
Jan 31, 2017 12:29 pm UTC| Research & Analysis Insights & Views
The FX vol market is showing signs of capitulation and front-end vols are softer over the week, leading to vol steepening across the board. Softer vols in U.S. could provide a momentary soft patch as the Dow Jones broke...

FxWirePro: Assessment of RVs versus IVs AUD/JPY and MXN/JPY - Relative values in conditional spreads
Jan 31, 2017 10:57 am UTC| Research & Analysis Insights & Views
Pick up relative value in conditional spreads, the conditional long/short vanilla spreads provide another avenue to explore when looking to fade vol risk premia. The idea is to structure zero-cost (or even premium...

FxWirePro: USD/TRY FVAs hedge seems more appealing
Jan 31, 2017 09:25 am UTC| Central Banks Research & Analysis Insights & Views
There is merit in earning carry in risk efficient form, and we sell USDTRY 1Yx1Y FVAs hedged with a static vanilla ATM call. USDTRY 1Yx1Y FVAs an appealing shorts, we are not chasing the drop in USD gamma lower;...
FxWirePro: Two FX derivatives trades for USD/RUB on threats of potential CBR FX interventions
Jan 31, 2017 07:41 am UTC| Research & Analysis Insights & Views Central Banks
In upcoming Russian monetary policy meeting, the CBR to remain on hold at 10%. Recent CBR rhetoric has been fairly cautious and we dont think the CBR would act at a non-core meeting (the next core meeting is in March)....

Jan 31, 2017 06:18 am UTC| Central Banks Research & Analysis Insights & Views
AUD remained in ranging mode, mostly between 0.7747 and 0.7162: Remains contained in a consolidative range of 0.7500-0.7600. AUDUSD in medium term perspective: Lower to 0.7400. The US dollars impressive post-election...
China: globalisation’s unlikely champion
Jan 30, 2017 17:25 pm UTC| Insights & Views
We live in an era of unprecedented and frequently bewildering change. Shocks and surprises are the order of the day, none more so or more consequential than the election of Donald Trump as the 45th president of the...
Shorten's three major economic priorities: 'jobs, jobs and jobs'
Jan 30, 2017 17:05 pm UTC| Insights & Views Economy
Bill Shorten will put creating new jobs, sustaining existing ones, and training and retraining Australian jobseekers at the heart of his economic agenda in a major speech on Tuesday. In whats seen as a formal opening to...