
FxWirePro: Optionality touch for distressed AUD after recent perplexed RBA’s status quo
Jul 06, 2017 07:39 am UTC| Central Banks Insights & Views
Enduring macro trends in FX remain elusive as the passage of time has resolved few uncertainties in the past month. We expect AUDJPY to decline through 2017 on skinnier rate differentials and a pull-back in commodity...
FxWirePro: The Day Ahead- 6th July 2017
Jul 06, 2017 04:36 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Trade balance improves to 2.471 billion as exports increased by 9...
U.S. Fed likely to announce start of QT in September, to hike rates in December – Danske Bank
Jul 05, 2017 22:57 pm UTC| Commentary Central Banks
The FOMC minutes from the June meeting did not see anything new, as expected, as Yellen was pretty evident during the press conference following the policy announcement. The timing of the balance sheet run-off was the most...
National Bank of Poland keeps rates on hold, likely to keep rates unchanged until end-2018
Jul 05, 2017 22:55 pm UTC| Commentary Central Banks
The National Bank of Polands monetary policy committee kept its key interest rate on hold on Wednesday as expected. The MPC upwardly revised its central projection for this years real GDP to 4.1 percent from 3.7 percent...

FxWirePro: Delta hedging and FVAs for Jitters of TRY on surprising Turkish CPI
Jul 05, 2017 13:18 pm UTC| Central Banks Insights & Views
CBRT monetary policy may gradually loosen from here. After roughly 350 bps tightening since the start of the year, the central bank may have fewer reasons to maintain such a tight monetary stance in the months ahead. CPI...

Jul 05, 2017 13:16 pm UTC| Central Banks Insights & Views
We maintain our forecast for a modest and gradual appreciation in SEK which has been predicated on a strong economy leading to a slow reversal in monetary policy. Year-end Forecast for EURSEK is at 9.45 and 1H18 at 9.30...
FxWirePro: Formulate knock out optionality structure for USD/CAD bearish potential
Jul 05, 2017 11:43 am UTC| Research & Analysis Insights & Views Central Banks
The bearish USDCAD scenarios (below 1.28) driven by: BoC indicates an intention to normalize rates earlier due to an improved global outlook. Global demand pushes oil prices to $50 plus and towards $60. The...