Aftermath Series: More likelihood of a hike today than markets price-in
Apr 27, 2016 08:16 am UTC| Commentary Central Banks
Market participants are pricing only 2% chance that there will be a 25 basis points hike today and first hike to come only in September. However, in reality, we feel there is quite a good chance that rates will be hiked...
New Zealand bonds rise modestly ahead of monetary policy meeting
Apr 27, 2016 08:16 am UTC| Commentary
The New Zealand bonds closed marginally firmer on Wednesday as investors await Reserve bank of New Zealands monetary policy meeting. The yield on the benchmark 10-year bonds which moves inversely to its price closed lower...
What could cause Fed to be more dovish again?
Apr 27, 2016 08:05 am UTC| Insights & Views Commentary Central Banks
Preparation is everything. That also applies for the Feds normalisation course, but no change is expected from the Fed this week. The Fed will need to start prepping the market more actively if a hike in June is a viable...

Pound likely to extend gains post GDP
Apr 27, 2016 07:28 am UTC| Commentary
Pound has just snapped back, finding support around 1.4 area and now up more than 500 pips from there, despite all the fears surrounding a British exit from European Union, after June referendum on 23rd. So far it has been...

Apr 27, 2016 07:26 am UTC| Commentary
USDJPY OTC FX market observation: It seems that Fed is bothering only USDJPY pair in OTC markets, 1W ATM IVs if this pair is spiking frantically over 17.37%, the highest among G10 currency space. IVs for next 1...

China to implement VAT in all industries by 1st May
Apr 27, 2016 07:12 am UTC| Commentary Economy
From May 1, 2016, China will implement value-added tax (VAT), replacing its business tax, in finance, construction, consumer services and real estate industries, noted DBS Bank. This will help the firms cut tax burdens as...
MNB signals additional rate reductions, likely to further lower by 15bp
Apr 27, 2016 06:50 am UTC| Commentary
Hungarys central bank lowered its key interest rate yesterday to 1.05%, reducing by 15bp, on par with expectations. Moreover, the MNB has signalled at further rate reductions. According to the central banks statement, the...