
FxWirePro: USD/ZAR Options KOs to tackle elevated skew-to-vol ratio
Apr 25, 2017 13:06 pm UTC| Research & Analysis Insights & Views
The implied volatility of the South African rand is the highest among EMFX space, though not unjustifiably expensive versus realized volatility, which makes any vanilla USDZAR put option expensive. Skew is also...

FxWirePro: How do you keep KRW risk reversals on check? Butterfly spreads in play
Apr 25, 2017 12:39 pm UTC| Research & Analysis Insights & Views
The explosion in KRW risk-reversals in response to geopolitical developments around North Korea has garnered a lot of attention. The 1.5 pt. the spike in 1Y 25D riskies is understandable when risks around a baseline...

Apr 25, 2017 11:41 am UTC| Research & Analysis Insights & Views
GBP vols bounced this week after PM May called a snap general election. 1M ATMs are up 0.5 pts. on the week, while 2M expiries that cover the June 8th election date are 0.7 pts. higher to account for the increased event...

FxWirePro: Two significant questions to strike a chord for long-tenured sterling vols
Apr 25, 2017 10:19 am UTC| Research & Analysis Insights & Views
Prime Minister May surprised the market by calling for a snap general election on 8 June. The possibility of a hard Brexit has already been discounted by the market, but the larger parliamentary majority currently...

Apr 25, 2017 07:35 am UTC| Research & Analysis Insights & Views
Revising down USDJPY forecasts: Amid short-medium term spikes, the downside risk to USDJPY heightens due to policy constraints. New target at 103 by Q32017. Background of recent JPY development and outlook: USDJPY to be...
Genetic surveillance and why it's critical in the fight against antimalarial drug resistance
Apr 25, 2017 07:08 am UTC| Insights & Views Health
Efforts to tackle malaria infections over the past decades have yielded impressive results across the tropics, so much so that full elimination is now a public health priority for many malaria endemic...

Yes, giving money to very poor people will make their lives better — just ask Ecuador
Apr 25, 2017 07:05 am UTC| Insights & Views Economy
Is eradicating poverty, a goal the United Nations hopes to achieve by 2030, actually feasible? New research out of Ecuador says yes if governments are willing to pay for it. According to a United Nations University...