FxWirePro: CBR shifts policy sentiments but uphold USD/RUB hedging portfolios with conviction
Apr 30, 2018 12:10 pm UTC| Research & Analysis Central Banks Insights & Views
CBR maintained status quo in its monetary policy, the base rate was on hold at 7.25% on Friday which was widely anticipated. There was little astonishment in the banks changed assessment that room for further rate cuts has...
Apr 30, 2018 11:35 am UTC| Technicals Research & Analysis Insights & Views
EURCHFs major trend has retraced from the lows of 0.9651 levels to the current 1.1970 levels. But the uptrend that was stuck in the range from last three-four months, bulls in this month have managed to break out the...
Moody's publishes FAQ on the impact of IFRS 9 accounting standards on European banks
Apr 30, 2018 10:38 am UTC| Research & Analysis
The early disclosures by large European banks on the impact of the new IFRS 9 accounting framework show that impact on capital levels has been limited thus far, says Moodys Investors Service in a report published today....
Apr 30, 2018 09:49 am UTC| Research & Analysis Insights & Views
Bearish EURUSD scenarios: 1) Growth fails to rebound above 2%; 2) EUR appreciation and/or sluggish core CPI delays ECB policy normalization 3) Eventual repatriation by US corporates. Bullish EURUSD...
FxWirePro: Unregulated Utility Tokens seemed to have been appraised by CFTC chief
Apr 30, 2018 07:14 am UTC| Research & Analysis Insights & Views Digital Currency
In a speech, delivered by CFTC commissioner Quintenz seems to embrace the concept of unregulated utility token. Brian Quintenz, of the Commodity Futures Trading Commission (CFTC), addressed the topic of cryptocurrencies...
Shedding some light on US IRS and exotics hedging flows
Apr 27, 2018 11:22 am UTC| Research & Analysis Central Banks Insights & Views
The US 10Y Treasury yield slipped from its four-year high of 3.03% to 2.98%, with most of the move occurring before the ECB decision. 2Y yields nudged higher, from 2.47% to 2.49%, to help flatten the curve. Fed fund...
FxWirePro: Call ratio spreads to tackle EUR/GBP tepid IVs
Apr 27, 2018 10:05 am UTC| Research & Analysis Insights & Views
Before we proceed further, lets just quickly glance at IV nutshell and please be noted that the 1m EURGBP IVs are shrinking below 6.43% which is the least among G7 FX bloc with bullish neutral risk reversals. The...
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