Aug 27, 2015 13:20 pm UTC| Insights & Views
In the nutshell showing delta risk reversals of major G20 currency crosses, one can make out that cables downside hedging for next 6-12 months has been quite expensive, and further dollar gaining against pounds would be...
Aug 27, 2015 13:18 pm UTC| Insights & Views
SP 500 future is pointing to positive open in New York and there could further rally in the index as risk aversion is subsiding globally along with volatility. Two of the major risk measure - SP 500 and Yen, both are...
Stronger US growth calms doubters of global growth
Aug 27, 2015 12:52 pm UTC| Insights & Views Economy
Pessimist and doubters of global growth will feel sigh of relief today as US economy turned out to be stronger than everyone is expecting. Preliminary reading shows that US economy grew 2.1% in the second quarter,...
Why analysts think Fed's September rate hike is unlikely
Aug 27, 2015 12:31 pm UTC| Insights & Views Central Banks
Recent turmoil in the financial market along with drop in inflation has seriously pushed back expectations of a rate hike from FED as early as September. Here is why some analysts and economists think that it is...
ECB policy stance amid renewed deflation risks
Aug 27, 2015 11:26 am UTC| Insights & Views Central Banks
Euro area inflation expectations are turning south again: the 5y euro HIPCx swap stands at 0.8%, and the 3y2yf euro HIPCx swap is just 1.0%, both far from the ECBs medium-term target. Even the longterm 5y5yf has dropped to...
FxWirePro: GBP/AUD credit call spreads taking care of minor corrections
Aug 27, 2015 11:24 am UTC| Insights & Views
Speculate with credit call spreads: See the daily charts, the price slid from market tops 2.2370, on speculation grounds, (1%) out of the money 0.48 delta call options were recommended, simultaneously shorts on (-1%) in...
Pound/Dollar’s false break to upside turns into key trend line break to downside
Aug 27, 2015 11:19 am UTC| Insights & Views
Global cross market volatility is coming down steadily as indices recovers from their sharp selloffs on Massacre Monday. However hawkish bests on pound over rate hike from Bank of England (BOE) has suffered major blow,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects