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Trading a peg-break/withdrawal has been one of the most successful trades in history. George Soros name went into financial history as he successfully traded peg break of UK pound and German Deutsche Mark earning about a Billion Dollar. These opportunities still persists in modern financial market, evident by 40% appreciation of Euro-Franc in January peg withdrawal by Swiss National Bank. In this series, we hunt for such opportunities.

Currency Peg Series

Chart of the Day: Czech peg break

Apr 04, 2017 15:53 pm UTC| Commentary Central Banks

The volatility curveof the Czech Koruna is suggesting that the market is pricing the much-anticipated peg withdraw by the Czech central bank within the next 2 months. The central bank hasnt given out any specific date...

Currency Peg Series

Sniffing a Peg-break Series: Violent moves unlikely in EUR/CZK

Jan 26, 2017 08:39 am UTC| Commentary Central Banks

Czech National Bank (CNB) confirmed earlier this month that the central bank would abandon its almost four-year-old Euro-Koruna peg this year and sometime middle of the year. The date is yet to be chosen. Looking from the...

Currency Peg Series

Sniffing a peg break Series: Koruna-Euro peg to end this year

Jan 20, 2017 07:27 am UTC| Commentary

Czech National Bank (CNB) chief confirmed the speculation that the Euro-Koruna peg would be abolished by the central bank in 2017. They prefer a time in the middle of the year but havent decided yet. CNB instituted the peg...

Currency Peg Series

Sniffing a Peg Break Series: Koruna- Euro peg likely to break soon

Jan 10, 2017 11:19 am UTC| Commentary Central Banks

According to talks and rumors in the market, the Czech Central Bank, which has kept the Czech Koruna (CZK) pegged with the Euro since 2013 at 27 per euro could soon break away from this monetary policy regime. In an...

Currency Peg Series

Nigeria's move from a fixed to a floating exchange-rate policy

Jun 30, 2016 14:53 pm UTC| Insights & Views

Africas largest economy has finally floated its fixed currency exchange rate for the first time in history. The freeing of the Nigerian naira after months of policy debates saw the currency immediately plummet by...

Currency Peg Series

Currency Peg Series: Saudi Arabia verbally defends Dollar peg

May 30, 2016 11:07 am UTC| Commentary

Ahmed al-Kholifey, Governor of Saudi Arabias Monetary Authority (SAMA) dismissed that kingdom may consider revising its currency peg with U.S. Dollar, which will result in a significant devaluation of Riyal from its...

Currency Peg Series

February’s soft inflation readings to make way for RBI to cut rates in April

Mar 15, 2016 06:40 am UTC| Commentary

Indias WPI and CPI inflation numbers for February came below expectations. CPI inflation decelerated to 5.2% y/y in February from Januarys 5.7%, mainly due to weaker food prices, whereas core inflation accelerated....

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Economy

U.S. Treasuries suffer ahead of initial jobless claims, 10-year TIPS auction

The U.S. Treasuries continued to be beaten Thursday as investors look forward to the countrys weekly initial jobless claims, scheduled to be released today by 13:30GMT, followed by the Philly Fed Manufacturing index, due...

UK gilts slump on expectations of decline in December retail sales

The UK gilts slumped Thursday on expectations that the countrys December retail sales, due on January 19 by 09:30GMT will fall -0.6 percent, compared to 1.1 percent in November, adding further direction to the debt...

Global Geopolitical Series: Trump likely to slap hefty fines on China over intellectual property theft

U.S. President Donald Trump is likely to take his trade war with China to the next level by slapping a hefty fine over Chinas intellectual property theft. In an interview with Reuters, Trump and his economic adviser Gary...

German bunds plunge in silent trading session ahead of ECB member Coeure’s speech

The German bunds plunged Thursday amid a silent trading session ahead of European Central Bank (ECB) member Coeures speech, scheduled to be held today by 14:30GMT for further direction in the debt market. The German...

Australian unemployment rate likely to trend lower over next few months, remain supportive of wage growth recovery

Australias unemployment rate is expected to trend lower over the next few months, which should help to support an eventual recovery in wage growth, according to a recent report from ANZ Research. Looking at the countrys...

Politics

GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Cyril Ramaphosa prepares to confront South Africa's bleak future

Among all the remarkable turns in African politics this year, one of the most momentous was Decembers ANC party congress in South Africa, where the party chose a new president: Cyril Ramaphosa, who narrowly bested...

Is the British monarchy actually adapting to changing social norms?

Is the royal marriage story were being sold really a fairy tale come true? Or is it a story spun by Buckingham Palace for its own self-interest, one shrouded in myth and make-believe? In the coverage of next summers...

Politics won out over international law in recent UN elections

For the first time in the courts history, the UK will not have a judge sitting at the International Court of Justice (ICJ). Christopher Greenwood, who was seeking a second nine-year term, pulled out of the race on November...

Science

Urban Farming Could Be Humanity’s Best Hope To Solve Deforestation And World Hunger

World hunger and global deforestation are two of the biggest problems assaulting humanity right now. Sure, theres also climate change, but it can almost be considered an umbrella under which all of the global threats from...

Automation Takes Over Stem Cell Manufacturing Too, FDA Approves

When discussing stem cell research, most people would likely bring up scientists harvesting stem cells from living tissue. While this is certainly true, there is now a new method that would allow researchers to manufacture...

Popular Pain Medication Ibuprofen Could Lead To Male Infertility, Study Says

Ibuprofen is one the most well-known pain medications in the West, taken by millions of people every day. Its a particular favorite of many athletes who suffer from muscle soreness and joint pains. According to a recent...

Scientists 3D-Print Living Tissue That Form Shapes, Pointless Or Gateway To Westworld?

Synthetic tissue has been a huge source of excitement in the scientific community for years, especially after 3D-printing technology really took off. Recently, scientists reveal that they were able to create shapes with...

Climate Change Impact Will Include More Asylum Seekers In Cooler Countries, Study Says

The impact that climate change can have is nearly universal. It pervades every aspect of human and animal life, making the planet uninhabitable by the day. One of the most alarming results of the increasingly hostile...

Technology

Apple Employees Get $2,500 Bonuses In Celebration Of Major Tax Cut

Apple might be a little late to the celebration game, but it will reportedly be giving employees $2,500 in bonuses to celebrate the recently passed tax cut bill. These bonuses will supposedly come in restricted stock units...

iPhone Users Beware, New iMessage ‘Text Bug’ Is Freezing Devices

A new bug that targets the iMessage feature on iPhones called chaiOS is currently floating around. Users who receive a message containing this bug are warned not to open it because it will cause their devices to crash....

Apple To Pay $38 Billion In Tax For Plans To Bring Home Its Billions From Overseas

Apple recently announced that it would be bringing home the bulk of its overseas funds, which happens to be the largest of any U.S. company. This would involve paying $38 billion in taxes, but it seems the company doesnt...

Apple Is Hiring For Work-From-Home Jobs Positions

Job hunters might want to perk up and pay attention. Apple is currently looking for new employees for both full-time and part-time positions that would allow them to work from home. Officially called At Home Advisors, the...

China Adds To Apple iPhone Slowdown Woes, Wants Answers

Yet another consumer group from a major smartphone market is looking for answers from Apple with regards to the issue of slowing down older iPhones. The Shanghai Consumer Council sent the Cupertino firm a letter, asking...
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January 18 15:30 UTC Released

USNat Gas, Change Bcf

Actual

-183 Cubic feet

Forecast

-199 Cubic feet

Previous

-359 Cubic feet

January 18 13:30 UTC Released

USPhilly Fed Capex Index

Actual

36.2 Mln

Forecast

Previous

38 Mln

January 18 21:30 UTC 339339m

NZManufacturing PMI

Actual

Forecast

Previous

57.7 0

January 19 07:00 UTC 909909m

DEProducer Prices MM

Actual

Forecast

Previous

0.1 %

January 19 07:00 UTC 909909m

DEProducer Prices YY

Actual

Forecast

Previous

2.5 %

January 19 08:00 UTC 969969m

HUGross Wages YY

Actual

Forecast

Previous

12.8 0

January 19 09:00 UTC 10291029m

EZCurrent Account NSA,EUR

Actual

Forecast

Previous

35.9 Bln EUR

January 19 09:00 UTC 10291029m

EZCurrent Account SA, EUR

Actual

Forecast

Previous

30.8 Bln EUR

January 19 09:30 UTC 10591059m

GBRetail Sales MM

Actual

Forecast

Previous

1.1 %

January 19 09:30 UTC 10591059m

GBFuel MM

Actual

Forecast

Previous

1.2 %

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