BoE MPC’s Forbes makes hawkish comments

Oct 17, 2016 11:58 am UTC| Central Banks Insights & Views

The Bank of England MPC member Kristin Forbes said that inflation will likely overshoot its 2 percent target, maybe sharply, over the next couple of years, adding that the feed-through of inflation from the GBP exchange...

FxWirePro: Silver outpaces gold in plunging, both fundamentals and technicals remains fragile for white metal

Oct 14, 2016 12:54 pm UTC| Technicals Insights & Views

Silver falls tracking gold but in a more volatile fashion Silver prices tracked gold lower but slumped much more dramatically given its illiquid nature to register a fall of more than 5% on Tuesday, trading at its lowest...

Market pricing for RBNZ November OCR cut firms ahead of Q3 CPI print

Oct 14, 2016 11:06 am UTC| Insights & Views Economy Central Banks

The Reserve Bank of New Zealand (RBNZ) stood pat at its monetary policy meeting in September, leaving the OCR unchanged at 2.00 percent. In the statement that followed, the RBNZ acknowledged the economic developments since...

Why is ZAR making headline on FxWirePro with bearish tone?

Oct 14, 2016 09:58 am UTC| Economy Insights & Views

Umpteen number of reasons why we are bearish on ZAR, in outright trades, we are long USDZAR and short ZAR/RUB. Following the peak in political tensions in the second half of August, political noise has subsided and the...

Australia's Q3 CPI unlikely to confirm fading disinflationary forces, to complicate RBA's monetary policy outlook

Oct 13, 2016 12:02 pm UTC| Insights & Views Economy Central Banks

As expected by markets the RBA held interest rates at 1.5 percent at its October monetary policy meeting and refrained from adopting an explicit easing bias. Having eased monetary policy at its May and August meetings, the...

Emerging Market Crisis Series

Prexit: as South Africa looks over the abyss who will blink?

Oct 13, 2016 08:14 am UTC| Insights & Views Politics Economy

Like the lemming that is about to throw itself off the proverbial cliff, South Africa appears unable to stop itself from preventing a self-inflicted act of such monumental folly that it could easily send Africas second...

Migrant Crisis Series

Turkey's great challenge: integrating 2.7 million Syrian refugees

Oct 13, 2016 08:08 am UTC| Insights & Views

Since the outbreak of the civil war in Syria, millions have fled across the border to Turkey. Turkeys open-door migration policy has seen the number of registered Syrians in Turkey reach 2,730,000. This has led to rapid...