Feb 23, 2017 07:43 am UTC| Research & Analysis Insights & Views Central Banks
Weve been neutral in a 0.7130-0.7240 range for Kiwi dollar against US dollar. NZDUSD in medium term perspectives: The Feds tightening cycle plus US fiscal expansion should maintain upside pressure on US interest rates...
FxWirePro: Is this a necessity for CDS in euro bond market? Unwise to invite "Cowboy hedging"
Feb 23, 2017 05:43 am UTC| Research & Analysis Insights & Views
We sense that the political risk into the French election is priced more appropriately in bonds (but not in currencies) than going into the Brexit and US vote. In the remote scenario of a Le Pen Presidency with...
Feb 22, 2017 12:13 pm UTC| Economy Research & Analysis
Finance Minister Pravin Gordhan will present the new budget to parliament today. That means the conflict between Gordhan and President Jacob Zuma will enter the next round. So as to convince the rating agencies and ensure...
Feb 22, 2017 10:46 am UTC| Economy Research & Analysis Insights & Views
The Turkish lira has staged a notable recovery in the past month. In our view, this has been driven largely by a turnaround in the risk appetite for EM assets as markets shrugged off Trumpflation worries. The central bank...
Feb 22, 2017 07:51 am UTC| Research & Analysis Insights & Views
OTC updates and hedging framework: Please be noted that the 2m IVs are trading at around 11.12%, while 2w IVs are around 9.43%. In NZDJPY, if youre askeptic on ongoing rallies to have a restricted upside potential...
FxWirePro: Recovery in Czech Q4 fundamentals, Can CNB exit FX floor? Stay short in EUR/CZK
Feb 21, 2017 13:30 pm UTC| Research & Analysis Insights & Views
We estimate a modest 2.0% QoQ SAAR rebound in GDP growth (from 0.9% in Q316). Output in the industrial sector accelerated by 9.9% QoQ SAAR after a holiday distorted -7% QoQ SAAR contraction likely adding the largest...
FxWirePro: Russian central bank and government authorities send hints to uphold USD/RUB call spreads
Feb 21, 2017 12:15 pm UTC| Research & Analysis Insights & Views Central Banks
In Russia, there have been comments from officials this week following RUBs recent appreciation. Despite the onset of CBR FX purchases of around $2bn per month, the ruble has appreciated on the back of resilient oil...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects