
Jun 19, 2017 12:23 pm UTC| Research & Analysis Insights & Views
Hawkish DM monetary policy surprises this week may spur 1-2 weeks of decent realized volatility but are unlikely to be durable enough to upend placid option pricing through the summer. Option implied USD-correlations...

Fed's tightening plans could be in jeopardy if weakness in inflation and retail sales continues
Jun 19, 2017 11:58 am UTC| Insights & Views Economy Central Banks
Despite the unexpected dip in US consumer Price Index and drop in retails sales in May, the Federal Reserve went on to raise US benchmark interest rate for the second time in three months and also forecasted one more rise...
FxWirePro: Deploy 3m forwards on lucrative RUB correction structure
Jun 19, 2017 11:35 am UTC| Research & Analysis Insights & Views
Beware of RUB correction: Are you concerned that RUB positioning is too heavy, stagnant price action is a warning sign, fundamentals could turn, and a significant correction could happen? We are. In the recent past, weve...
Jun 19, 2017 10:09 am UTC| Research & Analysis Insights & Views
Option Trade Strategy: Buy 3m USDRUB call strike 59, Sell call strike 62 knock-in 65 Indicative offer: 1.23% (vs 1.06% for the vanilla call spread, spot ref: 56.50) The position entails buying a USDRUB 3m call strike 59...
FxWirePro: A glimpse through EMFX trading atmosphere and trading perspectives
Jun 19, 2017 08:47 am UTC| Research & Analysis Insights & Views
Increased buy-in to the carry thesis. The vast majority of US investors is bullish emerging market assets; with most participating in EM carry plays. Of note, previous holdouts who were uber-bearish EM and who have...

Jun 19, 2017 08:35 am UTC| Research & Analysis Insights & Views
Bearish scenarios: AUDUSD below 0.72 if: 1) The unemployment rate breaks above 6%, forcing the RBA to respond more aggressively to weak inflation; 2) The Fed responds to animal spirits and bullish survey data by...

Jun 19, 2017 07:17 am UTC| Central Banks Insights & Views
The US dollar and bond yields pulled back after some weak US data. Equities remained elevated, though, the DJIA making a fresh record closing high. We see positive momentum remains intact, 0.7640 the immediate target...