Nov 16, 2016 11:44 am UTC| Central Banks Commentary
As expected, the MXN plunged on Trumps victory. We had warned previously that the MXN was not pricing much in terms of excess premium going into the US election, which explains the move higher in USDMXN following the...
Nov 16, 2016 10:25 am UTC| Technicals
The pair is edging higher at 3.3073 levels, likely to retest all-time highs of 3.3164 levels. Please be noted that the pair has consistently been spiking higher above DMAs, we advise capturing dips to add longs as it is...
Nov 16, 2016 08:56 am UTC| Central Banks Research & Analysis
TheGDT dairy auctionovernight resulted in a 5% rise overall, with WMP up 3% and SMP up 10%. The result is roughly in line with earlier futures predictions which had priced in a response to weather affected...
Nov 15, 2016 13:24 pm UTC| Central Banks Insights & Views
A glimpse: The USD rally caused by Donald Trumps election victory and based on rising inflation and interest rate expectations continued again yesterday. That means the market is pricing in acceleration in Fed rate hikes...
Nov 15, 2016 12:27 pm UTC| Central Banks Research & Analysis
The ATM IVs of silver of 1w-1m expiries are spiking higher crazily, 1m IVs are shy above 29.50% that encompasses Feds rate hike speculations (as we get closer to December, the investors are currently pricing higher chances...
Nov 15, 2016 10:38 am UTC| Commentary
You see higher and steeper 6M-1Y EUR vols: you could make this out from the IV nutshell, rising hedging interests during this span. Europe faces one constitutional referendum (Italy in December) and three to four...
Nov 15, 2016 09:23 am UTC| Central Banks Research & Analysis
The minutes from the November Board meeting were broadly consistent with the narrative from the recent Statement on Monetary Policy, as expected. The RBA continues to monitor the risks around the labor market, housing...