FxWirePro: Hedge GBP/CAD downside risks via back spreads bidding 2W IVs ahead of UK preliminary GDP
Aug 25, 2016 10:19 am UTC| Research & Analysis
We run you through the potential risks of the underlying pair of GBPCAD before we begin with the hedging frameworks. The United Kingdom preliminary GDP QoQ is scheduled to be announced tomorrow, and it is anticipated to...
FxWirePro: AUD/NZD bear spreads more efficient than combinations on hedging grounds
Aug 25, 2016 07:57 am UTC| Research & Analysis
NZD was solid overnight. It is difficult to come up with likely catalysts for large moves in the NZD in the New Zealand session today, with no data or speeches due. The upward trend, which has been apparent since...
Aug 25, 2016 01:29 am UTC| Research & Analysis
Moodys Investors Service says that Cambodias B2 sovereign issuer rating is supported by its robust and stable growth path and modest government debt burden. However, the countrys concentration in garment production and...
Fitch Rates New Zealand's 2037 Bond 'AA+(EXP)' - Reuters News
Aug 24, 2016 09:22 am UTC| Research & Analysis
Fitch Ratings has assigned New Zealands forthcoming New Zealand dollar-denominated bond maturing April 2037 an expected rating of AA+(EXP). KEY RATING DRIVERS The expected rating is in line with New Zealands...
Moody's: Growth in high-yield lite issuance to continue in 2016
Aug 24, 2016 00:12 am UTC| Research & Analysis
HY-lite bonds issuance will continue to rise through 2016, says Moodys Investors Service in a report published today. In the first half of 2016, 37% of all speculative grade issuance was high-yield lite, versus 28% in...
FxWirePro: USD/JPY still the most expensive G10 volatility – Stay positioned with option knock outs
Aug 23, 2016 12:27 pm UTC| Research & Analysis Insights & Views
The latest FX options quant screener emphasizes that USDJPY remains the most expensive G10 volatility. It also has the most expensive smile parameters up to the 6m tenor. It suggests buying an RKO put, taking advantage...
Fitch: Indonesia's 2016 Car Sales to Rise as Outlook Brightens
Aug 22, 2016 23:51 pm UTC| Research & Analysis
Fitch Ratings believes Indonesias car sales will increase between 3% and 5% in 2016, buoyed by new product launches, a more positive macroeconomic environment, increased liquidity and more relaxed financing...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects