Watch out for snippet of major attention on central banks’ season
Jul 10, 2017 12:24 pm UTC| Central Banks Insights & Views
Central banks will remain center stage this week and Wednesday will be a particularly busy day with Chair Yellen delivering her semi-annual testimony to Congress. Today, at the start of the week it was sufficient for...

Jul 10, 2017 11:31 am UTC| Insights & Views Economy Central Banks
Fridays US Non-Farm Payrolls report published by the Bureau of Labor Statistics (BLS) was mixed, providing something for bulls and bears alike. The headline number was better than expected but the unemployment rate rose...

FxWirePro: ECB to unfasten monetary policy, bund volatility likely to propel EUR/JPY upside further
Jul 10, 2017 11:21 am UTC| Central Banks Research & Analysis Insights & Views
Yet a central bank cant impose short-term restraint on a financial cycle running for several years. When excesses become apparent, its too late to act against them. A financial cycle is like a stately container ship; if it...
Fundamentals to watch out for this week
Jul 10, 2017 10:19 am UTC| Commentary Central Banks
This week is extremely risk-heavy not just in terms of data but events as well. What to watch for over the coming days: Central Banks: Bank of Canada (BoC) will announce interest rate decision on Wednesday....

FxWirePro: Deploy USD/TRY straddle amid CBT’s regime for FX swap deposits
Jul 10, 2017 09:15 am UTC| Central Banks Research & Analysis Insights & Views
Last month, the central bank of Turkey (CBT) left its benchmark one-week repo rate at 8 pct in its last monetary policy meeting on June 15th, 2017 as widely expected. Policymakers noticed the economic recovery is gathering...
Jul 10, 2017 08:47 am UTC| Central Banks Research & Analysis Insights & Views
Last week the Bank of Japan did what it has been doing for some time and had also announced, i.e. to keep yields close to zero. JPY came under pressure. Accordingly, the bullish influence would be the most direct on the...
FxWirePro: USD/ZAR seems unhedged amid long build ups in SAGB rates
Jul 07, 2017 11:48 am UTC| Insights & Views Central Banks
The Rand is the easily the worst performing major currency in the month-to-date and week-to-date periods with the latest bout of weakness coming on increased political interference in the countrys central bank. USDZAR...