FxWirePro: The Day Ahead- 16th March 2017
Mar 16, 2017 05:22 am UTC| Commentary Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Consumer inflation expectation marginally declines to 4 percent in March...
FxWirePro: Swedish Krona to appreciate but in snail’s pace – Do EUR/SEK bears need "covered put"?
Mar 15, 2017 11:51 am UTC| Central Banks Research & Analysis
Sell a put against existing cash short in EURSEK. Stay short NZDSEK in options The structural case for SEK appreciation remains intact the real effective exchange rate is 10-11% below its long term average despite an...
Mar 15, 2017 09:28 am UTC| Commentary Economy Central Banks
USD/TRY is expected to witness further upside this year if the Central Bank of Turkey (CBT) does not simplify its policy and tighten its main policy rate and only tries to muddle through using daily liquidity management...
Global Reflation Series: Inflation at multi-year high from Spain to Poland
Mar 15, 2017 08:32 am UTC| Commentary Central Banks
Latest data released yesterday show that the upward march of inflation that continued early last year is still gathering pace in Europe. Spain released its consumer price inflation report yesterday and it showed that...
BoK likely to remain on hold in near-term on concerns over rising household debt, says Fitch Ratings
Mar 15, 2017 08:17 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to remain on hold in the near-term, over rising concerns over the countrys household debt problem. The current loose monetary policy is further, expected to help cushion the headwinds to...
Markets near certainty of FOMC rate hike in March
Mar 15, 2017 07:40 am UTC| Commentary Central Banks
A rate hike from the US Federal Reserves Federal Open Market Committee (FOMC) today is almost a certainty. The policymakers would conclude their two days of meeting today and announce the decision at 18:00 GMT, followed by...
Draghi says innovative technology could boost productivity in eurozone
Mar 14, 2017 13:37 pm UTC| Commentary Economy Central Banks
Speaking at a conference in Frankfurt, the European Central Bank (ECB) president Mario Draghi said on Monday that Europe could still see sizeable gains in productivity and that there are several ways to boost productivity...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects