Norwegian Macros Provides Breathing Space To Norges - Delta Loop Vanilla Triangle Package For NOK
May 13, 2020 14:47 pm UTC| Research & Analysis Central Banks Insights & Views
Inflation was not much of an issue in Norway anyway over the past few years, so that Norges Bank was able to hike its key rate quite strongly over the past two years until it lowered it back to 0% again as a result of the...

FxWirePro: A Prudent Run Through On AUD Options Market Analytics
May 13, 2020 12:43 pm UTC| Research & Analysis Insights & Views
Even after the 50% pullback from the manic extremes of March, AUDUSD risk-reversals are at 2008 GFC extremes as a ratio to ATM vols (refer above charts). The short-memory of the unhinged collapse in AUD spot and spike in...
FxWirePro: Spotlight On Crude Oil Demand/Supply Equation And Hedging Strategy
May 13, 2020 10:32 am UTC| Research & Analysis Insights & Views
Eurostat reported Euro area retails sales recently, confirming that the regions automotive fuel consumption dropped by 20.8% m/m in March. The weak fuel consumption data has prompted us to further cut our European road...

May 13, 2020 08:58 am UTC| Research & Analysis Central Banks Insights & Views
Overnight, theRBNZleft rates at 0.25%, but increased its QE programme, also indicating that negative rates will become an option in the future. We recommended short NZD in our portfolio vs a basket of AUD and USD as...

May 13, 2020 06:53 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin is a decentralized digital currency that enables instant payments to anyone, with no central authority. The Bitcoin network is secured by miners. Miners are specialized computers that use a consensus mechanism...
May 08, 2020 11:18 am UTC| Research & Analysis Central Banks
Norges Bank surprised general expectations yesterday and lowered interest rates by 25bp to now zero. At the same time it made it clear that this was the end of the line and that negative interest rates were not on the...
Central Banks’ Tendency Towards Digital Currencies (CBDCs)
May 08, 2020 10:47 am UTC| Research & Analysis Digital Currency Investing
As the coronavirus outbreak widens and halted many economic activities across the world, the central banks in eurozone appear to be inclined for the digital payment/currency system. Currently, many countries where the...