Oct 14, 2016 07:19 am UTC| Central Banks Commentary
Last nights FOMC minutes for September did little to change the markets expectations for upcoming policy meetings. The implied probability of a 25bp hike from the Fed in November and December remain close to 20% and 70%...
Oct 13, 2016 13:46 pm UTC| Research & Analysis
Gold prices plummeted considerably in the recent times; breaches $1,300 -1,250/oz support band on stale long liquidation and as improving economic data dents its safe-haven appeal. For today, attempting to show little...
Oct 13, 2016 13:19 pm UTC| Technicals
After the break below theneckline of triple top formation in gold prices have evidenced mammoth slumps. On breach below 1308.42 levels on daily charts, you can observe the tumbling of gold prices until 1241.50 levels where...
Oct 13, 2016 11:13 am UTC| Research & Analysis
As widely anticipated, the NBP kept the main policy rate at 1.50%, while delivering a neutrally toned press statement followed by a rather bullish press conference by Governor Glapinski. This MPC remains to a large...
Oct 13, 2016 10:12 am UTC| Central Banks Commentary
As occurred in the US before the Treasury taper tantrum in 2013, ECB QE has created a valuation and positioning problem that biases the euro to appreciate on even subtle changes in ECB policy. Typically, QE programmes...
Oct 13, 2016 06:55 am UTC| Research & Analysis Commentary
The US elections only matter for EUR/USD if Trump factor prevails. Although US policy outcomes are quite binary on most issues (taxes, spending, energy policy, immigration) depending on whether Clinton or Trump prevails,...
FxWirePro: Trump victory likely to factor triumph in USD/TRY - Hedge through knock out options
Oct 12, 2016 10:35 am UTC| Research & Analysis
Trump victory would probably maintain a high level of policy uncertainty both theUS and global. Investors indeed would wonder about the degree of implementation of his radical proposals: tax cuts and infrastructure...