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FX Hedging Strategy Series

FxWirePro: Deploy “CCS” strategy to arrest AUD/USD slumps and reduce trading cost – OTC offers writing opportunity to load up shorts

May 12, 2016 07:58 am UTC| Commentary

Aussie Macro View: After the RBAs reassessment of the inflation outlook in the Statement of Monetary Policy, indicators of pricing pressure will gain more importance. The next key release is the wage price index next...

Indian bonds marginally up ahead of April retail inflation print

May 12, 2016 07:41 am UTC| Commentary

The Indian government bonds were trading modestly firmer on Thursday as investors await the retail inflation data for April, which will provide cues on the possibility of further monetary easing by the Reserve Bank of...

Poland’s wage growth deceleration strengthens view of renewed rate cutting cycle later in 2016

May 12, 2016 07:29 am UTC| Commentary

Polands wage growth in the first quarter of 2016 slowed to 3.1% y/y from 3.2% y/y in the fourth quarter of 2015. This is consistent with the CPI inflation rate of -1.1% y/y and continues to give a dovish view on the...

Brazil’s Senate to back Dilma’s impeachment

May 12, 2016 07:12 am UTC| Commentary

While official numbers will take some time to come out, since 70 of Brazils 81 senators are scheduled to speak before an electronic voting. Consensus showed so far 41 of the members have backed the impeachment, while 16...

Norway’s total public spending growth likely to accelerate 3.2% in 2016

May 12, 2016 06:52 am UTC| Commentary

Norway published its 2016 revised budget yesterday. The revised budget suggests additional fiscal policy expansion. The Norwegian government has increased the non-oil structural budget deficit by 1.1 percentage points of...

S. Korean bonds flat ahead of BoK’s policy decision

May 12, 2016 06:42 am UTC| Commentary

The South Korean bonds closed flat Thursday as investors await up-coming monetary policy decision due on Friday. The 10-year bonds yield, which is inversely propositional to bond price stood unchanged at 1.764 pct and...

FxWirePro: Copper bears show signs of exhaustion

May 12, 2016 06:34 am UTC| Commentary

Look closely at the highlighted area in the above chart, and you will find yesterdays candle, which is a Doji, with apparently very long upper wick, which resembles closely to an inverted dragonfly or gravestone. Such a...

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Economy

Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks

Gold prices moved higher on Thursday, recovering from their lowest level since early August as renewed tensions around the Strait of Hormuz increased concerns over energy supplies and inflation. Expectations that the...

Oil Prices Rise as Gulf Hurricane and Middle East Supply Risks Mount

Oil prices climbed on Thursday as traders assessed potential supply disruptions from a strengthening storm along the U.S. Gulf Coast and persistent geopolitical tensions in the Middle East. Brent crude futures for December...

US-Led Coalition Targets Global Factory Overcapacity

Trade ministers from 12 G20 nations, the European Union and Poland have backed a US-led initiative aimed at tackling structural excess factory capacity and trade-distorting policies that contribute to global...

Mike Rogers Calls for End to US-Canada Tariff War

Michigan Republican Senate candidate Mike Rogers is calling for an immediate end to the US-Canada tariff dispute, distancing himself from President Donald Trump on another major policy issue ahead of next months election....

Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound

Bangladeshs economy recorded a sharp acceleration in growth during the April-June quarter, supported by a strong recovery in industrial activity and steady expansion in the services sector, even as agriculture lost...

Politics

US Pressures Allies to Distance From Anti-Disinformation Conference

The US State Department urged Canada and European allies to distance themselves from an anti-disinformation conference after organizers included a panel examining whether the United States poses an information manipulation...

Hegseth Praises USS Abraham Lincoln Crew After Record Iran War Deployment

US Defense Secretary Pete Hegseth praised sailors aboard the USS Abraham Lincoln on Wednesday as the aircraft carrier completed an extended wartime deployment marked by intense combat operations and concerns over crew...

Tsai Warns of China’s Sustained Pressure on Taiwan

Former Taiwan President Tsai Ing-wen warned a U.S. audience on Wednesday that China is maintaining sustained pressure on Taiwan through military, cyber and economic activities designed to reshape the islands security...

Trump Backs Florida Golf Course as Presidential Retreat

US President Donald Trump on Wednesday endorsed a proposal to transform part of his West Palm Beach, Florida, golf course into a secure presidential retreat similar to Camp David. Its a great idea, and it will be used a...

Saudi Airport Attacks Kill Three as Yemen Fighting Escalates

Three people were killed and dozens wounded in attacks on airports in Saudi Arabia as escalating fighting between Yemens Iran-aligned Houthis and Saudi-backed government forces threatens regional aviation and key shipping...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Tencent Shares Fall as $5 Billion AI Bond Sale Weighed

Tencent Holdings (HK:0700) shares declined on Thursday following reports that the Chinese technology giant is exploring a potential offshore bond offering worth up to $5 billion to support its growing artificial...

Elon Musk Accuses Indian Telecom Giants of Blocking Starlink Launch

Elon Musk has accused powerful telecommunications companies in India of obstructing SpaceXs Starlink satellite internet launch, raising concerns about competition and regulatory barriers in one of the worlds largest...

Solidigm Taps Goldman, Morgan Stanley for $10 Billion US IPO

SK hynixs U.S. flash-memory subsidiary Solidigm has reportedly selected Goldman Sachs and Morgan Stanley as lead underwriters for a planned initial public offering that could raise around $10 billion. Bloomberg News...

Samsung Q3 Profit Hits Record High on AI Memory Demand

Samsung Electronics forecast its strongest-ever third-quarter operating profit as booming artificial intelligence demand continued to fuel sales of advanced memory chips, although earnings landed slightly below the higher...

Broadcom, Oracle and SpaceX Seek Billions in Private Debt for AI Expansion

Major artificial intelligence companies are increasingly turning to private debt markets to finance tens of billions of dollars in AI chips and data center infrastructure, as traditional funding sources struggle to keep...
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