
FxWirePro: Spotlight on EMFX space and trade baskets ahead of FOMC
Mar 16, 2018 12:10 pm UTC| Research & Analysis Central Banks Insights & Views
The short-term repricing of Fed hikes is typically not supportive of EM FX returns, which also motivates our selective hedges (e.g. TRY and MXN). The recent research in the past emphasized the distinction between increases...
Mar 16, 2018 08:12 am UTC| Research & Analysis Central Banks Insights & Views
Trade conflict has been a great tormentor this week as the US President Trumps formal executive order on steel and aluminum tariffs moved hostilities from the realm of rhetoric into action, and further intensification...
Mar 16, 2018 06:35 am UTC| Commentary Central Banks Economy
The United States Federal Reserve is expected to increase its policy interest rates by 0.25 percent at its March 20 -21 meeting, moving the target range up to 1.5-1.75 percent. If implemented, it will be the sixth hike in...
FxWirePro: Spotlight on ECB updates and European derivatives
Mar 15, 2018 13:03 pm UTC| Research & Analysis Central Banks Insights & Views
The disappointing US retail sales figures yesterday weighed on Treasury yields, but the impact on the currency markets appeared to be more muted, as markets also digested dovish comments from ECB President Mario Draghi and...
FxWirePro: Krone rises central bank hints rate hike ahead
Mar 15, 2018 12:23 pm UTC| Commentary Central Banks
Norwegian Krone has jumped against its major trading counterparts on Thursday as the Norges Bank kept monetary policy unchanged at todays meeting but hinted that a rate hike will be appropriate soon. Since the oil price...
SNB monetary policy: Assessing future bias
Mar 15, 2018 08:52 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...
Mar 15, 2018 08:01 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is expected to again leave the Overnight Cash Rate (OCR) at 1.75 percent, and retain a cautiously upbeat stance at Grant Spencers last announcement as Acting Governor, according to a...