Money flows out of bond funds as Greek concern persists
Jun 26, 2015 14:42 pm UTC| Insights & Views
Retail crowd remains concern over Greek spillover and takes money out of bond funds for third consecutive week. The chart shows weekly flow of funds. Chart courtesy EPFR Global and Financial Times. European high grade...
What will IMF do if Greece fails to pay?
Jun 26, 2015 13:39 pm UTC| Insights & Views
Greece is due to payback International Monetary Fund (IMF) 1.5 billion worth of bailed out money by end of this month. Greece has already decided to bundle all the payments due this month to pay at the end, which is...
Put call parity of GBP/USD straddles
Jun 26, 2015 13:10 pm UTC| Insights & Views
The portfolio contains an ATM call and ATM put of the same maturity of same underlying currency then they must have the same present value.Else, arbitrager can add longs on the undervalued portfolio and short on overvalued...
Italian economy restarts, FTSE MIB remains cheap to buy
Jun 26, 2015 13:08 pm UTC| Insights & Views
After long struggle, European Central Banks (ECB) asset purchase program of 60 billion per month along with crucial reform pursued by Italian government seem to have restarted the Italian economy. After Markit economics...
USD/CAD binary calls luring returns; prefer ITM calls over ATM calls for hedging
Jun 26, 2015 12:27 pm UTC| Insights & Views
USD/CAD has been bouncing to evidence strength, it has breached 1.2350 levels and most likely to prop up 1.2395 levels.Currently the pair is trading at around 1.2355 levels, the pair is all boosted to hit 1.2400...
No ELA calls in spite of crucial weekend
Jun 26, 2015 12:08 pm UTC| Insights & Views
According to European Central Bank (ECB) officials as of now, there has been no calls for Emergency Liquidity Assistance (ELA) from Bank of Greece. Today stands as third consecutive days, when there has been no call for...
FxWirePro: Capitalize EUR/JPY’s slumps through diagonal bear spreads
Jun 26, 2015 11:38 am UTC| Insights & Views
As ongoing Greeces debt defaults mounting Grexit pressures, the below strategy on hedging grounds is most suitable at prevailing Euro zone conditions, the pair is likely to sense little bearish downside risks as long...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight