FxWirePro: What’s all about going long in EUR/USD 2y calls and shorting downside risk?
Jun 15, 2017 13:03 pm UTC| Research & Analysis Insights & Views
The FX options market is very liquid up to the 2y expiry. This is an appropriate horizon to capture a scenario whereby EURUSD surges to 1.30. In addition, we want to go long vol via calls, as topside vega is going to...
FxWirePro: Euro area – A benevolent vols atmosphere brands as bullish call for chasing equity space
Jun 15, 2017 11:42 am UTC| Research & Analysis Insights & Views
The European equities are recording the best earnings data since 2010. The Eurozone benefits from better valuations, improving macro data, fading political risk, slowly normalizing inflation expectations and...
UK retail sales fall more than expected, suggest slowdown in household spending
Jun 15, 2017 11:40 am UTC| Insights & Views Central Banks Economy
According to data released by The Office for National Statistics, the annual rate of growth in UK retail sales slipped to 0.9 percent, the lowest since April 2013. After a stronger than anticipated April retail sales on...
Jun 15, 2017 09:57 am UTC| Research & Analysis Insights & Views
With extremely low volatility and expectations of a stable USDCNH, the market prefers the carry trade again. Taking one-year tenor as an example, the implied yields of CNH is above 4%. In other words, as long as USDCNH...
FxWirePro: Bullish, bearish scenarios, OTC indications and hedging vehicles of sterling
Jun 15, 2017 09:34 am UTC| Research & Analysis Insights & Views Central Banks
Bearish sterling scenarios: 1) The UK growth slows below 1% as consumers are squeezed by inflation and falling house prices. 2) Outright capital repatriation from slower moving long-term investors including central...
FxWirePro: Queries on CHF valuation ahead of SNB, Swiss central bank reliant on ECB
Jun 15, 2017 07:42 am UTC| Central Banks Insights & Views
Notwithstanding the SNBs repeated assertions that the franc is significantly overvalued, there is a little economic impact from said overvaluation. Even on the question of the francs valuation, one could derive different...
Jun 15, 2017 06:07 am UTC| Digital Currency Insights & Views
Before we begin with this write-up, lets just know as to how the price of Bitcoin (or any other cryptocurrencies) seems to have exceeded the price of gold briefly for the first time this week; however, this comparison is...
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