FxWirePro: Brazilian Lira Eases, Achieve Vol Carry via Options Combinations
Jul 16, 2019 10:19 am UTC| Research & Analysis
Following the first successful vote on the pension reform in the Chamber of Deputies, it has now been announced that the second vote will not take place until August after the summer break. This announcement had no impact...
FxWirePro: Fed in 2019 and FX Vols and Options Strategies
Jul 16, 2019 09:37 am UTC| Research & Analysis
In all possibilities, the expectations are rising that the Fed would cut its key rate by the end of this month. The size of the rate step, however, is still uncertain. Two scenarios are being discussed right now. The first...
FxWirePro: Euro seems resilient ahead of ECB – Hedge EUR/JPY skews and risk reversals
Jul 16, 2019 07:36 am UTC| Research & Analysis
In emphasizing downside risks to the outlook, Powell has defused the immediate risks of a disruptive back-up in bond yields. This has put a cap on the broad dollar. Bond proxies in FX such as CHF and JPY have been spared a...
Trend of Tokenization Series: A Glimpse on ICOs, IEOs, and STOs Performance in 2019
Jul 16, 2019 06:02 am UTC| Research & Analysis Digital Currency Insights & Views
Of late, the segment of tokenization lures the shrewd investors with the exponential returns (yields flashes in 3 digits in percentage terms). While the regulator raises a cautionary statement that the token categories...
FxWirePro: FX Options Highlights Amid Macro Backdrop
Jul 15, 2019 13:37 pm UTC| Research & Analysis
Growth concerns for both advanced countries and emerging countries have picked up again on the back of a collection of new economic data but also and perhaps more importantly due to continued high uncertainty. The latter...
FxWirePro: Ambiguous USD/TRY? Carry Highest Vol Ratio Via Simple Vanilla Structures
Jul 15, 2019 11:59 am UTC| Research & Analysis Central Banks
The lira may appear to have rallied since this Monday after the CBT Governor was fired last weekend by a presidential decree. But this is a misleading picture where a broader EM FX rally is masking the underlying...
Jul 15, 2019 11:05 am UTC| Research & Analysis Central Banks
Today, a German news magazine is moaning about the potential end of multilateralism and the risk of a currency war. However, one cannot agree with the view (which others have brought forward, too) that monetary policy as...
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