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Thu, Sep 21, 2017 07:01 AM All times are UTC Edition :

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FxWirePro: Fundamental driving force lures TRY longs against USD and ZAR

Sep 20, 2017 12:56 pm UTC| Research & Analysis Insights & Views

In this write up, were emphasizing on the potential currency from the EMFX space where the global conditions remain largely supportive of yield-seeking behaviour. While monetary conditions remain accommodative in much of...

FxWirePro: Hedge bullion price risks via 3-way straddles versus OTM calls capitalizing IV skews and bullish neutral RR

Sep 20, 2017 12:09 pm UTC| Research & Analysis Insights & Views

The implied volatility of 1m XAUUSD ATM contracts is a tad below 11%, (10.82% to be precise), while the skews in these IVs signify the hedging sentiment through OTC market has been well balanced for both bullish and...

FxWirePro: South Africa continues to drive platinum’s bullish and bearish price scenarios

Sep 20, 2017 11:57 am UTC| Research & Analysis Insights & Views

In platinum, mine production has so far proven relatively inelastic to lower prices. Combined with a weak outlook for demand growth given eroding European diesel share following the Volkswagen emission scandal in 2015,...

FxWirePro: A glimpse through bullion spot, futures and ETFs vs softer dollar ahead of Fed

Sep 20, 2017 11:41 am UTC| Central Banks Research & Analysis Insights & Views

At present the bullion market seeks the opportunity of the Fed not hiking interest rates as frequently as the bank itself supposes due to predominantly disappointing inflation data this year even though prints upbeat data...

FxWirePro: North Korea missile doses, FOMC, USTs biggest concerns for USD/JPY

Sep 20, 2017 10:34 am UTC| Central Banks Research & Analysis Insights & Views

In the last few months, North Korea has increasingly become bolder with its actions. It fired missiles 3 times in May and once in June, followed by 2 ICBM (Hwasong-14) launches in July (4th and 28th), of which both landed...

FxWirePro: What implications hawkish rhetoric of British and Canadian central banks have on FX OTC markets?

Sep 20, 2017 08:40 am UTC| Central Banks Research & Analysis Insights & Views

GBP spot and vols blown up to the advanced level late in the previous week following a hawkish turn from the BoE. We were mulling owning GBP gamma earlier given the potential breakout set-up in cable prior to Vlieghes...

FxWirePro: BoJ unlikely to change in monetary policy - Hedging vehicles for AUD/JPY risk averse, slackers in bullish and bearish scenarios

Sep 20, 2017 07:56 am UTC| Central Banks Research & Analysis Insights & Views

BoJ is scheduled for monetary policy meeting: The tomorrows BoJ policy meeting is deemed to be a non-event. The basic contours of growth and inflation have not changed since the last meeting in July, and the BoJ will not...

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Economy

New Zealand bonds gain at close on loss of investor appetite despite ruling National Party’s lead at latest polls

The New Zealand bonds gained at the time of closing Thursday as investors poured into safe-haven instruments, away from riskier equities and oil, despite the ruling National Party gaining traction in the latest NZ election...

Malaysia CPI inflation surprisingly rises in August, owing to higher oil prices

Malaysias consumer price-led inflation index (CPI) for the month of August surprised on the upside after four consecutive months of decline, headline CPI inflation picked up in August to register 3.7 percent y/y, from 3.2...

JGBs remain little changed after BoJ stands pat on monetary policy decision

The Japanese government bonds remained little changed Thursday after the Bank of Japan kept monetary policy steady on Thursday and maintained its upbeat view of the economy, signaling its conviction that a solid recovery...

Australian bonds plunge following weakness in U.S. treasuries; RBA Governor Lowe's speech in focus

The Australian bonds plunged Thursday, following weakness in the U.S. counterpart after the Federal Reserve announced its policy decision yesterday, announcing that it will begin its balance sheet normalization next month....

RBA likely to adopt tightening policy by 50 bps in 2018, says ANZ Research

The Reserve Bank of Australia (RBA) is expected to adopt a tightening monetary policy in 2018 is boosted by the hawkish shift in the RBAs language. This would reverse the rate cuts of 2016 and take the real cash back to...

Politics

Undocumented youth divided over how to fight back against Trump immigration clampdown

Young immigrants from across the US participated in the first act of civil disobedience by undocumented youth under the Trump administration on July 26 in Texas. After protesters sat in the street outside the state capitol...

India at 70: after the celebrations, single-party dominance menaces democracy

Seventy years ago, Jawaharlal Nehrus famous Tryst with Destiny speech not only marked Indias independence from British rule but also expressed the vision for a united, democratic, egalitarian and modern country. Not...

Can corporate America afford to walk away from President Trump?

After campaigning as the candidate best able to work with business, President Donald Trump has shown he is anything but. A stream of resignations from high-level business counsels hit a crescendo recently when Trump was...

Little prospect of regime change in Russia short of a popular uprising – and that's unlikely

Vladimir Putins power in Russia can often look unassailable. However much Western media might champion potential opponents, the president maintains a tight grip, and its easy to see why. Any successor to Putin who was not...

Warning signs of mass violence – in the US?

There are those who say that comparing President Donald Trumps rhetoric to that of Adolf Hitler is alarmist, unfair and counterproductive. And yet, there has been no dearth of such comparisons since the 2016...

Science

Scientists Create Robots The Size Of DNA Strands That Can Rearrange Molecules

Robots are great for a lot of things and can perform functions that humans would either have a hard time accomplishing or simply would not be able to do. Among the latter case is rearranging the molecules of a living...

China Signs Deal With Israel Over Lab-Grown Meat, Food For The Future

With the world facing the global crisis known as climate change, most countries are doing whatever they can to reduce carbon emissions. However, one of the biggest contributing factors to greenhouse gasses that is rarely...

Denmark Finally Sells Last Oil Company For $7.45 Billion

As a country committed to fighting climate change and reducing its carbon footprint, Denmark is finally selling off the last remaining oil company in the country. The oil firms were owned by A.P. Moller-Maersk A/S and the...

Trump’s Pick For NASA Head Is Not A Scientist And A Prominent Climate Change Denier

The Trump administration has proven to be incompetent in filling crucial roles with qualified people, evidenced by an anti-EPA EPA head and an anti-DOE head of DOE. Now, the president has nominated a non-scientist who is...

Scientists Can Now Bioengineer Lungs, Reducing Potential Deaths Due To Organ Shortage

At this point, its no secret that being placed on the organ transplant list is no guarantee of survival if patients are in need of a new heart, or liver, or lung. One of the ways that this problem can be solved is by...

Technology

Electric Bus Breaks World Record In Long Distance Driving In A Single Charge, 1,100 Miles

Range is the biggest problem that most people have when it comes to electric vehicles, but as one company that made an electric bus just proved, this is really not an issue. Packing some really big batteries, a bus by a...

Nintendo Finally Issues Take Down For Super Mario 64 Online

Well, it was only a matter of time and it seems Nintendo has finally noticed the Super Mario 64 Online mod. As expected, the video game giant has issued a takedown notice to the people behind the project, which it has done...

Hidden Switch NES Golf Is Apparently A Tribute To Late Video Game Legend Satoru Iwata

Recently, reports of the Nintendo Switch having a hidden NES Golf game in its codes started circulating. At the time, it was thought to be a fun little detail in a console thats simply rocking the industry with its...

Apple Intentionally Makes iPhones Vulnerable To Hacking With iOS 11

With the tech world constantly being besieged by hacking threats at every single moment of every day, users expect companies like Apple to make them safer, not more vulnerable. However, it would seem that the Cupertino...

HTC Suspends Trading Amid Google Acquisition Rumors

HTC just suspended trading of its stocks in the Taiwan Stock Exchange, which is reportedly due to the matter of Googles impending acquisition of the company. Neither company has yet to confirm if this is actually...

Digital Currency

WISeKey unveils blockchain-powered digital-ID platform 'CertifyID'

China Construction Bank (Asia) and IBM announce blockchain-based bancassurance solution

Environmental blockchain startup Veridium Labs appoints CNBC contributor Brian Kelly on advisory board

Law

Uber In Trouble With US Probe Over Alleged Bribery

Ecstasy Now FDA-Approved PTSD Treatment

DLT-based securities settlement without regulation could lead to monopolies – BoE paper

Life

Americans are confused about food and unsure where to turn for answers, survey shows

Digging for dirt in the digital age: the trouble with journalism and doxing

Think disability is a tragedy? We pity you

Nature

Is Hurricane Harvey a harbinger for Houston's future?

