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
Treasury Consulting
Treasury Consulting
- Foreign Exchange
- Interest Rates
- Commodities
- Treasury Management Software Implementation
- Bespoke Strategic Advisory
Treasury Outsourcing
Treasury Outsourcing
- Benchmark Exposures
- Real-Time Exposure Dashboards
- Hedging Strategy & Implementation
- Deal Negotiation & Execution
- Monitor Regulatory & Policy Compliance
Derivative Pricing & Valuation
Derivative Pricing & Valuation
- MTM valuations
- Structuring & Pricing
- Evaluate Hedge Effectiveness
- IRR valuations
Treasury Audit & Assessments
Treasury Audit & Assessments
- Historical conversion rate analysis
- Hedge Effectiveness testing
- Liquidity Gap Analysis
- Efficacy of Decision Making Process
Exchange Traded Futures
Exchange Traded Futures
- Hedge currency exposures on NSE Currency Futures platform
- Offers transparent pricing
- Easy execution
- Simple Documentation
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 | ||||||||||||||||||||||
| 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% | ||||||||||||||||||
| 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% | ||||||||||||||||||
| 09:05 | JP | 5-Year JGB Auction | 2.02% | 1.83% | ||||||||||||||||||
| 13:00 | EU | ECB's Elderson Speaks | ||||||||||||||||||||
| 14:00 | UK | BoE MPC Member Mann | ||||||||||||||||||||
| 19:30 | US | NAHB Housing Market Index (May) | 37 | 34 | 34 | |||||||||||||||||
| 21:00 | US | 3-Month Bill Auction | 3.60% | 3.61% | ||||||||||||||||||
| 21:00 | US | 6-Month Bill Auction | 3.62% | 3.62% | ||||||||||||||||||
| Tuesday, 19 May 2026 | ||||||||||||||||||||||
| 01:30 | US | TIC Net Long-Term Transactions (Mar) | 81.3B | 87.2B | 57.0B | |||||||||||||||||
| 01:30 | US | TIC Net Long-Term Transactions including Swaps (Mar) | 81.30B | 82.40B | 57.00B | |||||||||||||||||
| 01:30 | US | Overall Net Capital Flow (Mar) | 150.70B | 182.70B | ||||||||||||||||||
| 01:30 | US | US Foreign Buying, T-bonds (Mar) | 13.50B | 2.60B | ||||||||||||||||||
| 05:20 | JP | GDP (QoQ) (Q1) | 0.50% | 0.40% | 0.20% | |||||||||||||||||
| 05:20 | JP | GDP (YoY) (Q1) | 2.10% | 1.70% | 0.80% | |||||||||||||||||
| 05:20 | JP | GDP Price Index (YoY) (Q1) | 3.40% | 3.10% | 3.40% | |||||||||||||||||
| 05:20 | JP | GDP External Demand (QoQ) (Q1) | 0.30% | 0.20% | 0.00% | |||||||||||||||||
| 05:20 | JP | GDP Capital Expenditure (QoQ) (Q1) | 0.30% | 0.20% | 1.40% | |||||||||||||||||
| 05:20 | JP | GDP Private Consumption (QoQ) (Q1) | 0.30% | 0.20% | 0.00% | |||||||||||||||||
| 10:00 | JP | Industrial Production (MoM) (Mar) | -0.40% | -0.50% | -2.00% | |||||||||||||||||
| 10:00 | JP | Capacity Utilization (MoM) (Mar) | -1.20% | -0.10% | ||||||||||||||||||
| 10:00 | JP | Tertiary Industry Activity Index (Mar) | 16.5 | -0.4 | -1.1 | |||||||||||||||||
| 11:30 | UK | Employment Change 3M/3M (MoM) (Mar) | 148K | 107K | 25K | |||||||||||||||||
| 11:30 | UK | Unemployment Rate (Mar) | 5.00% | 4.90% | 4.90% | |||||||||||||||||
| 11:30 | UK | Average Earnings Index +Bonus (Mar) | 4.10% | 3.80% | 3.90% | |||||||||||||||||
| 11:30 | UK | Claimant Count Change (Apr) | 26.5K | 23.1K | 4.9K | |||||||||||||||||
| 11:30 | UK | Average Earnings ex Bonus (Mar) | 3.40% | 3.40% | 3.60% | |||||||||||||||||
| 13:40 | UK | BoE Breeden Speaks | ||||||||||||||||||||
| 14:00 | UK | Labour Productivity (Q4) | -0.50% | -0.50% | ||||||||||||||||||
| 14:30 | EU | Trade Balance (Mar) | 7.8B | 5.4B | 11.1B | |||||||||||||||||
| 17:30 | EU | ECB's Lane Speaks | ||||||||||||||||||||
| 17:30 | US | Fed Waller Speaks | ||||||||||||||||||||
| 17:45 | US | ADP Employment Change Weekly | 42.25K | 33.00K | ||||||||||||||||||
| 18:25 | US | Redbook (YoY) | 8.10% | 9.60% | ||||||||||||||||||
| 19:30 | US | Pending Home Sales (MoM) (Apr) | 1.40% | 1.00% | 1.70% | |||||||||||||||||
| 19:30 | US | Pending Home Sales Index (Apr) | 74.8 | 73.8 | ||||||||||||||||||
| Wednesday, 20 May 2026 | ||||||||||||||||||||||
| 02:00 | US | API Weekly Crude Oil Stock | -9.100M | -3.400M | -2.188M | |||||||||||||||||
| 04:30 | JP | Reuters Tankan Index (May) | 8 | 7 | ||||||||||||||||||
| 06:30 | CN | PBoC Loan Prime Rate (May) | 3.50% | 3.50% | 3.50% | |||||||||||||||||
| 06:30 | CN | PBoC Loan Prime Rate | 3.00% | 3.00% | 3.00% | |||||||||||||||||
| 11:30 | UK | CPI (YoY) (Apr) | 2.80% | 3.00% | 3.30% | |||||||||||||||||
| 11:30 | UK | PPI Input (MoM) (Apr) | 2.40% | 1.20% | 4.30% | |||||||||||||||||
| 11:30 | UK | CPI (MoM) (Apr) | 0.70% | 0.90% | 0.70% | |||||||||||||||||
| 11:30 | UK | Core PPI Output (MoM) (Apr) | 0.70% | 0.20% | ||||||||||||||||||
| 11:30 | UK | Core PPI Output (YoY) (Apr) | 2.40% | 2.00% | ||||||||||||||||||
| 11:30 | UK | PPI Output (YoY) (Apr) | 4.00% | 2.80% | 3.00% | |||||||||||||||||
| 11:30 | UK | PPI Output (MoM) (Apr) | 1.40% | 1.00% | 1.40% | |||||||||||||||||
| 11:30 | UK | PPI Input (YoY) (Apr) | 7.70% | 5.90% | 5.30% | |||||||||||||||||
| 11:30 | UK | RPI (MoM) (Apr) | 0.70% | 1.40% | 0.80% | |||||||||||||||||
| 11:30 | UK | RPI (YoY) (Apr) | 3.00% | 3.60% | 4.10% | |||||||||||||||||
| 11:30 | UK | Core RPI (MoM) (Apr) | 0.80% | 0.80% | ||||||||||||||||||
| 11:30 | UK | CPI, n.s.a (Apr) | 142.1 | 141 | ||||||||||||||||||
| 11:30 | UK | Core CPI (MoM) (Apr) | 0.70% | 0.80% | 0.40% | |||||||||||||||||
| 11:30 | UK | Core RPI (YoY) (Apr) | 3.00% | 4.00% | ||||||||||||||||||
| 11:30 | UK | Core CPI (YoY) (Apr) | 2.50% | 2.60% | 3.10% | |||||||||||||||||
| 12:30 | EU | European Central Bank Non-monetary Policy Meeting | ||||||||||||||||||||
| 14:00 | UK | House Price Index (YoY) | 0.00% | -0.10% | 1.70% | |||||||||||||||||
| 14:30 | EU | CPI (YoY) (Apr) | 3.00% | 3.00% | 2.60% | |||||||||||||||||
| 14:30 | EU | Core CPI (YoY) (Apr) | 2.20% | 2.20% | 2.30% | |||||||||||||||||
| 14:30 | EU | CPI (MoM) (Apr) | 1.00% | 1.00% | 1.30% | |||||||||||||||||
| 14:30 | EU | Core CPI (MoM) (Apr) | 0.90% | 0.90% | 0.80% | |||||||||||||||||
| 14:30 | EU | HICP ex Energy & Food (YoY) (Apr) | 2.10% | 2.10% | 2.20% | |||||||||||||||||
