Oct 19, 2016 08:02 am UTC| Central Banks Commentary
The BoC left interest rates unchanged last monthbut noted that the risks to inflation had tilted to the downside. This is likely to still be the case, but with some signs of stabilization in the economic data and the...
Oct 19, 2016 07:20 am UTC| Central Banks Commentary
TheAUD held onto gains following the RBA Governors speech yesterday. Today, the focus would be on Chinas activity data following strong lending growth reported yesterday. Firm production data may see the AUD continue to...
FxWirePro: Reducing sentiment of Trump presidency factors in MXN vols - Short MXN 3m ATM vols
Oct 18, 2016 13:40 pm UTC| Research & Analysis Commentary
The MXN is likely the most vulnerable currency to changes in the global trade value chains, in particular, if a protectionist wave comes from theUS. The currencies with direct exposure to the US market via exports, or...
Oct 18, 2016 13:10 pm UTC| Central Banks Commentary
The GBP depreciation seen over the past months is a double-edged sword. Sterling has depreciated by more than 15% on a trade-weighted basis since the Brexit referendum. That is having a positive effect on the economy as a...
Oct 18, 2016 12:38 pm UTC| Central Banks Commentary
The main risks events are now in theeuro zone (ECB in September, Italian referendum, immigration tensions). Aconstitutional referendumis planned to be held in Italy on Sunday 4 December 2016. Voters are to be asked...
Oct 18, 2016 11:21 am UTC| Research & Analysis Central Banks
Since January, the EURUSD has essentially been driven by the SP realized volatility, while US short rates explain it only when the influence of equity volatility is removed. Fedsfears mean higher yields and vulnerable...
Oct 18, 2016 07:32 am UTC| Research & Analysis
The consumer prices rose by 0.2% in the September quarter, in line with our expectations but ahead of the median market forecast for a flat outturn. The Reserve Bank had forecast a 0.1% increase in its August Monetary...