Strategic Treasury And Risk Management Experts

Mitigating Market Risks for Corporates

Partners in Risk Management

At Forexserve, we understand that risk management function is complex and needs expert skills and years of experience.

We partner with companies who wish to outsource the burden of managing market risk relating to FX, Commodities and Interest Rates. Our comprehensive bespoke risk management solutions are customized to your unique requirements.

Our experts walk you through the entire process, highlighting the risks and their potential impact on the business, enabling you to take informed decisions.

Risk Management Policy

Risk Management Policy

  • Review Existing policy
  • Quantify Risk
  • Derive Hedging Ratios
  • Policy Implementation
  • Set risk reward ratio

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Treasury Consulting

Treasury Consulting

  • Foreign Exchange
  • Interest Rates
  • Commodities
  • Treasury Management Software Implementation
  • Bespoke Strategic Advisory

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Treasury Outsourcing

Treasury Outsourcing

  • Benchmark Exposures
  • Real-Time Exposure Dashboards
  • Hedging Strategy & Implementation
  • Deal Negotiation & Execution
  • Monitor Regulatory & Policy Compliance

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Derivative Pricing & Valuation

Derivative Pricing & Valuation

  • MTM valuations
  • Structuring & Pricing
  • Evaluate Hedge Effectiveness
  • IRR valuations

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Treasury Audit & Assessments

Treasury Audit & Assessments

  • Historical conversion rate analysis
  • Hedge Effectiveness testing
  • Liquidity Gap Analysis
  • Efficacy of Decision Making Process

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Exchange Traded Futures

Exchange Traded Futures

  • Hedge currency exposures on NSE Currency Futures platform
  • Offers transparent pricing
  • Easy execution
  • Simple Documentation

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We bring value to every treasury situation

We assist in articulating the client’s treasury philosophy, helping them to define the treasury and risk management goals.

Our “Pro-Active” consulting ensures that clients manage their market risk effectively, making treasury a profit centre.

Outsourcing ensures that clients can focus on their core business areas.

$25 BN

Annual treasury/ FX under management.

75 %

Average volatility reduction on EBIDTA using our time tested hedging model.

50-60 %

Savings to clients on transaction costs.

1-2 %

Better conversion rates.

