
UK manufacturing PMI beats expectations, soars to 4-year high in Nov on jump in new orders
Dec 01, 2017 11:25 am UTC| Insights & Views
Data released earlier today by financial information firm IHS Markit Ltd showed that UK purchasing managers index for the manufacturing industry, jumped to 58.2 in November, up from the upward-revised reading of 56.6 a...

Dec 01, 2017 08:06 am UTC| Research & Analysis Insights & Views
Its important to recognize that a less assertive BoE outlook is not the only factor weighing on GBP. In particular, the GBP TWI has now given back 80% of the gains it made following the hawkish September MPC whereas the...

FxWirePro: Why long EUR vega strategy with constructive vols rolldown?
Nov 30, 2017 12:13 pm UTC| Research & Analysis Insights & Views
As per last weekly reporting, European high yield funds registered an outflow of 771mm (1.3% of AUM) for the week ending 22 November. There was a 143mm (2.1% of AUM) net outflow for ETFs and a 53mm (0.6% of AUM) net...

New Zealand business confidence slumps to 8-year lows, 2018 could see hiatus in business investment
Nov 30, 2017 11:06 am UTC| Insights & Views
New Zealand business confidence fell to its lowest level in eight years in October, in the first survey results after the formation of a new coalition government. The uncertainty around changing government policy, a softer...
FxWirePro: Hedge dual-risk in EUR rates after recent developments via Vega strategy
Nov 30, 2017 10:44 am UTC| Research & Analysis Insights & Views
The medium-term view on the euro remains bullish in anticipation of a pivot in ECB policy. The recent political developments in the Euro area have also garnered the attention. Buy EUR bottom-right vega EUR vega is...
Nov 30, 2017 08:53 am UTC| Central Banks Research & Analysis Insights & Views
Finally, USDKRW took a break from the streaks of bearish swings today. Entering the new week, USDKRW stabilized at 1087 level with a gap up opening today. The Bank of Korea raised its base rate by 25 basis points this...
FxWirePro: What does mounting buying sentiments by FX reserves managers in bond markets imply?
Nov 30, 2017 07:42 am UTC| Research & Analysis Insights & Views
FX reserve managers, which have started accumulating reserves again since the second half of 2016, are on track to be purchasing $140bn of bonds this year with a further rise likely for 2018. Assuming continued capital...