| 14:30 | EU | HICP ex Energy and Food (MoM) (Apr) | 0.80% | 0.80% | 0.70% | |||||||||||||||||
| 14:30 | EU | CPI ex Tobacco (MoM) (Apr) | 1.00% | 1.30% | ||||||||||||||||||
| 14:30 | EU | CPI ex Tobacco (YoY) (Apr) | 3.00% | 2.50% | ||||||||||||||||||
| 14:30 | EU | CPI, n.s.a (Apr) | 103.04 | 103.05 | 101.99 | |||||||||||||||||
| 16:30 | US | MBA 30-Year Mortgage Rate | 6.56% | 6.46% | ||||||||||||||||||
| 16:30 | US | MBA Mortgage Applications (WoW) | -2.30% | 1.70% | ||||||||||||||||||
| 16:30 | US | MBA Purchase Index | 170.4 | 177.7 | ||||||||||||||||||
| 16:30 | US | Mortgage Market Index | 283.5 | 290.1 | ||||||||||||||||||
| 16:30 | US | Mortgage Refinance Index | 920.2 | 921.1 | ||||||||||||||||||
| 17:00 | IN | Infrastructure Output (YoY) (Apr) | 1.70% | 1.20% | ||||||||||||||||||
| 18:45 | UK | BoE Gov Bailey Speaks | ||||||||||||||||||||
| 18:45 | UK | BoE MPC Member Mann | ||||||||||||||||||||
| 18:45 | US | Fed Vice Chair for Supervision Barr Speaks | ||||||||||||||||||||
| 18:45 | UK | BoE MPC Member Dhingra Speaks | ||||||||||||||||||||
| 20:00 | US | Crude Oil Inventories | -7.863M | -2.500M | -4.306M | |||||||||||||||||
| 20:00 | US | Cushing Crude Oil Inventories | -1.604M | -1.702M | ||||||||||||||||||
| 20:00 | US | Heating Oil Stockpiles | 0.021M | 0.153M | ||||||||||||||||||
| 20:00 | US | Gasoline Inventories | -1.548M | -2.100M | -4.084M | |||||||||||||||||
| 20:00 | US | Crude Oil Imports | 0.003M | -0.318M | ||||||||||||||||||
| 20:00 | US | EIA Refinery Crude Runs (WoW) | -0.080M | 0.370M | ||||||||||||||||||
| 20:00 | US | EIA Weekly Refinery Utilization Rates (WoW) | -0.10% | 1.60% | ||||||||||||||||||
| 20:00 | US | Gasoline Production | -0.446M | 0.222M | ||||||||||||||||||
| 20:00 | US | Distillate Fuel Production | 0.214M | -0.124M | ||||||||||||||||||
| 20:00 | US | EIA Weekly Distillates Stocks | 0.372M | -1.100M | 0.190M | |||||||||||||||||
| 21:30 | RU | PPI (MoM) (Apr) | 6.10% | 2.00% | ||||||||||||||||||
| 21:30 | RU | PPI (YoY) (Apr) | 5.50% | -1.80% | ||||||||||||||||||
| 22:30 | US | 20-Year Bond Auction | 5.12% | 4.88% | ||||||||||||||||||
| 23:30 | US | FOMC Meeting Minutes | ||||||||||||||||||||
| Thursday, 21 May 2026 | ||||||||||||||||||||||
| 05:20 | JP | Trade Balance (Apr) | 301.9B | -29.7B | 643.0B | |||||||||||||||||
| 05:20 | JP | Exports (YoY) (Apr) | 14.80% | 9.30% | 11.50% | |||||||||||||||||
| 05:20 | JP | Adjusted Trade Balance | 0.24T | -0.23T | 0.09T | |||||||||||||||||
| 05:20 | JP | Core Machinery Orders (YoY) (Mar) | 5.90% | 4.50% | 24.70% | |||||||||||||||||
| 05:20 | JP | Imports (YoY) (Apr) | 9.70% | 8.30% | 10.90% | |||||||||||||||||
| 05:20 | JP | Core Machinery Orders (MoM) (Mar) | -9.40% | -7.70% | 13.60% | |||||||||||||||||
| 05:20 | JP | Foreign Bonds Buying | 758.7B | 1,644.3B | ||||||||||||||||||
| 05:20 | JP | Foreign Investments in Japanese Stocks | 949.6B | 1,393.5B | ||||||||||||||||||
| 06:00 | JP | au Jibun Bank Services PMI (May) | 50 | 51 | ||||||||||||||||||
| 06:00 | JP | Manufacturing & Services PMI (May) | 51.1 | 52.2 | ||||||||||||||||||
