
Mar 23, 2017 11:04 am UTC| Insights & Views Economy Central Banks
Data released by the Ministry of Trade and Industry (MTI) showed Thursday that Singapores headline inflation has accelerated slightly in February, in line with expectations. Singapores headline inflation increased 0.7...
FxWirePro: Macro level hedging radar amid fading interest rates and political tail risks
Mar 23, 2017 11:00 am UTC| Central Banks Insights & Views
The USD index has set a new low for the year having dropped 1.25% on the Feds caution. Not only that, the dollar has now retraced over 60% of the entire Trump rally, which goes a long way to validating a key assumption in...
FxWirePro: EURGBP call spread to complement handful of proxy EUR recovery trades
Mar 23, 2017 10:54 am UTC| Central Banks Insights & Views
The portfolio was tactically long USD into the FOMC but only where positioning and valuations were most favorable (CAD and GBP). This was partially hedged through a USDCHF put. The delivery of only a dovish hike counts...
BoE, ECB unlikely to change monetary policy stances through 2017, says Lloyds Bank
Mar 23, 2017 07:58 am UTC| Commentary Central Banks Economy
Neither the Bank of England (BoE) nor the European Central Bank (ECB) is expected to change their monetary policy stances throughout the remainder of 2017. However, following their latest respective policy meetings, the...
FxWirePro: Idiosyncratic drivers engulf most EMEA EM currency space
Mar 23, 2017 07:33 am UTC| Central Banks Insights & Views
We think the idiosyncratic drivers for both ZAR (political uncertainty ahead of ANC leadership contest in December) and RUB (central banks response to persistent currency strength) are likely to remain in the background...
FxWirePro: The Day Ahead- 23rd March 2017
Mar 23, 2017 05:08 am UTC| Commentary Central Banks
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated. Upcoming: Germany: GFK consumer confidence survey for April will be published at 7:00...
ECB's Villeroy calls for continuance of accommodative monetary policy
Mar 22, 2017 16:39 pm UTC| Commentary Economy Central Banks
European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau speaking at a business conference in Frankfurt said that the ECB should continue pursuing accommodative monetary policies, even as inflation...