Will Puerto Ricans return home after Hurricane María?
Nov 18, 2017 14:56 pm UTC| Insights & Views Nature
Even before this years devastating hurricane season, the team of demographers I work with at Penn State and the Puerto Rico Institute of Statistics had predicted that the population of Puerto Rico would decline over the...

FxWirePro: Combinations of call option and duration trades to participate in fragile TRY
Nov 17, 2017 12:41 pm UTC| Research & Analysis Insights & Views
The weakness in Turkish assets accelerated over the past week. The lira has weakened by around 2% against the US dollar since the start of November, underperforming other EM currencies (refer above chart). The...
FxWirePro: Snippets of EMFX and outright FX trades
Nov 17, 2017 11:40 am UTC| Research & Analysis Insights & Views
The headwinds we highlighted last week for EM FX remain; negative EM political news flow is high, US tax reform discussions continue to provide upside USD risk, and EM FX positioning remains crowded even though outflows...
FxWirePro: Snippets of EMFX and outright FX trades
Nov 17, 2017 11:40 am UTC| Research & Analysis Insights & Views
The headwinds we highlighted last week for EM FX remain; negative EM political news flow is high, US tax reform discussions continue to provide upside USD risk, and EM FX positioning remains crowded even though outflows...

Nov 17, 2017 11:05 am UTC| Research & Analysis Insights & Views
Crude oil markets are growing nervous, days before OPEC is due to meet in Vienna on 30 November. Front-month prices on ICE Brent are currently retracing around $61.50, down $3 from the November highs and putting a pause to...
FxWirePro: Two EMFX options trades blessing in disguise
Nov 17, 2017 10:23 am UTC| Research & Analysis Insights & Views
In this write-up, we emphasize on ZAR short vs a 50:50 USD:EUR basket and shorting EURHUF through a 6m seagull: In EM, ZAR kept showing weakness constantly against both dollar and the euro since last March 2017,...

Nov 17, 2017 07:21 am UTC| Research & Analysis Central Banks Insights & Views
We look for AUDUSD to finish the year around 0.76, so long as markets maintain a very high probability of a Fed interest rate rise in December along with a neutral RBA outlook deep into 2018 and commodity prices remain...