FxWirePro: Fed repricing stimulates bullion bears – Stay short in Gold futures of far-month tenors
Nov 03, 2017 09:23 am UTC| Research & Analysis Insights & Views Central Banks
A possible bottoming out in inflation and the Fed repricing of a December hike are outright bearish and gold should rebase lower. To this end, the median Fed participant continues to look for one more hike this year (in...
FxWirePro: The Day Ahead- 3rd November 2017
Nov 03, 2017 04:33 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: No growth in retail sales for September. China: Caixin services PMI grew...
FxWirePro: Reshuffling G10 FX options trades owing to recent developments
Nov 02, 2017 14:33 pm UTC| Research & Analysis Insights & Views Central Banks
The US dollar is trading little defensively to start the day but the DXY is trading off the overnight low and the broader upswing in the big dollar that got underway at the start of Sep remains intact. The USD saw...
FxWirePro: Uphold USD/INR RKOs as Indian rupee surged to 6-weeks highs amid low RVs
Nov 02, 2017 14:09 pm UTC| Central Banks Research & Analysis Insights & Views
The low realized vol and technical support suggest RKO put, INR volatility lies in the low vol bucket in the EM space (3m vol is trading below 6) but realized vol has remained constantly lower than implied vol since start...
Bank of England hikes bank rate by 25 bps, keeps bond program unchanged
Nov 02, 2017 13:14 pm UTC| Commentary Central Banks
As was widely anticipated, the Bank of England hiked its bank rate by 25 basis points to 0.50 percent during its meeting today. The BoE kept its bond program unchanged. Todays decision was consistent with the banks hints...

FxWirePro: Encourage GBP rates spreads as front end seems priced-in for potential BoE hikes
Nov 02, 2017 11:51 am UTC| Central Banks Insights & Views
The Bank of England is expected to announce an increase in interest rates for the first time in more than a decade, moving the Bank Rate up a quarter point to 0.5%. The recent shift in tone among policymakers partly...
Nov 02, 2017 11:20 am UTC| Commentary Central Banks
Today, the Bank of England (BoE) is widely expected to increase the interest rate by 25 basis points for the first time since the Great Recession of 208/09. In this article, we would discuss short-term trends, key support...