
FxWirePro: Striking value in owning carry than selling vol in EMFX
Apr 27, 2017 07:02 am UTC| Research & Analysis Insights & Views
The paucity of opportunities to play vol compression is a boon for carry-friendly option bets in anticipation of a risk rally next week in the absence of an election upset. EM currencies that are likely to be the target...
The multi-billion-dollar subsidy for private health insurance isn't worth it
Apr 27, 2017 06:40 am UTC| Insights & Views Economy
Almost 20 years after the 30% subsidy for private health insurance was introduced, premiums continue to rise every year. This comes at a cost to the federal budget which was forecast at A$6.5 billion in the 2016 federal...

Apr 27, 2017 06:32 am UTC| Technicals Insights & Views
After gap down candle occurred at 98.79 level, the bears have managed to extend the price dips upto the current 98.86 levels (while articulating), yesterdays rallies have exhausted exactly at 99.33 levels (refer daily...

Apr 26, 2017 12:51 pm UTC| Insights & Views
EUR correlations boast of a better track record as a systematic short than EUR vols, especially during financial market disruptions (refer above chart) which are once again attributable to their being long/short option...

FxWirePro: EUR/USD/CHF correlation triangle with zero cost to attain triple benefits
Apr 26, 2017 12:35 pm UTC| Research & Analysis Insights & Views
We favor expressing EURCHF-linked de-correlation ideas in a directional format to assume conditional exposure to EUR strength. If EURUSD rallies about 2% on a benign French election outcome on Monday, it is a fair bet that...

FxWirePro: Two counter-points to potentially bullish GBP vol thesis
Apr 26, 2017 11:03 am UTC| Research & Analysis Insights & Views
First, the direction of GBP de-leveraging (pound strength) is against the grain of risk-reversals i.e. in the direction of lower, not higher vol on the skew. There is a case to be made then that unlike short expiries that...
FxWirePro: What drives bullish Swedish Krona and what are the risk factors?
Apr 26, 2017 10:06 am UTC| Economy Insights & Views
The anemic performance of the currency contrasts with the vibrant Swedish economy which a raft of indicators would suggest is now expanding at or above a 4% growth rate. This disconnect between a vigorous economy and a...