FxWirePro: Trading adjustments in Asian Forward Derivative baskets after BoJ and RBA
May 03, 2016 14:50 pm UTC| Insights & Views Central Banks
Major Asian asset baskets gained, with Australia shares jumping as RBA cuts rates. The RBA cut its benchmark rate by 25 basis points to a record low 1.75 percent, noting that inflation data are unexpectedly low and that...
Briferendum Series: Exit may trigger BOE’s worst nightmare
May 03, 2016 08:58 am UTC| Commentary Central Banks
What is central banks primary goal? To ensure price stability. Some have other mandates too, like FEDs maximum employment. What are they afraid of? Uncontrollable inflation. (We are not considering deflation,...

RBA cuts rates to 1.75% ahead of federal budget
May 03, 2016 06:58 am UTC| Insights & Views Central Banks
The Reserve Bank of Australia has cut Australias cash rate by 25 basis points to a record low of 1.75%, citing inflationary pressures. The decision comes as Treasurer Scott Morrison prepares to unveil his first federal...

ECB study indicates U.S. data leakage
May 03, 2016 06:57 am UTC| Commentary Central Banks
Macro-economic data and announcements can be major market mover and can make millions for the one, whose bets are on the right side. A latest study by European Central Bank (ECB) indicate that group of traders could be...
RBA cuts rate, assessing future bias
May 03, 2016 05:11 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA), decided to cut policy rate by 25 basis points at todays meeting against expectations of no change in policy. Aussie is naturally weak, trading at 0.756, down -1.27% so far today. Lets...
Opportunity for RBA to talk down the Aussie tomorrow
May 02, 2016 10:15 am UTC| Commentary Central Banks
Australian Dollar is up 4.6% YTD and more than 7% in last three months, helped by weakness in Dollar and rally in iron-ore, its main export commodities. However, Australian currency has ceased to reflect economic...

Apr 29, 2016 09:26 am UTC| Insights & Views Central Banks
If the BoJ implements additional QQE, yens depreciation and risky asset avenues rally could be restrained or momentary, whichmay lead toa larger risk of the BoJ trailing buoyancy. Well, Abenomics has been...