FxWirePro: Precious Yellow Metal’s Price Dynamics and Optionality For The Upside Traction

Nov 08, 2019 12:12 pm UTC| Research & Analysis Insights & Views Central Banks

Gold prices ended last week up nearly $10/oz (+0.7%) despite the Fed signalling an end to its insurance easing cycle and the October US employment report coming in much better than expected. Both China and Germany...

FxWirePro: Spotlight on Major Catalysts For Kiwis – IV Skews and Hedging Perspectives of NZD/USD Ahead of RBNZ

Nov 08, 2019 09:09 am UTC| Research & Analysis Central Banks

RBNZ is scheduled for their monetary policy next week, market pricingfor Kiwisis 25bps of easing, with a terminal rate of 0.70%. NZDUSD is little edgy at around 0.64 levels though the pair seems to be volatile for today,...

BSP likely to keep policy rate unchanged through rest of the year given better-than-expected Q3 GDP, says ANZ Research

Nov 07, 2019 09:07 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to keep its policy rate unchanged through the rest of the year given the better-than-expected performance of GDP in the third quarter of this year, according to the latest...

Bank of Thailand cuts policy rate by 25 bps, unlikely to cut rates further in 2019

Nov 06, 2019 13:21 pm UTC| Commentary Central Banks

The Bank of Thailand lowered its policy rate today by 25 basis points to 1.25 percent in a 5-2 vote. The BoT cited lacklustre growth and the effect of a solid currency on exports and tourism as main factors behind its...

FxWirePro: GBP/USD ‘Debit Put Spread’ To Hedge Event Risks

Nov 06, 2019 11:02 am UTC| Research & Analysis Central Banks

BoE is scheduled for this week, the British central banks MPC is most likely to keep bank rate unchanged at 0.75%, a decision that is going to be certainly unanimous. BoE to acknowledge that a weaker external...

RBNZ likely to keep rates on hold in November before cutting twice next year, says Capital Economics

Nov 06, 2019 06:38 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to keep rates on hold in November before cutting twice next year, while the consensus expects rates to be cut in November and once more in 2020, according to the latest...

FxWirePro: RBA Stimulates Aussie, US-China Trade-Deal in Focus – Trading and Hedging Perspectives For Antipodeans

Nov 05, 2019 10:21 am UTC| Research & Analysis Central Banks

The main headline overnight is US-China trade deal optimism, helped by reports that the US may reverse tariffs imposed in September on over $110bn of Chinese imports. Consequently, Wall Street ended on record highs again....