Jan 11, 2017 07:32 am UTC| Central Banks
New cycle highs: Between late January and May, the US dollar fell 7.5% as an EM sell-off triggered (downward) revisions to expectations of Fed rate hikes and dragged 10y TIIPS yields down from over 70bp to below -10bp. But...
Jan 11, 2017 06:04 am UTC| Insights & Views Central Banks
This write up emphasizes the upholding longs in Feb17 CME gold futures following the December Fed hike, macro markets broadly reacted meaningfully to the more hawkish rate projection, with gold specifically selling off to...
FxWirePro: The Day Ahead- 11th January 2017
Jan 11, 2017 04:55 am UTC| Commentary Central Banks Economy
Lots of economic data and events scheduled for today but all with low to medium risks associated. Upcoming: Japan: Eco watchers survey for December will be published at 5:00 GMT. Trade balance for December will be...
Jan 10, 2017 12:36 pm UTC| Research & Analysis Central Banks
The 1.64% MoM increase in CPI was far above the 0.9% market consensus. Strong FX pass-through and some idiosyncratic factors, including a jump in egg prices, led to a much sharper-than-expected increase in headline CPI...
Jan 10, 2017 11:59 am UTC| Central Banks
In Poland, the stronger activity and CPI data unlikely to shift NBP from its wait-and-see stance. We expect the NBP to maintain interest rates unchanged at 1.5% in its first meeting of the year while reiterating its...

BoE to look through inflation rise, could react if slowdown proves more modest than expected
Jan 10, 2017 11:30 am UTC| Insights & Views Economy Central Banks
Incoming economic data in UK do not support the view of an uncertainty driven slowdown in the aftermath of the EU referendum. UK economy expanded at 0.6 percent q/q in Q3 2016, the first full post-referendum quarter. The...

Sniffing a Peg Break Series: Koruna- Euro peg likely to break soon
Jan 10, 2017 11:19 am UTC| Commentary Central Banks
According to talks and rumors in the market, the Czech Central Bank, which has kept the Czech Koruna (CZK) pegged with the Euro since 2013 at 27 per euro could soon break away from this monetary policy regime. In an...