FxWirePro: CLP underperformance upside down - Deploy USD/CLP NDFs to hedge
Jun 05, 2017 11:24 am UTC| Research & Analysis Insights & Views
Stay short in 3m USDCLP NDF: Sell USDCLP 3m NDF at 672.85 with the target at 640 (5.1%) and stop above the top end of the range at 684 (-1.65%). The trading horizon is 3 month and it offers a positive carry of...
FxWirePro: How do uncertain consequences from a less certain UK election matter for sterling?
Jun 05, 2017 10:00 am UTC| Insights & Views
The markets were taken by surprise in mid-April when Theresa May called a snap general election, but aside from an initial flurry of excitement, FX investors had shown little interest in what the opinion polls indicated...
FxWirePro: Cost-effective structure to capture a RUB correction – Use 3m forwards
Jun 05, 2017 07:38 am UTC| Research & Analysis Insights & Views
Beware a 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...

FxWirePro: Fetch advantageous skewness in USD/RUB via knock in
Jun 05, 2017 07:36 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...
Is there a link between foreign policy and terrorism? British intelligence thinks so
Jun 02, 2017 13:47 pm UTC| Insights & Views
What causes terrorism? The combination of the horrendous terrorist attack in Manchester and a British general election inevitably meant that this question would dominate political and media discourses. And so it has....

ECB likely to keep policy unchanged, statement could drop easing bias
Jun 02, 2017 12:04 pm UTC| Insights & Views Economy Central Banks
Market focus in the coming week will be on the conclusion of the European Central Banks (ECB) latest Governing Council meeting on Thursday, which also includes publication of the central banks updated economic forecasts....
Vital Signs: have we finally reached 'peak' house prices?
Jun 02, 2017 12:00 pm UTC| Insights & Views Economy Real Estate
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...