FX Hedging Strategy Series

FxWirePro: GBP/USD to reclaim recent lows as Yellen versus Carney stimulates OTC functions – Credit Spreads for both speculation and hedging

Oct 14, 2016 07:19 am UTC| Central Banks Commentary

Last nights FOMC minutes for September did little to change the markets expectations for upcoming policy meetings. The implied probability of a 25bp hike from the Fed in November and December remain close to 20% and 70%...

Monetary Authority of Singapore leaves policy stance unchanged, likely to remain neutral in the long-term

Oct 14, 2016 05:03 am UTC| Commentary Central Banks

The Monetary Authority of Singapore (MAS) left policy stance unchanged at the monetary policy meeting held today, largely in line with expectations. Moreover, it is likely to remain neutral in the long-term. The Monetary...

Australia's Q3 CPI unlikely to confirm fading disinflationary forces, to complicate RBA's monetary policy outlook

Oct 13, 2016 12:02 pm UTC| Insights & Views Economy Central Banks

As expected by markets the RBA held interest rates at 1.5 percent at its October monetary policy meeting and refrained from adopting an explicit easing bias. Having eased monetary policy at its May and August meetings, the...

FX Hedging Strategy Series

FxWirePro: ECB continues to cushion EURO strength, OTC indicates EUR/CAD’s bullish risks despite crude strength, DDPS ideal choice for hedging

Oct 13, 2016 10:12 am UTC| Central Banks Commentary

As occurred in the US before the Treasury taper tantrum in 2013, ECB QE has created a valuation and positioning problem that biases the euro to appreciate on even subtle changes in ECB policy. Typically, QE programmes...

Australia consumer inflation expectations improve in October, signal fruitful RBA policies

Oct 13, 2016 10:08 am UTC| Commentary Economy Central Banks

Consumer inflation expectations in Australia improved during the month of October, for the first time in three months, signaling that central bank policies were finally translating into faster price growth. Australia...

Better-than-expected tax amnesty flows reduce downside risks to Indonesia's growth; BI to slash rates in Oct

Oct 13, 2016 06:49 am UTC| Commentary Economy Central Banks

The better-than-expected tax amnesty flows at the end of the first phase of the program (1 July to 30 September) have reduced the downside risks to growth given that the extent of cuts in expenditure will be smaller....

Bank of Korea holds key rate at 1.25 pct, cuts inflation forecast for this year

Oct 13, 2016 04:59 am UTC| Commentary Central Banks

As widely anticipated, the Bank of Korea Monetary Policy Board today decided to keep the key interest rate on hold for the fourth consecutive month at 1.25 percent. The central bank also cut its inflation projection for...