Upbeat retail sales of US stimulates economy
Jun 10, 2015 11:29 am UTC| Insights & Views
The Census Bureau will report on retail activity tomorrow and we expect this to be the strongest report in recent times. Hence, it is expected that much of the recent weakness to reverse in May.Impact on Fed: Better retail...
Sluggish UK manufacturing output; long binary calls & EOD put spreads
Jun 10, 2015 10:59 am UTC| Insights & Views
Mark Carney speaks today who will provide a summary of the monetary policy outlook.On the data front, manufacturing output MoM at -0.4% has disappointed the streets forecast at 0.1% that has not helped by export demand...
Greek drama is scheduled at Brussels today
Jun 10, 2015 10:38 am UTC| Insights & Views
Greek drama is scheduled at Brussels today as Greek Prime Minister Alexis Tsipras headed there to meet German counterpart Angela Merkel and French President Hollande in another attempt to resolve the countrys debt...
UK industrial production review
Jun 10, 2015 09:03 am UTC| Insights & Views
Office of National statistics released data on UKs manufacturing and industrial production for the month of April. Key highlights - Total production output increased by 1.2% in April 2015 compared with April 2014....
Short WTI oil binary straddles on crude inventory checks
Jun 10, 2015 08:35 am UTC| Insights & Views
The major event in US for the day is crude oil inventory amid other data events are such as 10y bond auction and budget statement.Inventories of crude oil in the US are decreased by 1.95 million barrels in the week ending...
Jun 10, 2015 08:22 am UTC| Insights & Views
German 10 year bund has finally hit the level and beyond, what many on the market was calling "the magic number" 1% yield. Euro got the necessary boost from rising yields, though long term yield usually doesnt move...
Short Hedging on German treasury bunds
Jun 10, 2015 07:59 am UTC| Insights & Views
Short EUR 6M 10y treasury receivers call, 50 bps Out-of-The-Money options on bonds or equivalently Sell receivers swaption on rates an option seller is naturally short volatility.But in a bear market when prices are...
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
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