Market Bytes

Know Your Risk
Charts / Historical Data
Economic Calendar

      Time Cur. Event Actual Forecast Previous
      Monday, 18 May 2026
      All Day CA Canada - Victoria Day      
      04:00 NZ Performance of Services Index (Apr) 48.9   46.2
      04:31 UK Rightmove House Price Index (YoY) (May) -0.30%   -0.90%
      04:31 UK Rightmove House Price Index (MoM) (May) 1.20%   0.80%
      06:00 SG Non-Oil Exports (MoM) (Apr) 11.00%   3.00%
      06:00 SG Non-Oil Exports (YoY) (Apr) 24.50%   15.30%
      06:00 SG Trade Balance (Apr) 13.068B   11.120B
      07:00 CN House Prices (YoY) (Apr) -3.50%   -3.40%
      07:30 CN Chinese Unemployment Rate (Apr) 5.20% 5.30% 5.40%
      07:30 CN Chinese Industrial Production YTD (YoY) (Apr) 5.60%   6.10%
      07:30 CN Industrial Production (YoY) (Apr) 4.10% 6.00% 5.70%
      07:30 CN Fixed Asset Investment (YoY) (Apr) -1.60% 1.70% 1.70%
      07:30 CN NBS Press Conference      
      07:30 CN Retail Sales (YoY) (Apr) 0.20% 2.00% 1.70%
      07:30 CN Chinese Retail Sales YTD (YoY) (Apr) 1.91%   2.43%
      08:00 TH GDP (YoY) (Q1) 2.80% 2.20% 2.50%
      08:00 TH GDP (QoQ) (Q1) 0.70% 0.10% 1.90%
      08:30 NZ RBNZ Offshore Holdings (Apr) 57.10%   56.70%
      12:04 JP 5-Year JGB Auction 2.02%   1.83%
      09:05
      26m CH GDP (QoQ) (Q1)     0.10%
      56m EU ECB's Elderson Speaks      
      13:30 IT Italian Trade Balance EU (Mar)     -0.65B
      13:30 IT Italian Trade Balance (Mar)   5.250B 4.944B
      14:00 UK BoE MPC Member Mann      
      14:30 CN FDI (Apr)     -7.30%
      15:30 DE German Buba Monthly Report      
      16:30 BR IGP-10 Inflation Index (MoM) (May)     2.90%
      16:55 BR BCB Focus Market Readout      
      17:30 BR IBC-Br Economic Activity (Mar)     0.60%
      18:30 FR French 12-Month BTF Auction     2.61%
      18:30 FR French 3-Month BTF Auction     2.23%
      18:30 FR French 6-Month BTF Auction     2.42%
      19:30 US NAHB Housing Market Index (May)   34 34
      21:00 US 3-Month Bill Auction     3.61%
      21:00 US 6-Month Bill Auction     3.62%
      Tuesday, 19 May 2026
      01:30 US TIC Net Long-Term Transactions (Mar)     58.6B
      01:30 US TIC Net Long-Term Transactions including Swaps (Mar)   82.40B 58.60B
      01:30 US Overall Net Capital Flow (Mar)     184.50B
      01:30 US US Foreign Buying, T-bonds (Mar)     2.00B
      04:15 NZ PPI Input (QoQ) (Q1)   0.80% -0.50%
      04:15 NZ Electronic Card Retail Sales (MoM) (Apr)     0.70%
      04:15 NZ PPI Output (QoQ) (Q1)   0.50% 0.10%
      04:15 NZ Electronic Card Retail Sales (YoY) (Apr)     2.70%
      05:20 JP GDP (QoQ) (Q1)   0.40% 0.30%
      05:20 JP GDP (YoY) (Q1)   1.70% 1.30%
      05:20 JP GDP Price Index (YoY) (Q1)   3.10% 3.40%
      05:20 JP GDP External Demand (QoQ) (Q1)   0.20% 0.00%
      05:20 JP GDP Capital Expenditure (QoQ) (Q1)   0.20% 1.30%
      05:20 JP GDP Private Consumption (QoQ) (Q1)   0.20% 0.30%
      06:00 AU Westpac Consumer Sentiment (May)     -12.50%
      07:00 AU RBA Meeting Minutes      
      09:30 MY CPI (YoY) (Apr)     1.70%
      09:30 MY CPI (MoM) (Apr)     0.30%
      10:00 JP Industrial Production (MoM) (Mar)   -0.50% -0.50%
      10:00 JP Capacity Utilization (MoM) (Mar)     -0.10%
      10:00 JP Tertiary Industry Activity Index (Mar)   -0.3 -0.7
      11:30 UK Employment Change 3M/3M (MoM) (Mar)     25K
      11:30 UK Unemployment Rate (Mar)   4.90% 4.90%
      11:30 UK Average Earnings Index +Bonus (Mar)   3.80% 3.80%
      11:30 UK Claimant Count Change (Apr)   25.9K 26.8K
      11:30 UK Average Earnings ex Bonus (Mar)   3.50% 3.60%
      13:30 ES Spanish Trade Balance (Mar)     -3.30B
      13:40 UK BoE Breeden Speaks      
      14:00 UK Labour Productivity (Q4)     1.10%
      14:00 HK Unemployment Rate (Apr)     3.70%
      14:30 EU Trade Balance (Mar)   6.5B 11.5B
      15:00 DE German 5-Year Bobl Auction     2.74%
      17:30 EU ECB's Lane Speaks      
      17:30 US Fed Waller Speaks      
      17:30 NZ GlobalDairyTrade Price Index     1.50%
      17:30 NZ Milk Auctions     4,127.00
      17:45 US ADP Employment Change Weekly     33.00K
      18:00 CA Core CPI (MoM) (Apr)     0.20%
      18:00 CA Core CPI (YoY) (Apr)     2.50%
      18:00 CA CPI (MoM) (Apr)   0.60% 0.90%
      18:00 CA Building Permits (MoM) (Mar)   2.10% -8.40%
      18:00 CA New Housing Price Index (MoM) (Apr)   0.00% -0.20%
      18:00 CA Common CPI (YoY) (Apr)   2.60% 2.60%
      18:00 CA CPI (YoY) (Apr)     2.40%
      18:00 CA Median CPI (YoY) (Apr)   2.20% 2.30%
      18:00 CA Trimmed CPI (YoY) (Apr)   2.30% 2.20%
      18:25 US Redbook (YoY)     9.60%
      19:30 US Pending Home Sales (MoM) (Apr)   1.20% 1.50%
      19:30 US Pending Home Sales Index (Apr)     73.7
      Wednesday, 20 May 2026
      02:00 US API Weekly Crude Oil Stock     -2.188M
      04:30 JP Reuters Tankan Index (May)     7
      06:30 CN PBoC Loan Prime Rate (May)   3.50% 3.50%
      06:30 AU MI Leading Index (MoM) (Apr)     -0.10%
      06:45 CN PBoC Loan Prime Rate   3.00% 3.00%
      09:30 MY Imports (YoY) (Apr)     10.40%
      09:30 MY Exports (YoY) (Apr)     8.30%
      09:30 MY Trade Balance (Apr)     24.60B
      11:30 UK CPI (YoY) (Apr)   3.00% 3.30%
      11:30 DE German PPI (MoM) (Apr)   2.10% 2.50%
      11:30 UK PPI Input (MoM) (Apr)   1.10% 4.40%
      11:30 UK CPI (MoM) (Apr)     0.70%
      11:30 DE German PPI (YoY) (Apr)     -0.20%
      11:30 UK Core PPI Output (MoM) (Apr)     0.20%
      11:30 UK Core PPI Output (YoY) (Apr)     2.00%
      11:30 UK PPI Output (YoY) (Apr)     2.60%
      11:30 UK PPI Output (MoM) (Apr)   0.90% 0.90%
      11:30 UK PPI Input (YoY) (Apr)     5.40%
      11:30 UK RPI (MoM) (Apr)     0.80%
      11:30 UK RPI (YoY) (Apr)   3.70% 4.10%
      11:30 UK Core RPI (MoM) (Apr)     0.80%
      11:30 UK CPI, n.s.a (Apr)     141
      11:30 UK Core CPI (MoM) (Apr)     0.40%
      11:30 UK Core RPI (YoY) (Apr)     4.00%
      11:30 UK Core CPI (YoY) (Apr)   2.60% 3.10%
      12:30 EU European Central Bank Non-monetary Policy Meeting      
      13:30 ZA Core CPI (MoM) (Apr)     0.80%
      13:30 ZA Core CPI (YoY) (Apr)     3.20%
      13:30 ZA CPI (MoM) (Apr)     0.60%
      13:30 ZA CPI (YoY) (Apr)     3.10%
      14:00 UK House Price Index (YoY)   0.80% 1.20%
      14:30 EU CPI (YoY) (Apr)   3.00% 3.00%
      14:30 EU Core CPI (YoY) (Apr)   2.20% 2.20%
      14:30 EU CPI (MoM) (Apr)   1.00% 1.30%
      14:30 BE Belgium Consumer Confidence (May)     -9
      14:30 EU Core CPI (MoM) (Apr)   0.90% 0.90%
      14:30 EU HICP ex Energy & Food (YoY) (Apr)   2.10% 2.10%
      14:30 EU HICP ex Energy and Food (MoM) (Apr)   0.80% 0.70%
      14:30 EU CPI ex Tobacco (MoM) (Apr)     1.30%
      14:30 EU CPI ex Tobacco (YoY) (Apr)     2.50%
      14:30 EU CPI, n.s.a (Apr)   103.05 101.99
      15:00 DE German 10-Year Bund Auction     3.08%
      16:30 US MBA 30-Year Mortgage Rate     6.46%
      16:30 US MBA Mortgage Applications (WoW)     1.70%
      16:30 US MBA Purchase Index     177.7
      16:30 US Mortgage Market Index     290.1
      16:30 US Mortgage Refinance Index     921.1
      16:30 ZA Retail Sales (YoY) (Mar)     1.60%
      17:00 IN Infrastructure Output (YoY) (Apr)     -0.40%
      17:00 IN M3 Money Supply     12.00%
      18:45 US Fed Vice Chair for Supervision Barr Speaks      
      20:00 US Crude Oil Inventories     -4.306M
      20:00 US Cushing Crude Oil Inventories     -1.702M
      20:00 US Heating Oil Stockpiles     0.153M
      20:00 US Gasoline Inventories     -4.084M
      20:00 US Crude Oil Imports     -0.318M
      20:00 US EIA Refinery Crude Runs (WoW)     0.370M
      20:00 US EIA Weekly Refinery Utilization Rates (WoW)     1.60%
      20:00 US Gasoline Production     0.222M
