FxWirePro: European recovery on stage via FX options ahead of French polls
Apr 06, 2017 10:31 am UTC| Research & Analysis Insights & Views
The European recovery theme has become increasingly mainstream in recent weeks as continued Euro-area growth out-performance intersects with moderating political risks. Last week, we opened an outright long EUR/USD...
Apr 06, 2017 10:17 am UTC| Research & Analysis Insights & Views
One sticking point is that 5Y USD/CHF forwards are realizing 1.5-1.8 pts. below 5Y ATMs. This is not a direct impediment to vol buying since gamma contribution to long-expiry option P/Ls is miniscule, but the implied ...
FxWirePro: Long-dated USD/CHF vol screening cheap - Carry vol ratios of ATMF straddles
Apr 06, 2017 09:26 am UTC| Research & Analysis Insights & Views
The back-end (5Y and out) USDCHF vol is beginning to approach deep value levels. While not quite through Q214 lows that we flagged in reference to USDJPY last week, 5Y ATMs have cratered in excess of 3 % pts and broken...
Apple Pay may have won the battle but it may not win the war
Apr 06, 2017 07:33 am UTC| Insights & Views Law Technology
The Australian Competition and Consumer Commissions (ACCC) decision to deny some of Australias major banks the ability to collectively bargain with Apple and boycott Apple Pay, might have opened a whole new door for...
Driverless cars might be safer but they'll still keep the courts busy
Apr 06, 2017 07:30 am UTC| Insights & Views Technology Law
If driverless cars live up to the safety hype, they could result in a significant reduction in the number of court cases dealing with human-related traffic offences. But before we can clear the courts, we will need to...
Trump-Xi summit is just the start of dealing with thorny issues in US-Sino relations
Apr 06, 2017 07:28 am UTC| Insights & Views
Chinese President Xi Jinping will meet US President Donald Trump for the first time on April 6 and 7 at the latters Mar-a-Lago resort in Palm Beach. On the agenda are a number of contentious issues that the two leaders are...
With crackdown on protests, Russia's new friend Belarus tightens its grip on power
Apr 06, 2017 07:25 am UTC| Insights & Views
Recent months have seen unprecedented social protest in Belarus. According to Human Rights Watch, citizen mobilisation has also resulted in mass and arbitrary arrests of demonstrators, human rights activists and...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects