German 10-year bund yields rise to highest since May; October CPI in focus

Oct 28, 2016 09:18 am UTC| Commentary

The German 10-year bund yields touched its highest levels since May on Friday as inventors moved away from safe-haven buying amid rising speculations about the Federal Reserve interest rate hike. We would expect the...

FX Hedging Strategy Series

FxWirePro: FED and RBNZ to stimulate NZD/USD bearish sentiments – Diagonal long put ladders to mitigate downside risks

Oct 28, 2016 09:15 am UTC| Central Banks Research & Analysis Commentary

New Zealand posted a NZD 1436 million trade deficit in September of 2016, compared to a NZD 1140 million shortfall a year earlier and beyond market projections of NZD 1125 million gap. Exports dropped by 5.7 pct, led by...

Australia new home sales rise for second consecutive month in October

Oct 28, 2016 09:03 am UTC| Commentary Economy

New home sales in Australia rose for the second straight month during the period of October, offering signs of stability in a market that has cooled this year. Australias new home sales rose 2.7 percent in October,...

FX Hedging Strategy Series

FxWirePro: Significance of NZD/USD premium-adjusted deltas to construct implied volatility smiles capitalizing 2m negatively skewed IVs

Oct 28, 2016 08:51 am UTC| Central Banks Commentary

Before we begin with this write-up, please be informed that 2m NZDUSD ATM puts are flashing deltas around -0.54. NZDUSD has been tumbling considerably offlate, dropped from the highs of 0.7485 to the current 0.7134...

U.S. initial jobless claims fall to near 4-decade low, strengthen case for Dec Fed rate hike

Oct 28, 2016 08:39 am UTC| Commentary Economy

Initial jobless claims in the United States fell to near 4-decade low during the week ended October 22, as employers remain unwilling to part with workers. Also, the data strengthened the case for a December interest rate...

Indian bonds remain weak following sell-off in U.S. Treasuries

Oct 28, 2016 08:37 am UTC| Commentary

The Indian government bonds slumped Friday as markets followed an overnight retreat by U.S. Treasuries. The yield on the benchmark 10-year bonds, which moves inversely to its price, rose more than 1-1/2 basis points to...

US Election Series

US Election Series: Clinton camp in panic

Oct 28, 2016 08:17 am UTC| Commentary Politics

In the recent past, campaign people at Hillary Clinton have been acting as if they have won. Liberal news media like CNN, MSNBC which have been accused of acting as an extension of the Clinton campaign have counted out...