Global reflation Series: Inflation returning in Europe amid high unemployment
Jan 31, 2017 11:16 am UTC| Commentary Economy Central Banks
More evidence shored up since yesterday that the inflation is in fact, picking up across the European continent. Yesterday, two regions in Germany reported more than 2 percent inflation; Hesse (2.4 percent), Saxony (2.3...

FxWirePro: USD/TRY FVAs hedge seems more appealing
Jan 31, 2017 09:25 am UTC| Central Banks Research & Analysis Insights & Views
There is merit in earning carry in risk efficient form, and we sell USDTRY 1Yx1Y FVAs hedged with a static vanilla ATM call. USDTRY 1Yx1Y FVAs an appealing shorts, we are not chasing the drop in USD gamma lower;...
FxWirePro: Two FX derivatives trades for USD/RUB on threats of potential CBR FX interventions
Jan 31, 2017 07:41 am UTC| Research & Analysis Insights & Views Central Banks
In upcoming Russian monetary policy meeting, the CBR to remain on hold at 10%. Recent CBR rhetoric has been fairly cautious and we dont think the CBR would act at a non-core meeting (the next core meeting is in March)....

Jan 31, 2017 07:30 am UTC| Economy Central Banks
Every good structural story needs a repricing and a clear-out of extended positioning. The medium-term case for Russian local markets is underpinned by high nominal and real interest rates, falling inflation, and a trend...
Eurozone economic growth likely to stabilise in 4Q16, January inflation to climb higher
Jan 31, 2017 06:39 am UTC| Economy Central Banks
The Eurostat is expected to release its advance estimates of gross domestic product (GDP) for the last quarter of 2016 and January consumer inflation numbers on January 31. Growth is likely to have stabilised into 4Q16...

Jan 31, 2017 06:18 am UTC| Central Banks Research & Analysis Insights & Views
AUD remained in ranging mode, mostly between 0.7747 and 0.7162: Remains contained in a consolidative range of 0.7500-0.7600. AUDUSD in medium term perspective: Lower to 0.7400. The US dollars impressive post-election...
Bank Indonesia likely to maintain prudent policy stance on economic recovery
Jan 31, 2017 05:35 am UTC| Economy Central Banks
The Bank Indonesia (BI) maintains a prudent policy stance in the wake of rising expectations of economic recovery. The gross domestic product (GDP) growth momentum is expected to pick up at a gradual pace in the coming...