Mar 02, 2017 15:28 pm UTC| Commentary Economy Central Banks
Poland PMI in February dropped slightly from 54.8 in January to 54.2 points, but still remains close 22-month highs, which point to strong business conditions in the Polish manufacturing. Business conditions have improved...

FxWirePro: Long-tenured low vols carry in USD/INR and USD/IDR
Mar 02, 2017 12:59 pm UTC| Central Banks Commentary
USDINR and USDIDR long-dated FX vols offer exceptionally low vol to carry. The dramatic sell-off in 2Y USD rates since the election of Trump registers as the sharpest since the ill-fated recovery sell-off of H1 2008....

Eurozone inflation hits 2 pct in Feb, likely to intensify debate surrounding ECB's QE exit
Mar 02, 2017 12:48 pm UTC| Insights & Views Economy Central Banks
Eurozone inflation has risen above the European Central Banks (ECB) target rate for the first time in four years, data from statistical agency Eurostat showed on Thursday. Inflation in the 19-nation bloc hit 2 percent in...

USD Libor reaches 8-year high on hawkish FOMC
Mar 02, 2017 11:35 am UTC| Commentary Central Banks
The cost of funding in US dollar reached the highest level since April 2009 as the interest rate reached just below 1.1 percent yesterday. The cost for banks to borrow in US dollar jumped by the most yesterday since...
FxWirePro: Driving forces of CHF’s bullish and bearish scenarios
Mar 02, 2017 11:26 am UTC| Central Banks Insights & Views
EURCHF is so far tracking our forecast which assumes a softening in the SNBs intervention regime and a resultant orderly decline of around one cent per quarter in the cross to 1.03 by year-end. The SNB is certainly not...

Mar 02, 2017 11:06 am UTC| Research & Analysis Central Banks
OTC Updates: Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency segment. While, the 25-delta risk of reversal of EURCHF has also not been...
FxWirePro: SNB loosen the leash on Swiss franc
Mar 02, 2017 10:05 am UTC| Central Banks Insights & Views
Various factors are responsible for the shift in the SNBs FX stance, we believe: 1) Economic performance is satisfactory and inflation continues to normalize (the rate of CPI inflation has increased by 1.5% from 2015...