
Jul 26, 2016 11:35 am UTC| Research & Analysis Insights & Views Central Banks
By the end of 2016, we expect USD/CNY to be testing 7.0 due to a mix of cyclical USD strength as well as domestic factors. FX intervention cannot continue indefinitely. The orderly, low vol depreciation of the RMB has...
US Fed likely to keep cautious policy stance; but risk skewed towards more hawkish Fed
Jul 26, 2016 11:28 am UTC| Commentary Central Banks
The FOMC (Federal Open Market Commitee), at its upcoming meeting on Wednesday, is likely to keep the federal funds target on hold. According to a Danske Bank research note, the FOMC will keep the federal funds target range...
Risk aversion and Aso comments push Yen higher ahead of BoJ meeting on Friday
Jul 26, 2016 09:20 am UTC| Commentary Central Banks
The Japanese yen has started strengthening ahead of the monetary policy meeting of Bank of Japan (BoJ) on Friday riding on risk aversion triggered by a drop in oil price. The speculation is quite high that the central bank...

Jul 26, 2016 09:18 am UTC| Central Banks Insights & Views
BoJ likely will ease next week, using all existing tools, while the government may release the outline of its fiscal package. The major currencies have slumped to the multi-month lows against yen and it is also deemed...

FxWirePro: Load up weights in GBP/JPY longs leg of PRBS on HY IVs to hedge prolonged downside risks
Jul 26, 2016 07:50 am UTC| Central Banks Insights & Views
Please have a glance on how implied volatilities of ATM contracts of 1w, 2w, and 1m tenors are spiking crazily in OTC markets, 29.52, 25.53% and 21.52% respectively ahead of Bank of Japans monetary policy on...
MAS says present monetary policy stance suitable for macroeconomic conditions in 2016
Jul 26, 2016 06:20 am UTC| Commentary Central Banks
On Monday, Singapores central bank Managing Director Ravi Menon stated in the MAS Annual Report 2015/16 that the present monetary policy stance continues to be suitable for the overall macroeconomic conditions in 2016. He...

Jul 25, 2016 13:14 pm UTC| Central Banks Insights & Views
Can BoJ deliver ideal monetary policy decision as easing seems stuck in a catch 22 situation between inflation and yens appreciation? The question has been themajor focus for the week in economic data releases. This...