
Aug 20, 2018 08:55 am UTC| Commentary Economy Central Banks
Thailands gross domestic product (GDP) for the second quarter of this year cheered market participants; at 4.6 percent y/y (1 percent q/q sa), Q2 2018 GDP growth came in only marginally short of ANZ Researchs...

Aug 20, 2018 07:58 am UTC| Research & Analysis Insights & Views Central Banks
On Wednesday, the new trade negotiations will begin between the US and China and the annual economic conference in Jackson Hole organised by the Kansas Fed will also begin on this Thursday. Both events mark the two factors...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Aug 20, 2018 04:22 am UTC| Commentary Central Banks
FOMC increased interest rates in March and June and increased its forecast from three rate hikes in 2018 to four rate hikes. June decision was unanimous. Current Federal funds rate - 175-200 bps (Note, all calculations are...

Fundamental Evaluation Series: 2-year yield spread vs. GBP/USD
Aug 17, 2018 09:16 am UTC| Commentary Central Banks
The chart above shows, how the relationship between GBP/USD and 2-year yield divergence has unfolded since 2012. Brief history (2012-2016) The cozy relationship between the yield spread and the exchange rate, in this...

Aug 17, 2018 08:50 am UTC| Commentary Central Banks Economy
Bank Negara Malaysia (BNM) is expected to remain accommodative and growth supportive, with the Overnight Policy Rate (OPR) likely to be maintained at 3.25 percent throughout this year, according to the latest report from...

Fundamental Evaluation Series: USD/CHF vs. 2-year yield divergence
Aug 17, 2018 08:49 am UTC| Commentary Central Banks
During our evaluation period beginning 2012, the yield spread between the US 2-year bond and a Swiss equivalent has widened by almost 200 basis points but the exchange rate hasnt followed through as much as it should have...

Fundamental Evaluation Series: USDJPY vs. 2-year yield spread
Aug 17, 2018 08:33 am UTC| Commentary Central Banks
The above chart shows the relation between the 2-year bond spread (U.S. - Japan) and USD/JPY exchange rate. Brief background (2012-2016): This one pair has been at odds with yield divergence throughout early 2016 as...