FxWirePro: The key driving forces of BRICS currencies and hedging vehicles (episode 2)
Jun 16, 2017 12:42 pm UTC| Central Banks Insights & Views
INR: The INR is an ideal high-yield currency. A modest current account deficit and basic balance surplus, low realized vol and favorable carry-to-vol characteristics should continue to entice carry trade flows. The...
FxWirePro: The key driving forces of BRICS currencies and hedging vehicles (episode 1)
Jun 16, 2017 12:31 pm UTC| Central Banks Insights & Views
BRL: Bearish: USDBRL back to 3.40 on a negative Electoral Court (TSE) ruling on the 2014 presidential campaign financing case, which may compromise the Social Security reform. Another round of wrong-doing allegations to...

Jun 16, 2017 12:16 pm UTC| Research & Analysis Insights & Views Central Banks
In the yesterdays SNB LIBOR rate announcement, the central bank has maintained status quo, leaving interest rates unchanged at -0.75% followed by monetary policy assessment and press conference. In the press conference,...
Jun 16, 2017 12:07 pm UTC| Economy Insights & Views Central Banks
The UK economy has weathered the 12 months since the vote to leave the EU better than feared, though the 1Q gain in GDP was, at 0.1% qoq, the slowest in the EU and the uncertainty emanating from the 8 June election result...

RBNZ expected to remain on hold at 1.75 pct, likely to reaffirm neutral bias
Jun 16, 2017 12:06 pm UTC| Insights & Views Central Banks
The Reserve Bank of New Zealand convenes to decide monetary policy on June 22 and we expect the central bank to stay pat at 1.75 pct. The statement is likely to reaffirm a neutral bias. At an interview following the May...

Jun 16, 2017 10:10 am UTC| Research & Analysis Insights & Views
The full unwind of the post-election Trump trade, which has led to a weaker US dollar and lower US Treasury yields, has supported golds relatively strong performance this year. To reflect a more benign inflation outlook...

It's in the EU’s interest to press ahead with Brexit negotiations
Jun 16, 2017 09:40 am UTC| Insights & Views
The extraordinary outcome of the UK general election and the uncertain domestic political climate has led to calls by Scottish first minister Nicola Sturgeon for a short pause in the Brexit process. Despite this, Brexit...