How modern technology is inspired by the natural world

There may be a huge flaw in UK fracking hopes – the geology

Sports

The big money Mayweather-McGregor fight pits boxing against UFC in a battle of the brands

The English Premier League is experiencing a textbook case of hyperinflation

Nicotine in sports: high use but little evidence of effects on performance

Technical Analysis

FxWirePro: Copper breaks below 50-DMA, 38.2% Fibo at 2.90 in sight, stay short

FxWirePro: NZD/JPY bull streaks halt but still above 7-weeks’ highs, major trend retraces beyond 50% Fibos – Tunnel spreads to speculate and long hedge

FxWirePro: Gold declines on hawkish Fed statement, good to sell on rallies

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Market Data

Market-moving news and views, 24 hours a day >

TURKEY SEP CONSUMER CONFIDENCE* DECREASE TO 68.70 VS PREV 71.1

CHINA FOREIGN MINISTER SAYS CHINA SUPPORTS AND SAFEGUARDS IRANIAN NUCLEAR DEAL-STATE MEDIA

CHINA FOREIGN MINISTER SAYS RECENT N.KOREA SITUATION SHOWS THE IMPORTANCE OF IRANIAN NUCLEAR DEAL -STATE MEDIA

PHILIPPINE STOCK INDEX HITS RECORD HIGH, UP 1.2 PCT AT 8316.67

SOUTH KOREAN WON UNOFFICIALLY CLOSES ONSHORE TRADE AT 1,132.7 PER DOLLAR VS 1,128.3 AT PREVIOUS CLOSE

SEOUL SHARES UNOFFICIALLY CLOSE DOWN 0.15 PCT

GERMANY'S 10-YEAR GOVERNMENT BOND YIELD HITS SEVEN-WEEK HIGH OF 0.47 PERCENT AFTER FED SIGNALS DECEMBER RATE HIKE IN U.S.

GERMAN BUND FUTURES OPEN 40 TICKS LOWER AT 160.92

VOTER SUPPORT FOR NEW ZEALAND FIRST PARTY AT 7.1 PCT, SUPPORT FOR GREEN PARTY AT 7.1 PCT - NEWSHUB-REID POLL

VOTER SUPPORT FOR NEW ZEALAND'S NATIONAL PARTY AT 45.8 PCT, SUPPORT FOR LABOUR PARTY AT 37.3 PCT- NEWSHUB-REID POLL

NEW ZEALAND'S GOVERNING NATIONAL PARTY RETAINS LEAD OVER OPPOSITION LABOUR PARTY IN NEWSHUB-REID POLL

EUROSTOXX 50 FUTURES UP 0.5 PCT, DAX FUTURES FDXc1 UP 0.4 PCT, CAC 40 FUTURES UP 0.4 PCT, FTSE FUTURES UP 0.2 PCT

UNITED STATES FED FUNDS TARGET RATE DECREASE TO 1.00-1.25 % (FCAST 1.125 %) VS PREV 1.125 %

TOKYO'S NIKKEI AVERAGE UNOFFICIALLY CLOSES UP 0.18 PCT AT 20,347.48

AUSTRALIA'S S&P/ASX 200 INDEX UNOFFICALLY CLOSES DOWN 0.83 PCT AT 5,661.90 POINTS

SWISS WATCH EXPORTS RISE 4.2 PCT IN AUG 2017 YEAR-ON-YEAR IN NOMINAL TERMS TO 1.416 BLN SFR

SWISS TRADE BALANCE 2,173 MLN SFR IN AUG 2017 VS REVISED 3,494 MLN SFR IN PREVIOUS MONTH

SWISS GOVERNMENT SEES 2018 INFLATION AT AT 0.2 PCT (JUNE FORECAST WAS 0.2PCT)

SWISS GOVERNMENT SEES 2017 INFLATION AT AT 0.5 PCT (JUNE FORECAST WAS 0.5 PCT)

SWISS GOVERNMENT SEES 2018 GDP GROWTH AT AT 2 PCT (JUNE FORECAST WAS 1.9 PCT)

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