
FxWirePro: What drives buying cheaper downside Cable volatility and convexity?
Mar 10, 2017 12:39 pm UTC| Research & Analysis Insights & Views
Cable volatility has been extremely directional since 2012, with a strong and stable negative correlation. The Brexit vote in June 2016 initiated a new vol regime (unlike the FX/rates relationship which did not change...

FxWirePro: Red flags for cable and hedging vehicle for risk events
Mar 10, 2017 12:00 pm UTC| Research & Analysis Insights & Views
Cable outlook: Medium-term FX/rates correlation holds again; Fed will hike and MPC wont. Uncertainty is now about the impact of triggering Article 50, not whether or not it happens. 2m vol is undervalued by 2 vols...

ECB keeps policy unchanged, acknowledges improvement in eurozone's economic and inflation situation
Mar 10, 2017 11:59 am UTC| Insights & Views Central Banks Economy
The European Central Bank (ECB) kept interest rates unchanged, including its 2.3 trillion bond-buying program but presented a brighter view of the eurozone economy. ECB president Mario Draghi sounded more upbeat about the...

FxWirePro: Volatility relative to 10y tails assuming next Fed hike odds
Mar 10, 2017 11:48 am UTC| Central Banks Research & Analysis Insights & Views
Although the March meeting ended last week a roughly 1:4 shot for a hike, a range of FOMC members and the Chair herself pushed it to fully priced by this Thursday. With March fully priced, markets should turn to focus...
Mar 10, 2017 09:20 am UTC| Insights & Views
Macro outlook: China: February manufacturing PMI stronger than expected; revising up 1Q GDP forecast. A preview of the NPC meeting. Hong Kong: Trade activity slowed in January. Retail sales continue to...

Mar 10, 2017 07:43 am UTC| Research & Analysis Insights & Views
Lets also glance on sensitivity tool for 1-3m IV skews would signify the interests of OTM put strikes that would imply hedging sentiments are for downside risks in the underlying spot FX as Fed is most likely to hike...

Mar 10, 2017 07:06 am UTC| Central Banks Research & Analysis Insights & Views
AUDUSDs negative momentum remains strong, the 0.7500 area vulnerable to giving way. All eyes will be on the US payrolls data tonight, markets believing it would take a major disappointment to dent the likelihood of a Fed...