FxWirePro: Deploy debit call spread to hedge WTI crude’s risks ahead of EIA inventory check
Jan 31, 2018 10:15 am UTC| Research & Analysis
Global crude oil prices have steadied at close to $70/bbl in recent weeks and have pushed to fresh three-year highs while articulating. Current prices have been slightly edgy extending losses into a third session, amid...
FxWirePro: A glimpse though FX options market amid Italian election risks
Jan 31, 2018 08:34 am UTC| Research & Analysis Insights & Views
There is a late swing in the Italian opinion polls in favour of MS5. While holding forecasts unchanged, we have established a decent long EUR position in the macro portfolio (vs JPY, NZD, and an EURUSD proxy). The...
FxWirePro: AUD/JPY hedging vehicles for risk averse and aggressive traders on bearish risk scenarios
Jan 31, 2018 07:21 am UTC| Research & Analysis Insights & Views
Bearish AUD scenarios: 1) The unemployment rate moves back towards 5.75%, raising risks that the RBA responds to a weakening labour market; 2) The Fed responds to firm labour market outcomes and above-trend growth by...
Moody's: New US tax cuts have limited credit implications for China and Chinese corporates
Jan 31, 2018 01:26 am UTC| Research & Analysis
Moodys Investors Service says that the new US tax law passed in December will not have material credit implications for China (A1 stable), one of the largest trading partners of the US, nor for Chinese companies, in terms...
Jan 30, 2018 14:04 pm UTC| Research & Analysis Insights & Views
The Treasury Department released a list of 114 senior foreign political figures with close ties to Vladimir Putin and 95 oligarchs; and also presented two classified reports to Congress one listing other potential entity...
FxWirePro: A glimpse through precious metals and trade perspectives
Jan 30, 2018 12:40 pm UTC| Research & Analysis Insights & Views
The PGMs seem slightly edgy today across the board this morning with prices off an average of 0.6%, led by a 0.9% slump in platinum to $990.50 per oz, while gold prices are off by 0.4% at $1,334.33 per oz. This follows a...
FxWirePro: NAFTA hedging – Gamma spreads for LatAm FX pairs
Jan 30, 2018 10:30 am UTC| Research & Analysis Insights & Views
Long MXN vs. short BRL gamma spread as a NAFTA-disruption hedge: While the ongoing round 6 of the NAFTA talks has been fairly surprise-free, we remain wary about the possibility of late-hour disagreements on contentious...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects