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Sun, Dec 21, 2025 11:48 AM All times are UTC

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FX Hedging Strategy Series

FxWirePro: Bullion market edges higher to break 14-months highs - Hedge gold risks with via 3 way straddles versus puts

Apr 29, 2016 14:27 pm UTC| Commentary

Gold spot is attempting to break 14 months highs at 1284 today, as a weaker U.S. dollar and indecisiveness caused by the BoJs recent acts to leave its monetary policy unchanged supported the precious metal. On the Comex...

Currency snapshot (major pairs)

Apr 29, 2016 14:21 pm UTC| Commentary

Dollar index trading at 93.33 (-0.5%) Strength meter (today so far) Euro +0.64%, Franc +0.51%, Yen +0.77%, GBP +0.13% Strength meter (since last week) Euro +1.94%, Franc +1.61%, Yen +4.16%, GBP +1.66% EUR/USD...

Weakness in Norway's labour market less than expected despite weak economic growth

Apr 29, 2016 14:16 pm UTC| Commentary

Norges Banks Labour Agency survey released earlier today Norways registered unemployed data which showed the number of registered unemployed fell to 3.1% of the labor force in April, vs 3.3% in March. The number of new job...

FX Hedging Strategy Series

FxWirePro: Flirting with NDFs in Emerging Asian FX basket

Apr 29, 2016 14:07 pm UTC| Commentary

Long CNH-TWD 3m NDF: CNY-TWD is down by 1.3% including positive carry. The trade has not done well on TWDs gradual one-way appreciation. It should move higher in reasonable scenarios of Yuan depreciation. The...

Russia's manufacturing PMI falls to an eight-month low in April

Apr 29, 2016 13:56 pm UTC| Commentary

The seasonally adjusted Markit Russia Purchasing Managers Index fell to 48.0 in April from 48.3 in March. The index latest score was an eight-month low and likely reinforcing the predictions made by the IMF for a...

PBoC shows appreciation towards BoJ's decision, USD-CNY fixing lowest since July 2005

Apr 29, 2016 13:31 pm UTC| Commentary

In what can be perceived as a friendly gesture towards the BoJs decision of leaving monetary policy unchanged, Chinas PBoC lowered its USD-CNY fixing rate by 365pips today. It was the biggest daily decline since July 2005...

FX Hedging Strategy Series

FxWirePro: KRW at 6-month highs, best performer among EM – Trade with 2W diagonal CCS

Apr 29, 2016 13:13 pm UTC| Commentary

Korean currency has won the trading against US dollar in last 2 months, KRW gained almost 9.23% to evidence 6 months lows in USDKRW. Since the end of February, the KRW rallied the most in Asia and significantly...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...