
Jun 16, 2016 12:16 pm UTC| Insights & Views Central Banks
Initiate longs in 3-month ATM call option on USDTRY volatility: We recommend a long volatility position via a 3-month at-the-money call option on USDTRY vol, which currently costs 2.6104% in premium (ATMD strike of...
Bank of Canada experiments with digital fiat currency ‘CAD-Coin’
Jun 16, 2016 11:49 am UTC| Digital Currency Central Banks
Major central banks are increasingly taking interest in digital currencies and blockchain technology, realizing their potential to transform global banking industry. The Peoples Bank of China, the Reserve Bank of Australia...
BoE monetary policy: Last one before referendum
Jun 16, 2016 10:56 am UTC| Commentary Central Banks
British Sterling has been very volatile lately as investors and traders are becoming nervous as the referendum date closes in. Moreover, in last few polls, exit camp has taken major leads over the stay camp Despite...

BoJ holds fire amid sluggish global growth and anaemic inflation, sends yen soaring
Jun 16, 2016 10:56 am UTC| Insights & Views Central Banks Commentary
The Bank of Japan kept policy unchanged at its meeting earlier on Thursday. The central bank held its key interest rate at minus 0.1 percent and kept the annual target for expanding the monetary base at 80 trillion yen...
China’s holdings in U.S. Treasuries drop for second straight month in April
Jun 16, 2016 10:30 am UTC| Commentary Central Banks
The U.S. Treasury Department on Wednesday stated that a record amount of US Treasury bonds and notes were sold by foreign investors in April as investors anticipate the U.S. Fed to hike rates in 2016. In April, a total of...
SNB monetary policy: Assessing future bias
Jun 16, 2016 10:16 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means: Interest on sight deposits at the SNB will remain at 0.75% and...
Briferendum Series: Mori poll, ECB warning and threatening letter to Carney
Jun 16, 2016 09:05 am UTC| Commentary Central Banks
The market, as well as, the politicsare going haywire as the date of the referendum nears. Bank of England (BoE) governor Mark Carney responded forcefully to a threatening letter from one of the Brexiteer. A letter from...