| 06:00 | JP | au Jibun Bank Manufacturing PMI (May) | 54.5 | 54.5 | 55.1 | |||||||||||||||||
| 10:30 | IN | S&P Global Services PMI (May) | 58.9 | 58.8 | ||||||||||||||||||
| 10:30 | IN | S&P Global Manufacturing PMI (May) | 54.3 | 54.7 | ||||||||||||||||||
| 10:30 | IN | Manufacturing & Services PMI (May) | 58.1 | 58.2 | ||||||||||||||||||
| 13:30 | EU | HCOB Eurozone Manufacturing PMI (May) | 51.4 | 51.7 | 52.2 | |||||||||||||||||
| 13:30 | EU | HCOB Eurozone Services PMI (May) | 46.4 | 47.8 | 47.6 | |||||||||||||||||
| 13:30 | EU | HCOB Eurozone Composite PMI (May) | 47.5 | 48.8 | 48.8 | |||||||||||||||||
| 13:30 | EU | Current Account (Mar) | 14.9B | 26.3B | 25.6B | |||||||||||||||||
| 13:30 | EU | Current Account n.s.a. (Mar) | 24.1B | 21.1B | ||||||||||||||||||
| 14:00 | UK | S&P Global Services PMI (May) | 47.9 | 51.7 | 52.7 | |||||||||||||||||
| 14:00 | UK | S&P Global Composite PMI (May) | 48.5 | 51.6 | 52.6 | |||||||||||||||||
| 14:00 | UK | S&P Global Manufacturing PMI (May) | 53.7 | 52.9 | 53.7 | |||||||||||||||||
| 14:30 | EU | EU Economic Forecasts | ||||||||||||||||||||
| 14:30 | EU | Construction Output (MoM) (Mar) | 0.78% | -0.77% | ||||||||||||||||||
| 14:30 | EU | Labor Cost Index (YoY) (Q1) | 3.30% | 3.30% | ||||||||||||||||||
| 14:30 | UK | 10-Year Treasury Gilt Auction | 5.03% | 4.91% | ||||||||||||||||||
| 15:30 | UK | CBI Industrial Trends Orders (May) | -41 | -40 | -38 | |||||||||||||||||
| 18:00 | US | Philadelphia Fed Manufacturing Index (May) | -0.4 | 17.6 | 26.7 | |||||||||||||||||
| 18:00 | US | Initial Jobless Claims | 209K | 210K | 212K | |||||||||||||||||
| 18:00 | US | Philly Fed Employment (May) | -2.8 | -5.1 | ||||||||||||||||||
| 18:00 | US | Building Permits (Apr) | 1.442M | 1.380M | 1.363M | |||||||||||||||||
| 18:00 | US | Housing Starts (Apr) | 1.465M | 1.420M | 1.507M | |||||||||||||||||
| 18:00 | US | Housing Starts (MoM) (Apr) | -2.80% | 12.00% | ||||||||||||||||||
| 18:00 | US | Continuing Jobless Claims | 1,782K | 1,790K | 1,776K | |||||||||||||||||
| 18:00 | US | Philly Fed Business Conditions (May) | 53.2 | 40.8 | ||||||||||||||||||
| 18:00 | US | Philly Fed New Orders (May) | -1.7 | 33 | ||||||||||||||||||
| 18:00 | US | Philly Fed Prices Paid (May) | 47.9 | 59.3 | ||||||||||||||||||
| 18:00 | US | Philly Fed CAPEX Index (May) | 30.9 | 35.2 | ||||||||||||||||||
| 18:00 | US | Building Permits (MoM) (Apr) | 5.80% | -11.50% | ||||||||||||||||||
| 18:00 | US | Jobless Claims 4-Week Avg. | 202.50K | 204.00K | ||||||||||||||||||
| 18:30 | RU | Central Bank reserves (USD) | 768.9B | 771.0B | ||||||||||||||||||
| 19:15 | US | S&P Global Manufacturing PMI (May) | 55.3 | 53.8 | 54.5 | |||||||||||||||||
| 19:15 | US | S&P Global Services PMI (May) | 50.9 | 51.1 | 51 | |||||||||||||||||
| 19:15 | US | S&P Global Composite PMI (May) | 51.7 | 51.7 | ||||||||||||||||||
| 19:30 | US | Atlanta Fed GDPNow (Q2) | 4.30% | 4.00% | 4.00% | |||||||||||||||||
| 19:30 | EU | Consumer Confidence (May) | -19 | -21 | -20.6 | |||||||||||||||||
