
FxWirePro: Quick Glimpse At Short Antipodean Trades
Jun 01, 2020 08:22 am UTC| Research & Analysis Central Banks Insights & Views
Kiwi remains at the mercy of global risk sentiment near term, with potential for gains to 0.6400 during the next few weeks. Further out, though, economic data releases over the next few months will be dire, potentially...
Reserve Bank of India cuts policy repo rate by 40 bps
May 22, 2020 16:10 pm UTC| Commentary Central Banks
The Indian central bank, Reserve Bank of India, delivered another unscheduled rate cut. The RBI lowered its policy repo rate by 40 basis points to a historic low of 4 percent today. According to the central bank, the...
Bank of Thailand cuts policy rate by 25 bps, GDP growth likely to come in much weaker in Q2
May 20, 2020 15:02 pm UTC| Commentary Central Banks
The Bank of Thailand lowered its policy rate by 25 basis points to 0.50 percent, as was expected. The decision was not unanimous, with three of the seven members voting for a hold. The central banks assessment of growth...
Bank Indonesia keeps monetary policy on hold, likely to cut rate in June
May 19, 2020 14:53 pm UTC| Commentary Central Banks
Bank Indonesia kept its monetary policy on hold today. However, it clearly cited that the door for future rate cuts remains open in the midst of low inflation and subdued economic activity. Todays decision was contrary to...

May 15, 2020 14:07 pm UTC| Research & Analysis Central Banks Insights & Views
The US Aprilretail saleshas disappointed a day of important releases. The US data (retail sales -16.4%, industrial production -11.2%, Empire Index -48.5%) might fuel global economic concerns on the markets again. Even if...
FxWirePro: A Bird’s Eye-View On RBA QE Program And AUD Risk-Reversals - Hedging & Trading Setup
May 15, 2020 11:14 am UTC| Research & Analysis Central Banks Insights & Views
Markets would be observing the effectiveness of the RBAs QE program and yield target. A fair level for 3yr swap rates would be around 0.40%, but pandemic-related volatility will result in a wide range, say 0.25%-0.50%. The...

FxWirePro: Spotlight On Banxico MPS – Upholds USD/MXN Call Ratio Spreads
May 14, 2020 14:08 pm UTC| Research & Analysis Central Banks Insights & Views
Tonight the Mexican central bank (Banxico) is likely to cut its key interest rate by another 50 bps. Inflation fell to 2.2% in April, below the central banks inflation target. With regard to the economy, which has slid...