      20:00 US Distillate Fuel Production     -0.124M
      20:00 US EIA Weekly Distillates Stocks     0.190M
      21:30 RU PPI (MoM) (Apr)     2.00%
      21:30 RU PPI (YoY) (Apr)     -1.80%
      23:00 BR Foreign Exchange Flows     -1.438B
      23:30 US FOMC Meeting Minutes      
      Thursday, 21 May 2026
      02:30 KR PPI (MoM) (Apr)     1.60%
      02:30 KR PPI (YoY) (Apr)     4.10%
      04:15 NZ Trade Balance (MoM) (Apr)   842M 698M
      04:15 NZ Trade Balance (YoY) (Apr)     -3,190M
      04:15 NZ Imports (Apr)     7.25B
      04:15 NZ Exports (Apr)     7.94B
      04:30 AU Judo Bank Manufacturing PMI (May)     51.3
      04:30 AU Manufacturing & Services PMI (May)     50.4
      04:30 AU Judo Bank Services PMI (May)     50.7
      05:20 JP Trade Balance (Apr)   -29.7B 643.0B
      05:20 JP Exports (YoY) (Apr)   9.30% 11.50%
      05:20 JP Adjusted Trade Balance   -0.23T 0.09T
      05:20 JP Core Machinery Orders (YoY) (Mar)   4.50% 24.70%
      05:20 JP Imports (YoY) (Apr)   8.30% 10.90%
      05:20 JP Core Machinery Orders (MoM) (Mar)   -8.70% 13.60%
      05:20 JP Foreign Bonds Buying     1,640.7B
      05:20 JP Foreign Investments in Japanese Stocks     1,437.5B
      06:00 JP au Jibun Bank Services PMI (May)     51
      06:00 JP Manufacturing & Services PMI (May)     52.2
      06:00 JP au Jibun Bank Manufacturing PMI (May)   54.5 55.1
      06:30 AU MI Inflation Expectations (May)     5.90%
      07:00 AU Unemployment Rate (Apr)   4.30% 4.30%
      07:00 AU Full Employment Change (Apr)     52.5K
      07:00 AU Employment Change (Apr)   15.7K 17.9K
      07:00 AU Reserve Assets Total (Apr)     1,15,963.0B
      07:00 AU Participation Rate (Apr)     66.80%
      08:30 NZ Credit Card Spending (YoY) (Apr)     2.10%
      10:30 IN S&P Global Services PMI (May)     58.8
      10:30 IN S&P Global Manufacturing PMI (May)     54.7
      10:30 IN Manufacturing & Services PMI (May)     58.2
      11:30 SE Unemployment Rate (Apr)     9.70%
      12:00 CH Industrial Production (YoY) (Q1)     -0.70%
      12:30 CH M3 Money Supply (Apr)     12,21,317.0B
      12:30 SE Capacity Utilization (QoQ) (Q1)     -0.60%
      12:45 FR HCOB France Manufacturing PMI (May)   52.3 52.8
      12:45 FR HCOB France Services PMI (May)   46.6 46.5
      12:45 FR HCOB France Composite PMI (May)     47.6
      13:00 DE HCOB Germany Manufacturing PMI (May)   51 51.4
      13:00 DE HCOB Germany Services PMI (May)   47.1 46.9
      13:00 DE HCOB Germany Composite PMI (May)   48.5 48.4
      13:30 EU HCOB Eurozone Manufacturing PMI (May)   51.8 52.2
      13:30 EU HCOB Eurozone Services PMI (May)   47.7 47.6
      13:30 EU HCOB Eurozone Composite PMI (May)   49.2 48.8
      13:30 EU Current Account (Mar)   26.3B 24.9B
      13:30 EU Current Account n.s.a. (Mar)     21.1B
      14:00 UK S&P Global Services PMI (May)   51.7 52.7
      14:00 UK S&P Global Composite PMI (May)     52.6
      14:00 UK S&P Global Manufacturing PMI (May)   53 53.7
      14:00 HK CPI (YoY) (Apr)     1.70%
      14:00 HK CPI (MoM) (Apr)     0.00%
      14:10 ES Spanish 7-Year Obligacion Auction     3.11%
      14:30 EU EU Economic Forecasts      
      14:30 EU Construction Output (MoM) (Mar)     -0.19%
      14:30 EU Labor Cost Index (YoY) (Q1)     3.30%
      15:30 DE German Buba Monthly Report      
      15:30 PT Portuguese Current Account (Mar)     -0.271B
      15:30 UK CBI Industrial Trends Orders (May)   -40 -38
      17:30 BR BCB National Monetary Council Meeting      
      18:00 US Philadelphia Fed Manufacturing Index (May)   17.9 26.7
      18:00 US Initial Jobless Claims   210K 211K
      18:00 US Philly Fed Employment (May)     -5.1
      18:00 US Building Permits (Apr)   1.380M 1.363M
      18:00 US Housing Starts (Apr)   1.420M 1.502M
      18:00 US Housing Starts (MoM) (Apr)     10.80%
      18:00 US Continuing Jobless Claims     1,782K
