Turkish lira under pressure on expectations for further monetary easing

Oct 06, 2016 14:34 pm UTC| Commentary

Turkeys annual inflation rate dropped from 8.05 percent in August to 7.28 percent in September, beating median estimates for a drop to 7.87 percent. The recession in domestic demand caused by tourism has curbed general...

Conversion of CHF denominated mortgages becomes Romania's key electoral debate

Oct 06, 2016 14:00 pm UTC| Commentary

In January 2016, the Swiss National Bank abandoned its peg against the euro which saw marked appreciation of CHF exchange rate after European Central Bank introduced a massive stimulus program. Huge housing mortgages in...

China to implement city specific policies to cool overheated property market – Fitch

Oct 06, 2016 13:32 pm UTC| Commentary

Chinas local governments struggle to rein in soaring housing prices which are fuelling concerns of a property bubble. Prices in 100 major Chinese cities rose 14.9 percent in the first nine months of 2016, with August and...

FX Hedging Strategy Series

FxWirePro: Can OPEC withstand its production freezing decision in next meeting? Oil factors in all news – Vertical call spreads to optimally hedge upside risks

Oct 06, 2016 13:01 pm UTC| Commentary

OPECs call to action supports prices in the face of materially weaker fundamentals: Last weeks extraordinary meeting of the OPEC conference in Algiers concluded with a commitment to change OPECs production strategy and...

Canadian bonds trade lower as oil prices hold at 2016 high

Oct 06, 2016 12:59 pm UTC| Commentary

The Canadian government bonds traded lower Thursday as crude oil prices remained steady at 2016 high following U.S. inventories data. The yield on the benchmark 10-year bond, which moves inversely to its price, rose...

FX Hedging Strategy Series

FxWirePro: Is EUR/CHF still stuck in narrow range or likely to break? Central banks should answer – FX option market still signals tepid trend

Oct 06, 2016 12:47 pm UTC| Central Banks Commentary

One victim of the easing ECB euphoria is the EURCHF exchange rate. While the euro was unable to appreciate against the dollar yesterday, it was at least able to maintain the previous days level. In contrast, EURCHF eased...

Chile’s inflation seems to have stayed at 3.4 pct y/y in September

Oct 06, 2016 12:39 pm UTC| Commentary

Chiles inflation is expected to have remained the same in September. Inflation in the nation has been easing in 2016 and has dropped below the target ceiling for the first time in August to come in at 3.4 percent...