Apr 27, 2016 09:47 am UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT after FOMC is done with theirs. Economic condition: New Zealands economy overall remained robust throughout the crisis of...
German bunds rally ahead of FOMC meeting
Apr 27, 2016 09:14 am UTC| Commentary Central Banks
The German bunds rallied on Wednesday as investors await for Federal Reserves monetary policy meeting and Federal Reserve Chair Janet Yellens speech in an attempt to estimate the Feds likely next step to raise interest...

USD OTC markets in long run seem to have factored in Fed’s forward guidance
Apr 27, 2016 08:22 am UTC| Commentary Central Banks
Feds Forward Guidance: Those looking for explicit guidance from the Fed on the timing of its next move may be disappointed. That said, its clear the Fed is conscious of the negative feedback loop that would result from a...
FED Hike Aftermath Series: More likelihood of a hike today than markets price-in
Apr 27, 2016 08:16 am UTC| Commentary Central Banks
Market participants are pricing only 2% chance that there will be a 25 basis points hike today and first hike to come only in September. However, in reality, we feel there is quite a good chance that rates will be hiked...
What could cause Fed to be more dovish again?
Apr 27, 2016 08:05 am UTC| Insights & Views Commentary Central Banks
Preparation is everything. That also applies for the Feds normalisation course, but no change is expected from the Fed this week. The Fed will need to start prepping the market more actively if a hike in June is a viable...

FED Hike Odds Shift to September
Apr 26, 2016 06:34 am UTC| Commentary Central Banks
Market participants have started taking hawkish members of FED quite seriously and with stock markets, commodities shrugging off early weakness along with Dollar losing ground, case for two hikes from FED this year is...

FxWirePro: NZD IVs spike ahead of RBNZ, sensitivity tool favours OTM put strikes
Apr 26, 2016 06:03 am UTC| Commentary Central Banks
Leveraged accounts remained bullish on commodity currencies, led by the AUD. They raised their net AUD longs by USD0.8bn to USD3.4bn, the highest since Sep 14 (see Figure 10). They also added to their net longs in NZD, by...