FxWirePro: WTI crude diagonal BPS to arrest vega risks
Sep 07, 2015 11:59 am UTC| Insights & Views
Rationale: Always remember the FX options delta and vega would have the huge impact on a long put position should the market bounce. Crude inventory levels: We believe todays extended losses evidenced only due to the...

Demand supply equation hurts intermediary WTI crude bull sentiments again
Sep 07, 2015 11:50 am UTC| Insights & Views
As per our forecasts, we all have seen last month that WTI crude oil futures (CL!1) extended its loses from last months highs at around 59 levels to 47.44 in first stage and again below 42.22 levels (our 2nd target) and...

Renminbi series – widening offshore/onshore spread and dwindling reserves
Sep 07, 2015 11:21 am UTC| Insights & Views
Chinas gigantic forex reserve, fell by $94 billion in August to 3.56 trillion (approx.), lowest level since 2013. On August 11th China depreciated onshore Yuan via fix (trading mid-point released by Peoples Bank of...
Lira takes hit as Turkey launches bombing raid against PKK targets
Sep 07, 2015 10:37 am UTC| Insights & Views
Turkish planes have launched fresh bombing raids on sites in the mountains of south east Turkey, following an attack on a military convoy which left as many as 15 Turkish soldiers dead and many more wounded. This attack...

UK household consumption likely to slowdown in 2016, rate hike unlikely until May 2016
Sep 07, 2015 10:28 am UTC| Insights & Views
The rising global risks have dented arguments for a more hawkish assessment from BoE. Rate markets have now pushed back BoE rate hike pricing. Until a month ago, sterling money markets were pricing in a hike around the...
Sep 07, 2015 10:09 am UTC| Insights & Views
CFTC commitment of traders report was released on Friday (4th September) and cover positions up to Tuesday (1st September). COT report is not a complete presenter of entire market positions, since future market is...
Guide to today’s important data and events
Sep 07, 2015 08:58 am UTC| Insights & Views
Not many economic dockets scheduled for today, with low risks associated. Data released so far - Australia - ANZ job advertisement grew 1% in August, after -0.5% drop in July. Japan - Preliminary reading showed...