FxWirePro: Attain feeble CNY via costless calls against writing AUD/CNH strangles
Oct 24, 2018 14:29 pm UTC| Research & Analysis Insights & Views
We could increasingly foresee upward risks for the USDCNY forecast. Even if we see clear signals that the Chinese central bank PBoC is leaning against CNY depreciation, the depreciation pressure on the renminbi is not...
FxWirePro: WTI consolidates break below 200-DMA, eyes 38.2% Fib at 63.59
Oct 24, 2018 12:49 pm UTC| Technicals Research & Analysis
US oil chart on Trading View used for analysis Oil slips lower after Saudi promised to supply the Iranian shortfall. WTI fell below 200 DMA for the first time in more than a year as a result. Further...
FxWirePro: Trade updates and reshuffling of WTI/Brent time spreads
Oct 24, 2018 11:39 am UTC| Research & Analysis Insights & Views
Crudeprice has been dipping 4% after the Saudi energy ministers said OPEC was in produce as much as you can mode and industrials earnings outlooks from Caterpillar and 3M disappointing investors, with the former noting...
Blockchain Trends in Trade Finance and International Trade – Various Trials by Renowned Banks
Oct 24, 2018 11:14 am UTC| Research & Analysis Insights & Views Digital Currency
The trade finance business, has been stereotypically low risk but high collateral in nature, but was not excused from the 2008 GFC (Global Financial Crisis). Regardless of LCs, Collections or open account methods of...
Fitch Ratings: Operating Risk Capital May Rise for EU Banks, Fall in US
Oct 24, 2018 10:56 am UTC| Research & Analysis
EU banks may need to hold significantly more capital for operational risk under the final version of Basel III reforms than under current requirements, while US banks may see a reduction in requirements, Fitch Ratings...
FxWirePro: EUR/CAD rejected at 55-DMA, good to stay short on upticks
Oct 24, 2018 09:52 am UTC| Technicals Research & Analysis
EUR/CAD chart on Trading View used for analysis EUR/CAD has been rejected at 55-EMA, slips below 20-DMA to trade 0.41% lower on the day. Euro dented across the board after eurozone PMIs missed expectations to...
Oct 24, 2018 09:27 am UTC| Research & Analysis Insights & Views
The purchasing managers indices for the euro zone in October were visibly disappointing. The index for the manufacturing sector dipped by 1.1 points to 52.1. This is the lowest value since May 2016. The index for the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects