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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

Singapore May industrial production likely to expand 9.0 pct y/y; inflation seen higher from H2 2018 onwards: DBS Bank

Singapores consumer price-related inflation and industrial production data are on tap this week. The price barometer meter is expected to remain sluggish. Expectation is for the reading to inch up a tad to just 0.2 percent...

Singapore May industrial production likely to expand 9.0 pct y/y; inflation seen higher from H2 2018 onwards: DBS Bank

Singapores consumer price-related inflation and industrial production data are on tap this week. The price barometer meter is expected to remain sluggish. Expectation is for the reading to inch up a tad to just 0.2 percent...

New Zealand bonds jump at close ahead of May trade balance data, RBNZ’s monetary policy meeting

New Zealand bonds jumped at the time of closing Monday as investors wait to watch the countrys trade balance data for the month of May and the Reserve Bank of New Zealands (RBNZ) monetary policy meeting, scheduled for June...

New Zealand bonds jump at close ahead of May trade balance data, RBNZ’s monetary policy meeting

New Zealand bonds jumped at the time of closing Monday as investors wait to watch the countrys trade balance data for the month of May and the Reserve Bank of New Zealands (RBNZ) monetary policy meeting, scheduled for June...

JGBs remain range-bound amid global trade tensions; investors shrug-off dovish BoJ June Summary of Opinions

The Japanese 10-year government bonds remained range-bound during Asian session Monday amid a slew of global trade tensions initiated by the United States, in a bid to impose trade tariffs across all trading partners,...

Politics

Venezuelans are boycotting their presidential election

Venezuelas May 20 presidential election may be an election in name only. Nicolás Maduro is widely expected to be reelected as Venezuelas president despite his 20 percent approval rating and profound mismanagement...

Ramaphosa's new dawn: much better, but not nearly enough

Cyril Ramaphosas rise to power has been greeted enthusiastically by most South Africans. Their hope is that the new president represents a leadership cohort within the governing African National Congress (ANC) thats...

Profile: Avigdor Lieberman, Israel's hardline defence minister

One of the most divisive figures in Israeli politics, Avigdor Lieberman, has been his countrys defence minister since May 2016. Despite his publicly acrimonious relationship with the prime minister, Benjamin Netanyahu,...

The first terrorist act in Indonesian prison: the triggers and how to prevent them

Indonesia witnessed another terrorist act last week. But, this time, it occurred in a maximum-security detention centre located at the polices Mobile Brigade headquarters in Depok, West Java. More than 150 terrorist...

South Africa's print media is failing to empower citizens on corruption

The mainstream media can play an important role in fighting corruption. Investigative journalists in South Africa, for instance, helped to expose how the politically connected Gupta family captured elements of the...

Science

Bacteria Could Be the Key To Breathing on Mars, Study Says

The atmosphere on Mars is so thin that humans wont be able to breathe on the red planet unless they are wearing space suits. With plans to colonize it, wearing the bulky apparel would pose a considerable level of...

Magnets Could Be the Key to Better Wine, Study Finds

Humans have been making wine since pre-historic times, with the discovery of alcoholic beverages made from honey dating thousands of year back. Throughout the millennia, new methods for wine-making have cropped up. This...

Antipsychotic Drugs Increases Risks Of Obesity and Diabetes In Children, Study Says

Update: The article previously mentioned that antipsychotic drugs were used to treat attention deficit hyperactivity disorder (ADHD). The study does not mention this fact and we apologize for the inaccurate statement....

Scientists Just Found A Black Hole That Is Eating Everything In Its Path

Black holes are some of the most terrifying subjects in the realm of science. Not only do they offer a glimpse into the raw power that is present in the universe, they also invoke undefinable terror in those who imagine...

Salt Could Prevent Hearing Loss After An Explosion

In movies, whenever a bomb goes off or an explosion occurs, there is that iconic moment where sounds are muffled and there is a high-pitched ring that pervades the whole scene. While films can go over-the-top with regards...

Technology

How Effective Are the Tracking Capabilities of a Blockchain-Based System?

As the crypto industry expands, the driving technology that governs it permeates more and more businesses. These businesses are looking to take advantage of blockchains benefits, particularly its ability to provide a...

Nintendo Talks Absence of 'Animal Crossing,' 'Yoshi,' Other Anticipated Switch Games from E3 2018

Every year, Electronic Entertainment Expo press events dont fail to excite fans. However, there will also be a little bit of disappointment over the anticipated titles that dont show up in the week-long affair. That is the...

Next 'Call of Duty: WWII' Update Will Bring Riot Shields and New Division, Cavalry

Developer Sledgehammer Games will be releasing an update for Call of Duty: WWII this week that will add Riot Shields and the newest Division called Cavalry. The TheseKnivesOnly YouTube channel was the first to report...

Summer Games Done Quick 2018 Begins; Here Are Highlight Speedruns Scheduled for This Week

One of the highly awaited video game events this year, the Summer Games Done Quick (GDQ), recently started, and here are some of the highlight speedruns scheduled for the entire week. GDQ is an annual event for a cause...

EOS Overtakes Ethereum in Latest China Ranking

EOS has now overtaken Ethereum (ETH) as the leading cryptocurrency. At least, according to a recently released ranking from China. Called the Global Public Chain Technology Evaluation Index, the government-sponsored...
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June 25 00:00 UTC Released

PHBudget Balance

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-32.9 -8.6

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June 25 00:00 UTC Released

SGConsumer Price Index YY

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0.4 0.6

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0.3 0.6

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January 31 00:00 UTC 209276209276m

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2016 bln ARS

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Forecast

2016 bln ARS

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January 22 19:00 UTC 221096221096m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 209276209276m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 221096221096m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 209276209276m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 209276209276m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 209276209276m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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