FxWirePro: Favor EUR/USD top end range with “European knock in options”
Jun 14, 2017 08:27 am UTC| Research & Analysis Insights & Views
EURUSD has traded between about 1.05 and 1.16 since 2015. While these bounds are pretty wide, this has been the longest period deprived of trends since the introduction of the single currency (refer above graph). EURUSD...
FxWirePro: What matters for choppy euro appreciation? RVs, IVs and skews to bid for OTM call strikes
Jun 14, 2017 08:10 am UTC| Research & Analysis Insights & Views
As the FX markets focus returns to monetary policy, its relationship with interest rates will become more prominent. The last time that FX vol was durably in a low regime coincided with a period when central bank policies...
FxWirePro: Bullish and bearish scenarios, OTC indications and hedging solutions of USD/JPY
Jun 14, 2017 07:26 am UTC| Research & Analysis Insights & Views
Bearish: USD/JPY to 125 if 1) The strong US growth leads aggressive Fed hikes and a spike in UST yields, resulting in broad USD strength, 2) The Japanese governments fiscal policy becomes more expansionary and the...
FxWirePro: Worrying more about tomorrow than today? A glimpse on BoJ policy front
Jun 14, 2017 07:10 am UTC| Central Banks Insights & Views
Market risk sentiment was mixed in Asia ahead of the US Fed policy decision later today which seems to be factored in FX markets. The US Federal Reserve is expected to raise policy interest rates by 0.25% this evening, in...
Uncertainty isn't causing slow economic growth, for now
Jun 14, 2017 06:13 am UTC| Insights & Views Economy
Uncertainty is widely recognised as a potential drag on economic growth. Workers who become more uncertain about their future wages reduce spending, for example, and business owners uncertain about future government policy...
Some private hospitals are safer than others, but we don't know which
Jun 13, 2017 16:27 pm UTC| Insights & Views Life
The recent jailing of British breast surgeon Ian Paterson after performing multiple unnecessary operations has highlighted the issue of hospital safety. Patersons unnecessary surgeries included some performed in private...
A better alternative to levying the bank tax
Jun 13, 2017 16:17 pm UTC| Insights & Views Economy
In all the noise and fury surrounding the bank tax, a more effective alternative proposal to implementing it has apparently been forgotten. In 2015 South Australian Premier Jay Weatherill proposed that banking should be...
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