FxWirePro: BRL, MXN and ZAR option markets priced in relatively amid lingering political turmoil

Oct 09, 2017 11:31 am UTC| Research & Analysis Insights & Views

We expect price action to remain supportive for BRL with inflation at 20-year lows and positions seeming less heavy, despite a recent move higher in the currency over the past month. As such, we continue to favor...

FxWirePro: Snippets of optimized hedging portfolios among EMEA FX

Oct 09, 2017 11:05 am UTC| Research & Analysis Insights & Views

The speed of the correction in EM FX has surprised us, but we remain cautiously pro-carry in our region, given supportive valuations. Over the past two weeks, EM FX weakened sharply across the board (refer above...

FxWirePro: Spot out asymmetry and own cheap gamma in GBP-bloc

Oct 09, 2017 09:50 am UTC| Research & Analysis Insights & Views Central Banks

With increased focus on repricing and reassessment of DM interest rates and monetary policy, G10 FX forecasts have had more revisions than EM FX forecasts in the past month. The better data has prompted our economists to...

FxWirePro: Cable 1m IV skews still bearish biased amid speech over Brexit transition - Deploy diagonal call ladder structures to optimize hedging

Oct 09, 2017 07:47 am UTC| Research & Analysis Insights & Views

The fifth round of Brexit talks starts this week, with fading hopes that there will be sufficient progress on separation issues in time for the EU leaders meeting later this month. The pound has been under pressure over...

FxWirePro: Cable’s shooting star heads-up for major trend at channel resistance but consolidation phase still remains intact – Activate long hedges

Oct 09, 2017 06:13 am UTC| Technicals Insights & Views

Shooting star has occurred exactly at 1.3495 levels with highs of 1.3658 levels. Consequently, the bearish pattern evidences slumps below DMAs, whereas todays attempts of upswings are not backed by both leading lagging...

Space Science Series

Private companies are launching a new space race – here's what to expect

Oct 08, 2017 10:59 am UTC| Insights & Views Business

The space race between the USA and Russia started with a beep from the Sputnik satellite exactly 60 years ago (October 4, 1957) and ended with a handshake in space just 18 years later. The handshake was the start of many...

The new atheists are not atheist enough

Oct 08, 2017 10:51 am UTC| Insights & Views Life

The new atheists are a diverse bunch. Philosophers, scientists, public intellectuals such as Daniel Dennett, Richard Dawkins or Sam Harris cornered much of the non-fiction trade publishing market in the early 2000s writing...