RBA monetary policy: Assessing future bias

Mar 06, 2018 04:59 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate unchanged at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that there was a...

RBA rate decision preview

Mar 06, 2018 02:59 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) will announce its monetary policy decisions today at 3:30 GMT. Economy at a glance The economy is growing at 2.8 percent y/y as of Q3 2017 compared to 4.3 percent in early 2012....

FxWirePro: Hawkish BoC unlikely to hike this season on Canadian GDP but constructive through 2018 - CAD/JPY options strips on its well functionality

Mar 02, 2018 07:33 am UTC| Research & Analysis Central Banks

Canadian GDP data is scheduled to be announced today, these prints on MoM basis likely to shrink a bit from previous 0.4% to 0.1% as per the consensus. While QoQ basis likely to post 2% which is well in line with the...

ECB seen to compromise between doves and hawks, discussion to focus on QE bias: Danske Bank

Mar 02, 2018 07:23 am UTC| Commentary Central Banks Economy

The European Central Bank (ECB) is expected to strike a compromise between the doves, led by President Mario Draghi and board member Praet and the hawks, led by Weidmann and Coeuré, where the ECB removes the QE...

U.S. Federal Reserve likely to hike rates in March and thrice this year, says Danske Bank

Mar 01, 2018 08:10 am UTC| Commentary Central Banks Economy

The United States Federal Reserve is expected to hike interest rates in March and thrice this year, based on the higher-than-expected latest inflation print and the hawkish comments from influential New York Fed President...

FxWirePro: Attractive gamma hedges to serve last minute and downside risks ahead of geopolitical, NAFTA and FOMC events

Feb 28, 2018 10:35 am UTC| Research & Analysis Central Banks Insights & Views

With the Italian parliamentary election only one week away, polls continue to point to a hung parliament with no clear majority in sight. However, irrespective of the governing coalition formed after the election, we do...

Fundamental Evaluation Series: USD/CZK vs. 2-year yield spread

Feb 28, 2018 08:09 am UTC| Commentary Central Banks

The chart above shows, how the relationship between USD/CZK and 2-year yield spread has unfolded since 2012. It can be seen even with a naked eye, that the pair and the yield spread between 2-year treasury and 2-year...