FX Hedging Strategy Series

FxWirePro: FED ponders over US economic flashes with its projection for hiking cycle but to upgrade inflation targets, mounting sentiments in USD OTC hedging

Nov 03, 2016 14:02 pm UTC| Central Banks Insights & Views Commentary

As per the expectation, the November FOMC meeting went uneventful. The Fed seemed to have two major objectives: to hold onto prospects of December rate hike while also maintaining flexibility to delay action, should events...

FxWirePro: Uphold BRICS FX cross trades on hawkish note by CBR and OPEC to stimulate with production cut negotiation

Nov 03, 2016 13:02 pm UTC| Central Banks Insights & Views

We remain bullish in Russian currency on various grounds, with rouble remaining our favorite carry expression in the region. The domestic side of the story remains largely unchanged. The key positive remains a hawkish...

Upbeat UK services PMI eases worries about "hard" Brexit

Nov 03, 2016 12:19 pm UTC| Insights & Views Economy Central Banks

Britains services sector accelerated in October, according to the latest PMI data from IHS Markit, released on Thursday. The UK Markit/CIPS October PMI services sector index strengthened to 54.5 from 52.6 the previous...

BoE Preview: MPC to hold fire and adopt a less dovish tenor

Nov 03, 2016 06:53 am UTC| Commentary Central Banks Economy Insights & Views

The Bank of England will conclude its November monetary policy meeting on Thursday by 12:00 GMT. We expect the meeting to end in the decisions to maintain the official Bank Rate at 0.25 percent and keep the programme of...

Can India's mega-conglomerate Tata Sons survive its leadership crisis?

Nov 02, 2016 17:31 pm UTC| Insights & Views Business

It should have been a regular, business-as-usual board meeting at the iconic Bombay House, which headquarters the century-old company Tata Sons. But the October 24th gathering turned out to be a shocking event in the...

FX Hedging Strategy Series

FxWirePro: Keep crude oil’s upside risks on check ahead of EIA inventory check and OPEC negotiation via option spreads

Nov 02, 2016 13:57 pm UTC| Insights & Views

The crude oil prices have softened in recent weeks, following their post-OPEC meeting rally. It appears premature for prices to push up into the mid- $50s before the provisional agreement reached at the end of September in...

Rise in sight deposits exposes SNB's strategy, long-term EUR/CHF downside risk remains

Nov 02, 2016 12:10 pm UTC| Insights & Views Central Banks

The Swiss National Bank (SNB) had previously capped the nations currency at 1.20 per euro before abandoning the defense in January 2015. Abandoning the currency cap didnt stop the SNB which has sought to weaken the franc...