How a billion-dollar insurance industry protects Florida's risky real estate game – for now
Oct 08, 2017 02:26 am UTC| Insights & Views Economy
Yet, since 1886, the Sunshine State has been hit with almost twice as many hurricanes as the next two states, Texas and Louisiana. Currently, 2.4m people and 1.3m homes sit just 1.2 metres above the high tide line and sea...
The caste politics curse that India just can't shake off
Oct 08, 2017 02:21 am UTC| Insights & Views Politics
India is still not able to do away with its caste politics as demonstrated by recent attacks on members of lower caste in south-western state of Gujarat during a festival. Yet Narendra Modis ruling Bhartiya Janata Party...
No chance of US gun control despite Las Vegas massacre; NZ left gains two seats after special votes
Oct 08, 2017 02:14 am UTC| Insights & Views Politics
In the last decade, there have been many horrific gun crimes in the US, where at least 10 people have been murdered in the one incident. However, the National Rifle Association has successfully fought all efforts to impose...
FxWirePro: A glimpse through Latino and Mexican FX derivatives market ahead of election risks
Oct 06, 2017 13:11 pm UTC| Research & Analysis Insights & Views
Ever since the two major upsets during the turbulent election risk year that was 2016, FX option markets have been on a hair trigger around the issue of political event risk premium, as evidenced by the pronounced...
FxWirePro: Why and how Sterling's gamma ownership lures us?
Oct 06, 2017 12:58 pm UTC| Research & Analysis Insights & Views Central Banks
Asymmetric uptick in G10 vols is more difficult to envision, since the mix of Fed repricing and tax reform optimism may draw a soft floor under the greenback for the time being even if this weeks upturn does not repeat,...
FxWirePro: Snippet of asymmetric GBP risks that props up significance of OTM calls
Oct 06, 2017 12:43 pm UTC| Research & Analysis Insights & Views
Asymmetric sterling risk: GBPUSD after flitting above 1.35 for the first time since the Brexit vote, cable is retracing lower, following the EURUSD consolidation. The lower spot provides the opportunity to buy distant OTM...
Oct 06, 2017 12:03 pm UTC| Research & Analysis Insights & Views
If a currency remains extremely stable, and the FX reserves are picking up, what does it indicate? Well, the most likely answer would be: there is an intervention from the central bank. This happened to IDR in the first...