FxWirePro: Dual EMFX RVs to capitalize on petro sensitivity
Oct 03, 2017 13:28 pm UTC| Research & Analysis Insights & Views
The speed of the correction in EM FX has surprised us, but we remain cautiously pro-carry in our region, given supportive valuations. Among EM currencies, MXN vs. RUB is an interesting skew pair trade to...
Oct 03, 2017 12:52 pm UTC| Research & Analysis Central Banks Insights & Views
Sometimes you have to repeat something again and again for it to be understood. This is what the Reserve Bank of Australia (RBA) is experiencing at the moment. Since August, the RBA has taken an aggressive verbal stance...
FxWirePro: Chinese demand for industrial metals to sense lot more flux in Q4’2017
Oct 03, 2017 10:44 am UTC| Research & Analysis Insights & Views
Nearly two weeks ago, our Chinese economists revised their growth forecast for 3Q17 40bps lower to 6.2% QoQ after July activity data surprised significantly to the downside and August only improved modestly. While...
Oct 03, 2017 09:15 am UTC| Research & Analysis Insights & Views
A possible bottoming out in inflation and the Fed repricing of a December hike are outright bearish and gold should rebase lower. To this end, the median Fed participant continues to look for one more hike this year (in...
FxWirePro: Glimpse through G10 and EMFX implied scenarios
Oct 03, 2017 08:38 am UTC| Research & Analysis Insights & Views
The dollar is seeing its fourth successive week of trade-weighted gains, mirroring a four-week gain in Treasury yields amid hopes of a tax-cutting fiscal package and expectations of a December Fed rate hike. We combine our...
Oct 03, 2017 05:56 am UTC| Research & Analysis Central Banks Insights & Views
Following on from last weeks hawkish comments from Bank of England policymakers in the recent past, we now expect a UK rate hike of 0.25% to be announced after the next Monetary Policy Committee meeting on November 2nd....
FxWirePro: Hedge USD/TRY risks via debit put spreads as Turkey posts mixed bag of fundamentals
Oct 02, 2017 18:20 pm UTC| Research & Analysis Insights & Views
Weve seen the trade and tourism data for August on Friday: the trade data highlight continuing widening of the trade deficit despite healthy export growth -- both exports and imports have accelerated visibly during the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects