FX Hedging Strategy Series

FxWirePro: Lagging Treasury yields is what drives USD/JPY, Softer FX options positioning likely to prevent unwinding of yen longs

Oct 03, 2016 10:11 am UTC| Central Banks Commentary

Since the beginning of last year, US long rates have again become the main USDJPY driver. The BoJs peg on JGB yields is going to kill yen rates volatilityso that the rates factor should become even more US-centric. But...

RBA likely to keep interest rate unchanged, wait until Q3 inflation figures

Oct 03, 2016 07:37 am UTC| Economy Central Banks Insights & Views

The Reserve Bank of Australia is due to release its monetary policy statement on Tuesday 4 October at 03:30 GMT, and it is widely expected to leave its official cash rate (OCR) at its record low of 1.50 percent, after...

FX Hedging Strategy Series

FxWirePro: Stay hedged in gold uncertainties via 3-way straddles versus puts with reduced cost bidding 1m OTC indications

Sep 30, 2016 13:40 pm UTC| Research & Analysis Central Banks

As expected by the majority of analysts the Fed did not raise interest rates in the last policy meeting. As a result, it therefore, seems to make sense that investors seeking after safe avenues of investments in Gold,...

Euro zone labor recovery remains as fragmented as ever

Sep 30, 2016 10:32 am UTC| Commentary Economy Central Banks

Euro Zone, as well as, the European Union is facing one of the most diverse economic and Labour market recoveries in the history. Partial reforms pursued by governments coupled with theultra-easy monetary policy from...

Taiwan’s central bank holds policy rate steady following stabilization in economic cycle

Sep 30, 2016 09:43 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) (CBC) maintained status quo at its monetary policy meeting held Thursday, delivering the first pause after a continuous easing cycle that started in September last year,...

FX Hedging Strategy Series

FxWirePro: US election premiums visible USD/JPY OTC markets - Vega-neutral USD/JPY calendar spreads

Sep 30, 2016 09:19 am UTC| Central Banks Research & Analysis

Just as the market was craving any clear-cut statement on the Feds future interest rate policy in the run-up to the last FOMC meeting, regardless of how clearly they are staking out a rate rise in December. It simply...

What’s right “corporate deleverage, deflation or BOJ’s flow funds” - Tankan survey likely to validate

Sep 30, 2016 07:34 am UTC| Central Banks Insights & Views

Along the same lines the Bank of Japans (BoJ) new old monetary policy, which will concentrate on controlling the yield curve, and would not have an effect on the Japanese inflation rate. On the contrary, the data is...