Feb 27, 2018 11:09 am UTC| Research & Analysis Insights & Views
Vega is usually expressed as the change in premium value per 1% change in implied volatility. If the Vega of a long (buy) option position is USD 100 and IV increases or decreases by 1%, the options premium would also...
FxWirePro: Alert on Italian risk – Buzz on costless conditional risk-mitigating strategy for euro
Feb 27, 2018 09:45 am UTC| Research & Analysis Insights & Views
With the Italian parliamentary election only one week away, polls continue to point to a hung parliament with no clear majority in sight. However, irrespective of the governing coalition formed after the election, we do...
FxWirePro: Uphold hedging vehicles prioritizing on EUR/JPY OTC bids than PPP and FEER sentiments
Feb 27, 2018 06:59 am UTC| Research & Analysis Insights & Views
We articulated a high conviction, constructive view for EUR predicated on the robust cyclical lift in the region and the unwinding of distortions to capital flows and EUR valuation from the unconventional monetary...
FxWirePro: Snippets of EM Asia FX strategic perspective
Feb 26, 2018 12:34 pm UTC| Research & Analysis Central Banks Insights & Views
Todays resignation of Perng Fai-nan marks the end of one of the longest terms of office for a central bank governor in the world. He took office during the Asian Financial Crisis and has experienced many extreme moments...
FxWirePro: Buy delta-hedge for yellow metal ahead of Jerome Powel’s testimony
Feb 26, 2018 12:07 pm UTC| Research & Analysis Insights & Views
Gold futures on Comex were up 0.78% at $1,338.0 a troy ounce by 11:36 GMT, the highest since February 20 as sentiment on the U.S. dollar weakened due to a decline in bond yields and as sentiments developed more vigilant...
FxWirePro: Buy delta-hedge for yellow metal ahead of Jerome Powel’s testimony
Feb 26, 2018 12:07 pm UTC| Research & Analysis Insights & Views
Gold futures on Comex were up 0.78% at $1,338.0 a troy ounce by 11:36 GMT, the highest since February 20 as sentiment on the U.S. dollar weakened due to a decline in bond yields and as sentiments developed more vigilant...
FxWirePro: Is Japanese Yen still a safe-haven or not, keep FX risk on check
Feb 26, 2018 11:41 am UTC| Research & Analysis Insights & Views
The strong US dollar depreciation seen since mid-December seems to have been stopped for now and most recently the US currency was able to regain some lost ground again. There is only one currency in the G10 universe that...
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
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight