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canada goose HONG KONG, Jan 18 (Reuters) Thai canada goose interest rate swaps fell to 1 1/2 month lows on Tuesday as some banks were forced uk canada goose outlet to unwind their paid positions due to a persistent dollar shortage in the local money market. canada goose
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cheap Canada Goose Six month baht fixings, which are derived from forward dollar/baht premia and canada goose factory sale are the floating canada goose coats leg of IRS contracts, have dropped by more than 13 canada goose black friday sale basis points (bps) in the last four days, pulling one year swaps down by 16 buy canada goose jacket cheap bps to 1.67 percent on canada goose coats on sale Tuesday. cheap Canada Goose
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buy canada goose jacket The drop in forwards has been restricted to the very short end with overnight forwards dropping to a minus 0.55 points at the start of the year and currently trading around 0.04 points. Usually it trades broadly around the 0.1 point mark. buy canada goose jacket
canadian goose jacket As forwards dropped, the fixings also shifted lower which meant that receiving short swaps, despite a surprise rate increase last week, became an attractive proposition. canadian goose jacket
Canada Goose online Outflows from the stock market this month have also kept up the pressure on onshore dollar liquidity. Canada Goose online
Canada Goose sale Net foreign selling in the stock market so far in 2011 Canada Goose Outlet canada goose uk outlet totalled $430 Canada Goose sale million. Canada Goose sale
canada goose black friday sale INFLOWS FROM KIMCHI FUNDS EYED But the slide in short dated swaps is unlikely Canada Goose online to last as y inflows from so called maturing funds or Thai funds investing in Korean assets, are expected to increase dollar liquidity and push rates higher. canada goose black friday sale
canada goose deals Standard Chartered Bank expect maturing dollar inflows to the tune of a rough average $1 billion in February, uk canada goose May canadian goose jacket and June. canada goose deals
canada goose coats on sale Apart Canada Goose Online from likely heavy inflows, a hawkish central bank is also expected canada goose uk black friday to keep upward pressure on interest rates. canada goose coats on sale
canada goose store The central bank canada goose store raised policy rates by 25 basis points to 2.25 percent last week and economists in a Reuters poll forecast the central bank policy rate to rise to 3 percent by end of 2011.. canada goose store
buy canada goose jacket cheap the expected impact on the fixings from the kimchi fund roll offs and a hawkish Bank of Thailand, we favour a paid position in Canada Goose Coats On Sale the baht IRS market, Standard Chartered strategists said in a note. (Editing by Kim Coghill) canada goose clearance buy canada goose jacket cheap.