      18:00 US Philly Fed Business Conditions (May)     40.8
      18:00 US Philly Fed New Orders (May)     33
      18:00 US Philly Fed Prices Paid (May)     59.3
      18:00 US Philly Fed CAPEX Index (May)     35.2
      18:00 US Building Permits (MoM) (Apr)     -11.40%
      18:00 US Jobless Claims 4-Week Avg.     203.75K
      18:30 RU Central Bank reserves (USD)     771.0B
      19:15 US S&P Global Manufacturing PMI (May)   53.6 54.5
      19:15 US S&P Global Services PMI (May)   51.1 51
      19:15 US S&P Global Composite PMI (May)     51.7
      19:30 US Atlanta Fed GDPNow (Q2)   4.00% 4.00%
      19:30 EU Consumer Confidence (May)   -21 -20.6
      20:00 US Natural Gas Storage     85B
      20:30 US KC Fed Manufacturing Index (May)     10
      20:30 US KC Fed Composite Index (May)     10
      21:00 EU ECB's Elderson Speaks      
      21:00 US 4-Week Bill Auction     3.61%
      21:00 US 8-Week Bill Auction     3.61%
      21:50 US FOMC Member Barkin Speaks      
      22:30 US 10-Year TIPS Auction     1.90%
      Friday, 22 May 2026
      02:00 US Fed's Balance Sheet     6,729B
      02:00 US Reserve Balances with Federal Reserve Banks     3.117T
      02:30 KR Consumer Confidence (May)     99.2
      04:15 NZ Retail Sales (QoQ) (Q1)   0.60% 0.90%
      04:15 NZ Core Retail Sales (QoQ)   0.90% 1.50%
      04:15 NZ Retail Sales Quarterly Vs. Year Ago (Q1)     4.40%
      04:31 UK GfK Consumer Confidence (May)   -28 -25
      05:00 JP National Core CPI (YoY) (Apr)   1.70% 1.80%
      05:00 JP National CPI (MoM) (Apr)     0.40%
      05:00 JP CPI, n.s.a (MoM) (Apr)     0.40%
      05:00 JP National CPI (YoY) (Apr)     1.50%
      05:31 IE Irish Consumer Confidence (May)     53.3
      06:45 EU ECB's Lane Speaks      
      11:30 DE German GDP (QoQ) (Q1)   0.30% 0.30%
      11:30 DE German GDP (YoY) (Q1)   0.30% 0.30%
      11:30 DE GfK German Consumer Climate (Jun)   -33.8 -33.3
      11:30 UK Retail Sales (YoY) (Apr)     1.70%
      11:30 UK Core Retail Sales (YoY) (Apr)     1.70%
      11:30 UK Core Retail Sales (MoM) (Apr)     0.20%
      11:30 UK Retail Sales (MoM) (Apr)   -0.60% 0.70%
      11:30 UK Public Sector Net Cash Requirement (Apr)     28.519B
      12:15 FR French Business Survey (May)     100
      13:30 DE German Business Expectations (May)     83.3
      13:30 DE German Current Assessment (May)     85.4
      13:30 DE German Ifo Business Climate Index (May)   84 84.4
      13:30 GR Greek Current Account (YoY) (Mar)     -1.286B
      14:00 EU ECB President Lagarde Speaks      
      15:30 EU Eurogroup Meetings      
      15:30 EU ECOFIN Meetings      
      17:00 IN Bank Loan Growth     16.00%
      17:00 IN Deposit Growth     12.30%
      18:00 CA Core Retail Sales (MoM) (Mar)   0.90% 0.50%
      18:00 CA RMPI (MoM) (Apr)   2.80% 12.00%
      18:00 CA Retail Sales (MoM) (Mar)   0.60% 0.70%
      18:00 CA Retail Sales (MoM) (Mar)     0.70%
      18:00 CA RMPI (YoY) (Apr)     23.60%
      18:00 CA IPPI (MoM) (Apr)   1.00% 2.40%
      18:00 CA IPPI (YoY) (Apr)     7.80%
      18:16 GR Greek Credit Expansion (YoY) (Mar)     4.90%
      18:30 BE Belgium NBB Business Climate (May)   -14.5 -14.2
      19:30 US US Leading Index (MoM) (Apr)     -0.60%
      19:30 US Michigan 1-Year Inflation Expectations (May)   4.50% 4.50%
      19:30 US Michigan Consumer Expectations (May)   48.5 48.5
      19:30 US Michigan Consumer Sentiment (May)   48.2 48.2
      19:30 US Michigan 5-Year Inflation Expectations (May)   3.40% 3.40%
      19:30 US Fed Waller Speaks      
      19:30 US Michigan Current Conditions (May)   47.8 47.8
      20:00 CA BoC Senior Loan Officer Survey     2.8
      22:30 US U.S. Baker Hughes Oil Rig Count     415
      22:30 US U.S. Baker Hughes Total Rig Count     551
      Sentiss
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