| 20:00 | US | Natural Gas Storage | 101B | 96B | 85B | |||||||||||||||||
| 20:30 | UK | BoE Gov Bailey Speaks | ||||||||||||||||||||
| 20:30 | US | KC Fed Manufacturing Index (May) | 9 | 10 | ||||||||||||||||||
| 20:30 | US | KC Fed Composite Index (May) | 8 | 10 | ||||||||||||||||||
| 21:00 | EU | ECB's Elderson Speaks | ||||||||||||||||||||
| 21:00 | US | 4-Week Bill Auction | 3.61% | 3.61% | ||||||||||||||||||
| 21:00 | US | 8-Week Bill Auction | 3.60% | 3.61% | ||||||||||||||||||
| 21:50 | US | FOMC Member Barkin Speaks | ||||||||||||||||||||
| 22:30 | US | 10-Year TIPS Auction | 2.17% | 1.90% | ||||||||||||||||||
| Friday, 22 May 2026 | ||||||||||||||||||||||
| 02:00 | US | Fed's Balance Sheet | 6,714B | 6,729B | ||||||||||||||||||
| 02:00 | US | Reserve Balances with Federal Reserve Banks | 3.106T | 3.117T | ||||||||||||||||||
| 04:31 | UK | GfK Consumer Confidence (May) | -23 | -28 | -25 | |||||||||||||||||
| 05:00 | JP | National Core CPI (YoY) (Apr) | 1.40% | 1.70% | 1.80% | |||||||||||||||||
| 05:00 | JP | National CPI (MoM) (Apr) | 0.10% | 0.40% | ||||||||||||||||||
| 05:00 | JP | CPI, n.s.a (MoM) (Apr) | 0.30% | 0.40% | ||||||||||||||||||
| 05:00 | JP | National CPI (YoY) (Apr) | 1.40% | 1.50% | ||||||||||||||||||
| 10:48 | EU | ECB's Lane Speaks | ||||||||||||||||||||
| 06:45 | ||||||||||||||||||||||
| 42m | UK | Retail Sales (YoY) (Apr) | 1.30% | 1.70% | ||||||||||||||||||
| 42m | UK | Core Retail Sales (YoY) (Apr) | 1.50% | 1.70% | ||||||||||||||||||
| 42m | UK | Core Retail Sales (MoM) (Apr) | -0.30% | 0.20% | ||||||||||||||||||
| 42m | UK | Retail Sales (MoM) (Apr) | -0.60% | 0.70% | ||||||||||||||||||
| 42m | UK | Public Sector Net Cash Requirement (Apr) | 28.519B | |||||||||||||||||||
| 42m | UK | Public Sector Net Borrowing (Apr) | 20.70B | 12.60B | ||||||||||||||||||
| 14:00 | EU | ECB President Lagarde Speaks | ||||||||||||||||||||
| 15:30 | EU | Eurogroup Meetings | ||||||||||||||||||||
| 15:30 | EU | ECOFIN Meetings | ||||||||||||||||||||
| 16:30 | CN | FDI (Apr) | -7.30% | |||||||||||||||||||
| 17:00 | IN | FX Reserves, USD | 696.99B | |||||||||||||||||||
| 17:00 | IN | Bank Loan Growth | 16.00% | |||||||||||||||||||
| 17:00 | IN | Deposit Growth | 12.30% | |||||||||||||||||||
| 19:00 | IN | M3 Money Supply | 12.00% | |||||||||||||||||||
| 19:30 | US | US Leading Index (MoM) (Apr) | -0.10% | -0.60% | ||||||||||||||||||
| 19:30 | US | Michigan 1-Year Inflation Expectations (May) | 4.50% | 4.70% | ||||||||||||||||||
| 19:30 | US | Michigan Consumer Expectations (May) | 48.5 | 48.1 | ||||||||||||||||||
| 19:30 | US | Michigan Consumer Sentiment (May) | 48.2 | 49.8 | ||||||||||||||||||
| 19:30 | US | Michigan 5-Year Inflation Expectations (May) | 3.40% | 3.50% | ||||||||||||||||||
| 19:30 | US | Fed Waller Speaks | ||||||||||||||||||||
| 19:30 | US | Michigan Current Conditions (May) | 47.8 | 52.5 | ||||||||||||||||||
| 22:30 | US | U.S. Baker Hughes Oil Rig Count | 415 | |||||||||||||||||||
| 22:30 | US | U.S. Baker Hughes Total Rig Count | 551 | |||||||||||||||||||
