FX Hedging Strategy Series

FxWirePro: “Bitmex to mitigate euro FX risks” ahead of ECB’s strengthened dovish tones owing to brexit and snail’s pace in inflationary pressures

Jul 21, 2016 08:22 am UTC| Insights & Views Central Banks

In this write-up, we basically aim to highlight the potential risks that drive euros depreciation concerns and efficient hedging vehicle. First foremost, it is likely that the ECB would need to strengthen its dovish...

Currency War Series

SARB likely to keep interest rate on hold at 7 pct

Jul 21, 2016 07:42 am UTC| Commentary Central Banks

The South African Reserve Bank (SARB) is expected to keep its interest rate unchanged at 7 percent during its policy review meeting on Thursday, said Commerzbank in a research note. Junes inflation print was consistent...

US Fed to keep target range for federal funds rate unchanged during July meeting

Jul 21, 2016 07:24 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) had maintained its policy rate at 25-50 basis points during its June meeting amidst a significant deceleration of employment growth in May and the pending UK referendum in EU...

Brazil’s central bank remains on hold; policymakers struggle to control inflation

Jul 21, 2016 05:34 am UTC| Commentary Central Banks

Brazils central bank remained on hold at its monetary policy meeting held on Wednesday, largely as markets had expected amid struggle by policymakers to bring the countrys inflation under control. Interest rate remained on...

RBNZ signals further policy easing as stronger NZD hurts inflation outlook

Jul 21, 2016 05:29 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand on Thursdayreleased its short economic update. In the July update, the central bank gave fresh guidance on monetary policy. According to the RBNZs statement, the stronger New Zealand dollar...

Bank Negara likely to stay pat for rest of 2016; private consumption to remain in focus

Jul 20, 2016 10:56 am UTC| Commentary Central Banks

The central bank of Malaysia is expected to remain on hold for the rest of 2016, mainly focusing on private consumption. With Bank Negara Malaysia (BNM) indicating it is still positive on domestic demand in its monetary...

US housing starts and building permits bettered estimates in June, revive hopes for Fed hike in 2016

Jul 20, 2016 10:55 am UTC| Insights & Views Economy Central Banks

US Commerce Department data showed on Tuesday that new-home construction in the U.S. rose more than forecast in June, a sign that demand for housing continues to firm heading into the second half of the year. Housing...