Mar 14, 2017 11:10 am UTC| Research & Analysis
Earlier in January, we closed our long gold trades in order to lock in profits ahead of the largely uncertain risks around Trumps inauguration and the kick-off of his presidency. Obviously, both those immediate catalysts...
Mar 14, 2017 07:29 am UTC| Central Banks Research & Analysis Insights & Views
We have received two surprises to reduce downside risks to USDJPY. One is from politics and the other is from the macro side: With respect to politics, we had expected that FX and trade issues would have been...
Mar 14, 2017 03:42 am UTC| Research & Analysis
Moodys Investors Service says that Chinese developers will face increasing competition, after the Chinese government (Aa3 negative) stressed during the National Peoples Congress in early March 2017 that it would strengthen...
Mar 13, 2017 13:08 pm UTC| Central Banks Research & Analysis Insights & Views
The FOMC is likely to enact a3rd hike in the federal funds rate this week. On Wednesday, March 15, the FOMC is likely to hike its funds rate by 25 basis points for the third time during the current economic...
FxWirePro: Reshuffling of option trades in commodity driven currencies
Mar 13, 2017 12:56 pm UTC| Central Banks Research & Analysis Insights & Views
The FOMC is likely to enact a3rd hike in the federal funds rate this week. On Wednesday, March 15, the FOMC is likely to hike its funds rate by 25 basis points for the third time during the current economic...
FxWirePro: EUR/USD 3m3m FVAs to render asymmetric political hedge
Mar 13, 2017 09:09 am UTC| Central Banks Research & Analysis Insights & Views
The European election-distorted EUR/EUR-cross vol curves: The risk premium for the French elections has distorted EUR-and EUR-cross vol surfaces. 3M-1M vol curves have steepened enormously due to the boost to 3M expiries...
Mar 13, 2017 06:59 am UTC| Central Banks Insights & Views Research & Analysis
As expected, theEuropean central bank (ECB)left all benchmark interest rates on hold following the latest Council meeting, with the main refi rate remaining at 0.0% and the deposit rate at -0.40%. According to the...
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