FxWirePro: A run up on NZ key fundamentals ahead of RBNZ - NZD options trades perspectives

Nov 08, 2017 06:58 am UTC| Central Banks Research & Analysis Insights & Views

NZD traders focus shifted onto RBNZ that is scheduled to announce its monetary policy after the inflation expectations in New Zealand decreased to 2 pct in the Q42017 from 2.10 pct in the Q32017, while the GDT-TWI fell...

Fed holds course for rate hike in December and two more in 2018, says Landesbank

Nov 08, 2017 04:53 am UTC| Commentary Central Banks Economy

The Federal Reserve left the target range for overnight rate at 1.00 percent to 1.25 percent, in line with the unanimous expectation of the bank economists surveyed by Bloomberg, the Open Market Committee of the Federal...

FxWirePro: Jump on the bandwagon and keep RBNZ at bay via directional options play

Nov 07, 2017 10:58 am UTC| Research & Analysis Central Banks Insights & Views

All NZD traders focus shifted onto RBNZ that is scheduled to announce its monetary policy after the inflation expectations in New Zealand decreased to 2 pct in the Q42017 from 2.10 pct in the Q32017.While GDT price index...

FxWirePro: Stay short in EUR/CNK as CNB’s rate hiking cycle in 2018 seems imminent

Nov 07, 2017 09:36 am UTC| Central Banks Research & Analysis Insights & Views

In this write-up, we emphasize on shorting in EURCZK via 3-month forwards, which is currently trading at 25.6214. We target a 4% move lower to 24.5965 and place a stop loss at 26.0057. Our trade horizon is 6-12 months. The...

FxWirePro: Latest gamma and spot FX developments after recent central bank actions

Nov 07, 2017 09:08 am UTC| Central Banks Research & Analysis Insights & Views

The central bank events are delivering: BoC and ECB have been at the vanguard of reshaping non-US rate expectations this year, and their easing up on policy normalization rhetoric in October sparked good-sized spot swings...

BoE raises rates, a follow-up unlikely anytime soon, says Royal Bank of Canada

Nov 07, 2017 08:05 am UTC| Commentary Economy Central Banks

The Bank of England voted 7-2 to raise their policy rate in November, the first 25 basis points increase in a decade. The move undid last years rate cut that followed the Brexit referendum. With the economy operating near...

RBA monetary policy: Assessing future bias

Nov 07, 2017 05:05 am UTC| Commentary Central Banks

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