Currency War Series

Banxico plans to fight Trump effects with higher interest rate

Nov 16, 2016 09:17 am UTC| Commentary Economy Central Banks

Banco de México, popularly known as Banxico will announce interest rate decision tomorrow at 19:00 GMT and it is expected that the central bank will increase interest rate sharply to fight of the recent effects of a...

FX Hedging Strategy Series

FxWirePro: GDT index in line with projections – “Vertical Straps” to speculate and hedge AUD/NZD swings on monetary policy divergence

Nov 16, 2016 08:56 am UTC| Central Banks Research & Analysis

TheGDT dairy auctionovernight resulted in a 5% rise overall, with WMP up 3% and SMP up 10%. The result is roughly in line with earlier futures predictions which had priced in a response to weather affected...

India’s consumer inflation eases in October, bolsters hope for RBI December rate cut

Nov 16, 2016 05:28 am UTC| Commentary Economy Central Banks

Consumer prices in India eased during the month of October, bolstering hopes for a December interest rate cut by the Reserve Bank of India (RBI). Indias October consumer price index (CPI) Inflation fell to 14-month low...

FxWirePro: The Day Ahead- 16th November, 2016

Nov 16, 2016 04:21 am UTC| Commentary Economy Central Banks

Lots of economic dockets and events scheduled for today but all with low to medium risks associated. Data released so far: Australia: Wage price index grew 0.4 percent in third quarter, up 1.9 percent from a year...

FX Hedging Strategy Series

FxWirePro: Selective asks to selective bids of EMFX vols and risk-reversals after Trump causes bristling strength in dollar

Nov 15, 2016 13:24 pm UTC| Central Banks Insights & Views

A glimpse: The USD rally caused by Donald Trumps election victory and based on rising inflation and interest rate expectations continued again yesterday. That means the market is pricing in acceleration in Fed rate hikes...

FxWirePro: Riksbank deferral keeps SEK trading portfolios on track – Uphold USD/EUR/SEK vols spreads

Nov 15, 2016 12:50 pm UTC| Central Banks Insights & Views

The fall in price levels by -0.2% in September shock up Riksbank: over the past few months the inflation trend has slowed and that despite a notable depreciation of the krona since the summer. Riksbank already reacted...

Rate cuts from RBA unlikely in coming months, further easing on cards over 2017

Nov 15, 2016 12:28 pm UTC| Insights & Views Economy Central Banks

Minutes of the Reserve Bank of Australias (RBA) November 1 meeting where the bank left the cash rate unchanged at a record-low 1.5 percent were released earlier on Tuesday. In its minutes the RBA said that the risks to the...