FxWirePro: Reversed OTC sentiments in EUR/GBP, 1-3m vol combination to favor both writers and holders in Collar Spreads for hedging

Apr 19, 2017 12:54 pm UTC| Research & Analysis Insights & Views

Please be noted that the shrink in EURGBP implied volatility of ATM contracts 1m tenor and spike in 3m tenors. While the risk reversals, for now, have taken adverse directions that were bidding for upside risks from...

FxWirePro: Let’s shed some light on drivers and measures of ETF implicit transaction costs

Apr 19, 2017 12:30 pm UTC| Insights & Views Commentary

Implicit transaction costs (ITCs) are not directly visible but may be a material drag on investors return. This note aims to measure and identify ITC drivers, which can have implications for trading strategies. For agency...

FxWirePro: EUR/GBP breaks double top neckline, bears intensified in major trend, leading oscillators indicate momentum – Use mid-month forwards to hedge

Apr 19, 2017 12:14 pm UTC| Technicals Insights & Views

EURGBP forms double top with peak 1 at 0.8852, peak 2 at 0.8787 and with the neckline at 0.8417 levels. Consequently, upon this bearish pattern, the bears have managed to break below this neckline level, which is a...

FxWirePro: UK economy backed by macro factors but domestic consumption still fragile, Are GBP OTC signals justifiable?

Apr 19, 2017 11:51 am UTC| Insights & Views Central Banks

The UK has been entering a phase of relative growth underperformance. A stronger global backdrop is benefiting the UK, prompting us to revise up 2017 GDP growth this week. But the fundamentals driving domestic demand...

Bank Negara Malaysia to look through inflation surge, likely to hold key policy rate at 3 percent

Apr 19, 2017 11:49 am UTC| Insights & Views Economy Central Banks

Malaysias consumer price inflation hit an eight-year high in March, data released by the Malaysian statistics department showed on Wednesday. Malaysias headline inflation accelerated to 5.1 percent in March, from 4.5...

FxWirePro: Obtain striking risk/reward proposition in dislocated SPGB 10-30 - Put on 10s30s SPGB flatteners

Apr 19, 2017 11:39 am UTC| Insights & Views

30y BTPs and Bonos have been weak lately. Typically, as peripheral spreads widen, the 10s30s in peripherals flattens. This is because selling pressures are often initially concentrated in the 10y, which is more liquid (IKA...

FxWirePro: Obtain striking risk/reward proposition in dislocated SPGB 10-30 - Put on 10s30s SPGB flatteners

Apr 19, 2017 11:37 am UTC| Insights & Views

30y BTPs and Bonos have been weak lately. Typically, as peripheral spreads widen, the 10s30s in peripherals flattens. This is because selling pressures are often initially concentrated in the 10y, which is more liquid (IKA...