FxWirePro: Deploy 3m forwards on lucrative RUB correction structure
Jun 19, 2017 11:35 am UTC| Research & Analysis Insights & Views
Beware of RUB correction: Are you concerned that RUB positioning is too heavy, stagnant price action is a warning sign, fundamentals could turn, and a significant correction could happen? We are. In the recent past, weve...
Jun 19, 2017 10:09 am UTC| Research & Analysis Insights & Views
Option Trade Strategy: Buy 3m USDRUB call strike 59, Sell call strike 62 knock-in 65 Indicative offer: 1.23% (vs 1.06% for the vanilla call spread, spot ref: 56.50) The position entails buying a USDRUB 3m call strike 59...
FxWirePro: A glimpse through EMFX trading atmosphere and trading perspectives
Jun 19, 2017 08:47 am UTC| Research & Analysis Insights & Views
Increased buy-in to the carry thesis. The vast majority of US investors is bullish emerging market assets; with most participating in EM carry plays. Of note, previous holdouts who were uber-bearish EM and who have...
Jun 19, 2017 08:35 am UTC| Research & Analysis Insights & Views
Bearish scenarios: AUDUSD below 0.72 if: 1) The unemployment rate breaks above 6%, forcing the RBA to respond more aggressively to weak inflation; 2) The Fed responds to animal spirits and bullish survey data by...
Jun 19, 2017 07:17 am UTC| Central Banks Insights & Views
The US dollar and bond yields pulled back after some weak US data. Equities remained elevated, though, the DJIA making a fresh record closing high. We see positive momentum remains intact, 0.7640 the immediate target...
The World Bank reinvents itself – and puts poverty reduction at risk
Jun 17, 2017 16:37 pm UTC| Insights & Views Economy
The World Banks relationship with US president Donald Trump has raised concerns about its political neutrality in recent weeks, but a larger and potentially much more important shift in how the Bank operates is underway....
It's all too easy to switch off from bad news – and it's dangerous too
Jun 17, 2017 16:32 pm UTC| Insights & Views
The full horror of the Grenfell Tower fire in west London is still to emerge. Like millions of others, I watched live as TV breakfast reports showed the blaze in its intensity and eyewitnesses told of their devastating...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects