FxWirePro: Uphold longs in Swiss franc versus USD via option structures and against EUR in spot
May 08, 2017 10:18 am UTC| Research & Analysis Insights & Views
We do not believe the French election watershed moment for CHF. The uptrend in CHF was doubtless aggravated by political risk, and this is apparent from the accelerated intervention the SNB has needed to undertake this...
FxWirePro: Mid-tenor CNY swap rates likely to agonize amid bearish bond market
May 08, 2017 09:55 am UTC| Central Banks Insights & Views
There has been a total of CNY310bn of reverse repos matured in thee recent past, with no MLF due. The PBoC is likely to provide liquidity when the market needs it but will maintain a neutral-to-mild tightening stance its...
Emmanuel Macron has a difficult task ahead say international experts
May 08, 2017 09:26 am UTC| Insights & Views Politics
Emmanuel Macrons victory in the May 7 French presidential election was a relief for many in France and around the world who feared the prospect of the far-right National Front candidate Marine Le Pen leading the...
South Korea's new president will face challenges from all directions
May 08, 2017 09:04 am UTC| Insights & Views Politics
On May 9, South Koreans will vote for their next president. Whoever wins the election will have to face serious domestic and international challenges. Its been almost six months since a political scandal engulfed...
How the hijab has grown into a fashion industry
May 08, 2017 08:58 am UTC| Insights & Views Life
Nike, the well-known U.S. sportswear company, recently introduced a sports hijab. The reaction to this has been mixed: There are those who are applauding Nike for its inclusiveness of Muslim women who want to cover their...
May 08, 2017 07:52 am UTC| Insights & Views
The rules of the game for OPEC producers would clearly skew incentives to maximize output in the short term. Any subsequent negotiations would likely be based on prevailing output levels, hence the higher the better....
FxWirePro: AUD/JPY macros outlook and option trades perspectives
May 08, 2017 06:59 am UTC| Insights & Views
Enduring macro trends in FX remain elusive as the passage of time has resolved few uncertainties in the past month. We expect AUDJPY to decline through 2017 on skinnier rate differentials and a pull-back in commodity...
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