Bank of Canada's next policy move skewed towards a hike on upbeat economic data

Mar 21, 2017 09:55 am UTC| Insights & Views Central Banks

The Bank of Canada (BoC) at its March monetary policy meeting held interest rates unchanged at 0.5 percent as widely expected. The central bank has consistently signalled its concerns about lingering downside risks to the...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Key commentaries from Evans and dashboard update

Mar 21, 2017 07:44 am UTC| Commentary Central Banks

This week is filled with Fed speakers and listening to their use of words would be vital in understanding the timing of the next rate hike from the US Federal Reserve. As of today, the market is pricing the next hike to be...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Key commentaries from Kashkari and dashboard update

Mar 21, 2017 05:56 am UTC| Commentary Central Banks

This week is filled with Fed speakers and listening to their use of words would be vital in understanding the timing of the next rate hike from the US Federal Reserve. As of today, the market is pricing the next hike to be...

FxWirePro: The Day Ahead- 21st March 2017

Mar 21, 2017 04:57 am UTC| Commentary Central Banks

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: RBA released minutes of themeeting. House prices rose by 4.1...

FX Hedging Strategy Series

FxWirePro: Diagonal Credit Call Spreads to hedge USD/TRY’s momentary dips on Fed and CBT’s tipoffs

Mar 20, 2017 12:27 pm UTC| Central Banks Commentary

CBT holds its March rate in the recent meeting: we do not expect the Turkish CB to raise its benchmark repo rate from 8%. CBT is unlikely to touch any other rate either, besides the late liquidity lending rate, which we...

BoJ may introduce forward guidance on yield curve control policy relatively soon

Mar 20, 2017 11:49 am UTC| Insights & Views Central Banks

Growth in Japan is holding up nicely and economic activity has gained momentum since 4Q16 with the pickup in the global capex and manufacturing cycle. Inflation has started to push back above the waterline. But as Governor...

FxWirePro: Swiss foreign reserve surges as SNB banks on the ECB to pave the way

Mar 20, 2017 10:24 am UTC| Central Banks Insights & Views

As the market gradually adjusts to the idea of policy tightening by the ECB, it is useful to consider the options ahead for the Swiss National Bank (SNB). Switzerland is entirely enclosed by the euro area, which is its...