FxWirePro: UK rates markets append higher probabilities of August BoE hike amid unsettled Brexit fog – OIS swap spreads for low-beta

Jul 23, 2018 12:19 pm UTC| Research & Analysis Central Banks

On the course of Brexit discussions, although the Chequers proposal is clearly unacceptable to the EU, the limited negative commentary is expected from Barnier and the EU for the time being given the domestic political...

FxWirePro: Spotlight on EUR/GBP amid BoE and ECB monetary policies with key fundamentals - Forwards and OTC bids to substantiate bullish risks

Jul 23, 2018 12:01 pm UTC| Research & Analysis Central Banks

Rate-setters at the European Central Bank (ECB) meet in Frankfurton Thursday. Their plan to conclude net bond purchases by the year-end, but to keep interest rates on hold at least through the summer of 2019 was already...

Fundamentals to watch out for this week

Jul 23, 2018 08:19 am UTC| Commentary Central Banks

In terms of volatility risks, this week is heavy as there are several events one needs to keep a tab on. What to watch for over the coming days: Central Banks: European Central Bank (ECB) will announce the...

Fed Hike aftermath Series: Hike probabilities over coming meetings

Jul 23, 2018 08:11 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...

FxWirePro: EUR/GBP bulls break out channel resistance, major trend edges up in range – Long hedge ahead of ECB’s monetary policy

Jul 23, 2018 06:25 am UTC| Technicals Research & Analysis Insights & Views Central Banks

EURGBP bulls seem to be on upper hand as the current prices are nudged above channel resistance and with momentum still in bull mode there is room to test the next resistance region between 0.8895 and 0.8925...

South African Reserve Bank likely to hike rate only once in 2018 and 2019

Jul 20, 2018 17:01 pm UTC| Commentary Central Banks

The South African rand depreciated yesterday morning in line with other EM currencies due to appreciation of the US dollar. The rate decision and press statement of the South African central bank were not able to give any...

South African Reserve Bank likely to hike rate only once in 2018 and 2019

Jul 20, 2018 17:01 pm UTC| Commentary Central Banks

The South African rand depreciated yesterday morning in line with other EM currencies due to appreciation of the US dollar. The rate decision and press statement of the South African central bank were not able to give any...