FxWirePro: A glimpse at why petro-driven currencies seem more economical than Antipodeans

Jul 13, 2018 13:03 pm UTC| Research & Analysis Insights & Views

The FX markets have calmed down a little, particularly commodities, as trade data from China showed exports picked up a little more than expected, but imports slackened off much more than expected. US equities remain an...

FxWirePro: USD/SGD and USD/TWD vol spreads to derive value via RV trades

Jul 13, 2018 11:17 am UTC| Research & Analysis Insights & Views

Before we move onto the core of this write-up, please be noted that USDSGD has risen by around 2% since the start of June to around 1.3630, in line with the weakness in Asian currencies led by CNYs drop, and the near term...

FxWirePro: Be cognizant of cyclical effects in Singapore, Capture SGD vols for hedging an extended risk-off scenario

Jul 13, 2018 10:31 am UTC| Research & Analysis

Singapores economic performance is largely perceived as a bellwether for the health of the region. This is predominantly because of the diminutive and liberal in nature of the economy. The other major economy in the region...

FxWirePro: Deploy EUR/AUD Options Straps bidding 1m IV skews, and both bullish/bearish scenarios

Jul 13, 2018 09:09 am UTC| Research & Analysis

Bearish EURAUD scenarios: 1) ECB delays hiking until 2H19 as growth struggles and core inflation is capped at 1%. 2) Faster US corporate repatriation. 3) China eases policy and commodities rebound 4) The RBA...

Digital Currency Revolution

Trolling on Warren Buffet's anti-bitcoin stance continues amid millions of dollars gamble between BTC or Berkshire Hathaway stock

Jul 13, 2018 07:10 am UTC| Digital Currency Research & Analysis Insights & Views

Legendary investor Mr Warren Buffet had constantly been bashing on Bitcoin and states that he would never invest in cryptocurrencies as he was so certain about the cryptocurrencies would come to a bad end. For now, an...

FxWirePro: Buzzing bulls in bullion space on US CPI – Hedge gold via CME longs

Jul 12, 2018 13:37 pm UTC| Research & Analysis Central Banks Insights & Views

Short-covering rallies are observed in todays precious yellow metal trades that stage a modest recovery from over 1-week lows after the US CPI data prints. The inflation rate in the US edged up to 2.9% in June from 2.8%...

FxWirePro: USD/TRY 1m forwards and IV skews signal still bullish risks - Hedge Turkish lira on uncertainty between CBRT and Erdogan’s commentaries

Jul 12, 2018 12:43 pm UTC| Research & Analysis Central Banks

The moment of truth will strike for the Lira on 24th July. Because then the next interest rate decision of the central bank is due. The Central Bank of Republic of Turkey raised its benchmark interest rate by 125bps to...