May 05, 2017 11:49 am UTC| Research & Analysis Insights & Views
We add short EM vol risk on positive developments this week, selling 1Y USD/TRY vols after unexpected CBRT hawkishness, and -1M/+3M vega-neutral calendars in USD/BRL to fade the mid-week vol uptick driven by local and...
Donald Trump and Rodrigo Duterte: a not-so-surprising political friendship
May 05, 2017 10:24 am UTC| Insights & Views
US President Donald Trumps recent friendly phone conversation with Rodrigo Duterte, during which he invited the Philippine president to the White House, raised questions about his penchant for closeness with...
May 05, 2017 10:20 am UTC| Central Banks Research & Analysis Insights & Views
Following the CBRTs decision to hike the Late Liquidity Window (LLW) by 50bp to 12.25%, we would like to initiate longs in TRYZAR (entry: 3.6950; target: 3.90) and uphold shorts in USDTRY. The central bank decision was in...

FxWirePro: Ideal time for tactical hedging USD/JPY via knockout puts
May 05, 2017 10:02 am UTC| Research & Analysis Insights & Views
The FOMC is looking through softer data and is on track for a June rate hike, but we dont think that suffices to drive the dollars robustness in the months to come unless the market reconsiders the longer-term rate...
BRICS bank is offering more of the same rather than breaking the mould
May 05, 2017 08:37 am UTC| Insights & Views Economy
The New Development Bank recently held its second annual meeting in the Indian capital of New Delhi to discuss the sustainability of financing development projects in its member states. The multilateral bank was...

Alphabet's new plan to track 10,000 people could take wearables to the next level
May 05, 2017 08:32 am UTC| Insights & Views Technology Health
Verily the life sciences research arm of Google parent company Alphabet wants to track the health of 10,000 people. On April 19, the group announced that it was starting to recruit for Project Baseline, in partnership...
Why biased budget forecasts make poor politics
May 05, 2017 07:41 am UTC| Insights & Views Politics
For the last eight years, budget outcomes have consistently been much lower than previous budget forecasts. But in each year, the treasurer has again forecast a happy return to balance over the next four years....