German economy to see sharp slowdown in Q2: Bundesbank Report

Jun 20, 2016 15:27 pm UTC| Commentary

Bundesbank, in its latest monthly report, released on Monday said that Germanys economic growth is likely to slow sharply in the second quarter before rebounding later in the year and returning to a solid growth...

Polish hard macro figures continue to disappoint in May

Jun 20, 2016 14:37 pm UTC| Commentary

Polands industrial output and retails sales figures disappointed in May. Data showed a month-on-month decline (3.6 percent) in industrial production in May. In year-on-year terms, however, the growth has still remained...

National Bank of Hungary’s meet to be overshadowed by the upcoming Brexit vote

Jun 20, 2016 14:11 pm UTC| Commentary

The meeting of the National Bank of Hungary on Tuesday will be undoubtedly overshadowed by the upcoming vote on Brexit. The central bank is largely expected to keep policy unchanged. Hungarian central bankers have already...

New Zealand households remain upbeat despite decline in confidence

Jun 20, 2016 13:35 pm UTC| Commentary

Data released earlier on Monday showed that New Zealand Westpac McDermott Miller consumer confidence index fell 3.7 points to 106 in the June quarter, below the long-run average of 111.5. The presented conditions index was...

FX Hedging Strategy Series

Why was the DXY range-bound? Option trading approach for dollar index

Jun 20, 2016 13:20 pm UTC| Commentary

Is the reign of the US dollar over? Since January, the US dollar has not been driven by Fed hike expectations. The fast and strong US dollar strengthening in 2014 and 2015 can be attributed to expectations of the Fed...

Norges Bank likely to maintain interest rate at 0.5 pct and to keep strong easing bias

Jun 20, 2016 13:09 pm UTC| Commentary Central Banks

In its upcoming meeting, the Norges Bank is likely to keep its rates on hold at 0.5 percent and is expected to repeat the strong easing bias from its earlier meetings, said Danske Bank in a research report. The rate path...

Canadian bonds down following firm crude oil prices, Brexit referendum closely eyed

Jun 20, 2016 13:06 pm UTC| Commentary

The Canadian bonds slid on Monday, following rally in crude oil prices. The yield on the benchmark 10-year Treasury note which moves inversely to its price rose more than 6 basis points to 1.183 percent and the yield on...