
Downside risks to inflation outlook likely to keep BoC on an accommodative monetary policy stance
Sep 12, 2016 09:50 am UTC| Insights & Views Central Banks Economy
Canadian economy started 2016 on a strong footing, growing 0.6 percent q/q in Q1. However, it was unable to sustain the strong momentum into Q2. Oil production downtime caused by the wildfires was the main drag. That said,...
Fundamentals to watch out for this week
Sep 12, 2016 08:15 am UTC| Commentary Economy Central Banks
This week is relatively less risk heavy compared to last week. Nevertheless, a fresh batch of data from the United Kingdomshould keep the drums beating. What to watch for over the coming days: U.S. economic...

Sep 12, 2016 08:08 am UTC| Central Banks Research & Analysis
1W and 2W ATM IVs of GBP crosses are rising dramatically in OTC markets, GBPJPY flashing more than 13% and 16% respectively ahead of this weeks monetary policy by Bank of England which is likely to stand pat but previous...
FxWirePro: Stay long in USD/TWD 3m NDFs carrying attractive risk reward ratio
Sep 12, 2016 07:28 am UTC| Central Banks Insights & Views
Initiate long in USDTWD at spot reference 31.75 entered via 3m NDF with a stop target of 33.14 (+4.3%) and a stop slightly below the recent low at 30.99 (-2.3%). The trade horizon would be 3-4 months. With negative...
Czech National Bank likely to have intervened more in August to defend EUR/CZK floor at 27
Sep 12, 2016 07:09 am UTC| Commentary Central Banks
The Czech National Banks latest balance sheet data implies that the central bank has had to intervene more in recent weeks in order to defend the EUR/CZK floor at 27, said Commerzbank in a research note. The preliminary...

No action from BoE in Sept, all attention likely on the minutes to gauge future rate cuts
Sep 09, 2016 12:07 pm UTC| Insights & Views Central Banks Economy
After delivering a comprehensive package of policy easing measures in August, the Bank of England is widely expected to stay pat at its September policy meeting scheduled next week. Focus is likely to be on the wording in...
Higher Swiss jobless rate poses concern for SNB; overvalued franc deepens the cause
Sep 09, 2016 10:06 am UTC| Commentary Economy Central Banks
The jobless rate in Switzerland rose for the first time since May, during the month of August, shrugging expectations for an unchanged figure, raising concerns for the Swiss National Bank. Also, an overvalued franc is...