FxWirePro: Hedging via IRS derivatives -
May 24, 2016 11:57 am UTC| Insights & Views Commentary
An overvalued exchange rate in SGD and a central bank that is slow and reactive to the downside risks to its forecasts leaves us comfortable with an underweight SGD view. The combination of low implied volatility and...
BRL remains weak in historical terms leading to accumulation of trade surplus
May 24, 2016 11:54 am UTC| Commentary
The Brazilian real appears to have stabilized around 3.50 against the US dollar after the real appreciated from 4.15 in January end to 3.43 by late April. The political dust begins to calm down following the Senates...
Briferendum Series: Shock scenarios review
May 24, 2016 11:50 am UTC| Commentary
UK Treasury, which has been accused of playing by the hands of George Osborne, Chancellor of exchequer, has published a detailed report on risks and cost associated with British exit from the Union. If you got time to...
Canadian bonds flat ahead of Bank of Canada policy meeting
May 24, 2016 11:35 am UTC| Commentary
The Canadian bonds traded nearly flat on Tuesday, as investors await May monetary policy meeting. The yield on the benchmark 10-year Treasury note, which moves inversely to its price, stood flat at 1.349 percent and the...
SARB likely to further hike repo rate by 25bp in July
May 24, 2016 11:17 am UTC| Commentary
The South African central bank maintained the repo rate at 7% last week. Majority of economists polled by Reuters and Bloomberg had anticipated the central bank to keep rate on hold. The central bank stated clearly that...
U.S Treasuries steady on subdued trade
May 24, 2016 11:11 am UTC| Commentary
The U.S. Treasuries were little changed on Tuesday during a relatively quiet session that saw little data of much significance. Moreover, Markets now look ahead to new home sales data on, followed later by a 2-Year Note...

FxWirePro: More Hawks in Fed rates likely to weigh in volatile dollar, OTC FX substantiates
May 24, 2016 11:00 am UTC| Insights & Views Commentary
Potential reassessment of Fed rate hikes by the market: While market implied probability still indicates no Fed hike before 2017, we think there could be some nervousness and volatility ahead of the 14-15 June FOMC...