Dec 08, 2016 13:15 pm UTC| Research & Analysis
The implied volatilities of crude oil options have dropped considerably on the back of last weeks OPEC production cut pact. For an instance, the 3m at the money WTI implied volatility has dropped a massive 10 percentage...
Dec 08, 2016 13:13 pm UTC| Research & Analysis
The recent OPECs agreement to cut output by 1.2 Mb/d from January next year together with the possibility of non-OPEC cuts of some 600 kb/d should result in meaningful global oil stock draws next year (even if full...
Dec 08, 2016 12:22 pm UTC| Central Banks Research & Analysis
The current EURCAD ATM implied volatilities making extreme noise above 23% as the EUR heads into todays ECB meeting on the front foot, having staged an aggressive reversal post initial Italian referendum weaknesson...
FxWirePro: EUR/JPY - Buy the trend and sell the ECB news via bear calendar spread with reduced cost
Dec 08, 2016 09:00 am UTC| Central Banks Research & Analysis
As stated in our recent technical write up, EURJPY bulls manage to break out above major resistances of 113.946, 116.250, 121.526, Current upswings consistently well above DMAs and sustain above these levels would take us...
Mixed bag euro hedging sentiments as Draghi to weigh Italian referendum impact on QE
Dec 08, 2016 07:45 am UTC| Central Banks Commentary
The political uncertainty is dominant in theeuro area, ECB President Mario Draghi said in an interview with El Pais published last week. So far weve seen that in the short-term the response to these uncertainties has been...
Dec 08, 2016 07:13 am UTC| Technicals
Bulls manage to break out above major resistances of 113.946, 116.250, 121.526, Current upswings consistently well above DMAs and sustain above these levels would take us to the newer heights. Rallies likely to extend...
Dec 07, 2016 13:14 pm UTC| Research & Analysis
Chinas FX reserves declined by 69 bln USD in November. This is the largest decline since February of this year. The decline points to continuing capital outflows, despite the best efforts of the Chinese authorities. In the...