FxWirePro: Stay hedged in USD/INR via 1m NDFs on RBIs smart policy action to counter capital outflow
Dec 01, 2016 07:16 am UTC| Central Banks Commentary
We advise selling USDINR 1m NDF at 68.36, with a target around the previous range prior to the recent spike at 67.00 (+ 1.98%) and a stop above the previous highs at 69.50 (1.14%). The trade horizon is 2-4 weeks and the...
Brazilian central bank slashes interest rate, citing Trump-related global uncertainties
Dec 01, 2016 06:07 am UTC| Commentary Central Banks Economy
The central bank of Brazil has slashed interest rates in the monetary policy meeting held Wednesday, as was widely expected by market participants, citing US President-elect Trump-related global uncertainties that are...
RBS fails Bank of England stress tests, to revise capital plan for better resilience
Nov 30, 2016 16:34 pm UTC| Commentary Central Banks Economy
The Bank of England (BoE) released its annual bank stress tests results on Tuesday which gauges the financial strength and resilience of the UKs seven major lenders - Lloyds Banking Group, HSBC, Barclays, Royal Bank of...
Risks to UK financial stability "remain elevated" - BoE
Nov 30, 2016 15:46 pm UTC| Commentary Economy Central Banks
The Bank of England (BoE) published its latest bank stress test results alongside the Financial Stability Report (FSR), noting that UK financial system has stood up well, dampening rather than amplifying volatility in...

ECB would react to “shocks” caused by the Italian referendum
Nov 30, 2016 12:18 pm UTC| Insights & Views Economy Central Banks
ECB meeting on 8th December will be largely influenced by developments in Italys politics as we head into Italian referendum scheduled to take place on 4th December. At its semi-annual financial stability report last week,...
FxWirePro: The Day Ahead- 30th November, 2016
Nov 30, 2016 04:50 am UTC| Commentary Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ business confidence marginally declined to 20.5 in November. ANZ...
Robust services sector will continue to underpin Canada’s economy - BOC’s Poloz
Nov 29, 2016 14:55 pm UTC| Commentary Economy Central Banks
Bank of Canada (BOC) Governor Stephen Poloz during the press conference said that robust services sector will continue to underpin Canadas shaky economy and help return to full capacity. Canada is primarily driven by...