Oct 25, 2016 07:33 am UTC| Commentary
The stakes are high this week. A big shift in the trajectory of inflation in Australia would threaten both our view that the market will not move to price in hikes into the OIS strip, and that the AUD remains capped, with...
FxWirePro: Uphold USD/SGD low premium call flies due to MAS NEER mechanism
Oct 24, 2016 13:58 pm UTC| Central Banks Commentary
Singapore dollar tumbled to 7-months lows to 1.3959 levels on disappointing growth flashes and the dovish tone of MAS. Q3 GDP grew by slower than anticipated at 0.6%. Following the MAS announcement, the Singapore dollar...
Oct 24, 2016 13:11 pm UTC| Central Banks Commentary
The recent data flow is mixed, but Fed hike by year-end remains likely. Some softer news on core inflation and jobless claims. The housing recovery likely to continue and we still have hope for factory sector improvement....
Oct 24, 2016 11:41 am UTC| Central Banks Commentary
It was more than obvious that the ECB would extend its QE programme beyond March 2017. As a result it did not seem necessary to mention in great detail that ECB President Mario Draghi indicated just that. It seemed...
Oct 24, 2016 09:45 am UTC| Central Banks Commentary
The PBoC set USDCNY fixing rate at 6.7690 this morning, higher than our estimation at 6.7640. Afterward, USDCNY striked at 6.7747, the highest since 2010 when the CNH market was launched. Data compiled by SAFE showed...
Oct 24, 2016 07:19 am UTC| Research & Analysis
The stakes are high this week. A big shift in the trajectory of inflation in Australia would threaten both our view that the market will not move to price in hikes into the OIS strip, and that the AUD remains capped, with...
Oct 21, 2016 13:12 pm UTC| Central Banks Research & Analysis
The Turkish lira rallied yesterday after CBT surprised markets by keeping rates on hold at its MPC meeting. But as the pair rallied today, the last weeks gains are almost wiped off when the dollar looked good today...