FxWirePro: Gold OTC indications lure Credit Put Spreads for positional traders

Oct 17, 2017 11:49 am UTC| Research & Analysis Insights & Views

The bullion market has seen more turbulence today, Gold and silver saw a turnaround from crucial levels in the last few days as a December rate hike got fully factored in and as geopolitical concerns emerged yet...

FxWirePro: Gold prices unlikely to glitter sharply in Q4, US CPI and euro strength engulfing prospects – Short hedge for aggressive bears

Oct 17, 2017 10:57 am UTC| Research & Analysis Insights & Views

As gold loses its glittering in 4Q, Gold prices pushed back above $1,300 per oz as weaker-than-expected economic data saw investors reduce their probability of a rate hike by the (US Federal Reserve), ANZ Research said on...

FxWirePro: Independent or mutually exclusive, risky duos mystify sterling – Spot fair positioning in GBP options

Oct 17, 2017 09:57 am UTC| Research & Analysis Central Banks Insights & Views

GBP has been a currency with substantial fundamental uncertainty for now in our view. One side Brexit transition and on the other hand, the abrupt change in the BoEs reaction function triggered a sharp GBP rally in...

FxWirePro: AUD/NZD oscillates in seesaw ahead of Kiwis political developments, NZ CPI cushions slumps – Upholds options strips on hedging grounds

Oct 17, 2017 07:19 am UTC| Research & Analysis Insights & Views

Consumer prices in New Zealand increased 1.9 pct YoY in the third quarter of 2017, above market expectations of 1.8 pct and up from 1.7 pct in the previous period. The inflation rate regained footing after easing in Q2 for...

FxWirePro: Glimpse through geopolitical drivers of G10 FX space and OTC options

Oct 17, 2017 05:54 am UTC| Research & Analysis Insights & Views Central Banks

Another four notable political events are coming up this week. There is the EU summit that is expected to pronounce insufficient progress on the Brexit negotiations to warrant launching trade talks, but there remains the...

Announcement: Moody's: Japan's credit strengths remain robust; foremost credit challenge is maintaining debt sustainability

Oct 17, 2017 03:59 am UTC| Research & Analysis

Moodys Investors Service says that Japans (A1 stable) credit strengths include a broad and deep domestic market for government debt, the countrys large, diverse and high-income economy, and a very strong external payments...

FxWirePro: Chinese currency to extend gain in Q4 on rosy growth projections – Uphold costless USD/CNY put spreads to hedge bearish risks

Oct 16, 2017 12:19 pm UTC| Research & Analysis Insights & Views

China will be the focus for the market this week. Chinas Communist Party will hold its once-every-five-year congress this week, and the new leadership group will be officially announced early next week. In the meantime,...