Jan 02, 2018 05:39 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to continue its purchase of corporate bonds through this year and the quantitative easing (QE) program is unlikely to witness any sudden pause in September. GDP growth...
FxWirePro: The Day Ahead- 2nd January 2018
Jan 02, 2018 03:57 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data released so far: China: Caixin manufacturing PMI rose to 51.7 in...

Dec 29, 2017 12:02 pm UTC| Research & Analysis Central Banks Insights & Views
The BoE has reversed the pre-emptive interest rate cut after the Brexit referendum in 2017. However, as this does not mark the start of a hiking cycle, monetary policy will no longer give any momentum. Even if it...
ECB likely to change its monetary policy tune in 2018, says CIBC Capital Markets
Dec 29, 2017 10:09 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to change its monetary policy tune going into 2018, according to a recent report from CIBC Capital Markets. Political turmoil is heating up in a number of Eurozone countries....

FxWirePro: CAD vols to construct easy to Carry RV structures for NAFTA and BoC hedge
Dec 29, 2017 08:44 am UTC| Research & Analysis Insights & Views Central Banks
CAD-based implied correlations are priced well below realizeds for nearly the entire CAD-cross universe; owning CADUSD vs CADJPY corr. or a CADJPY - USDJPY vol spread is a positive carry NAFTA hedge. Notably, please be...

Dec 29, 2017 07:22 am UTC| Research & Analysis Central Banks Insights & Views
In loonys fair assessment, the monetary policy to be more decisive than oil prices. The oil performance has been instrumental in boosting the currency in 2017, even though the long-term picture suggests that the currency...
Dec 28, 2017 10:12 am UTC| Research & Analysis Insights & Views Central Banks
Funding in NOK seems to be lucrative and is substantiated as 1) limit drawdown in the event Fed policy gets upgraded more aggressively, and 2) benefit from continued drift in NOK as the Norges Bank remains at the back of...