FxWirePro: NZD/SEK levered option trades cushioned by valuations terms and macros
Jan 24, 2017 13:07 pm UTC| Economy Research & Analysis Insights & Views
In 2017 the FX outlook, we describe our stance on SEK as grudgingly constructive; constructive because the currency was undershooting short-and medium-term fair-value by an egregious amount; grudging because we were wary...
FxWirePro: Hedge in oil driven currency under Trump’s administration
Jan 24, 2017 12:58 pm UTC| Economy Research & Analysis Insights & Views
The global macro backdrop for FX would likely stay unstable for at least the next several months, through the first hundred days of the incoming Trump administration. The markets latched onto a Trump policy narrative...
Jan 24, 2017 12:14 pm UTC| Research & Analysis Insights & Views
The policy rotation in the US should favor a further appreciation of the US dollar in 2017. This tends to undermine both USD lending to non-US borrowers and international FX reserves, two factors that will probably amplify...

Eurozone PMIs show tentative signs of rise in core inflationary pressures, ECB to keep close watch
Jan 24, 2017 11:51 am UTC| Insights & Views Economy
Eurozone Composite PMI for January fell slightly from the previous monthbut remained comfortably above the 50 mark signalling stronger GDP growth for the single currency area. IHS Markits Euro Zone Flash Composite...

Jan 24, 2017 10:56 am UTC| Research & Analysis Insights & Views Central Banks
Since June, NZDUSD has been trading in the 0.70-0.74 range after a bullish first semester. At this stage, the interest rate differential already points towards a much lower NZDUSD, in the direction of our end-2017 forecast...
India has been a post-truth society for years (and maybe the West has too)
Jan 24, 2017 08:53 am UTC| Insights & Views Politics
Major social change does not happen within the space of a year. Yet, to a large number of observers around the world, the post-truth phenomenon seemed to emerge from nowhere in 2016. Two key events of 2016 shaped our...

Jan 24, 2017 07:44 am UTC| Research & Analysis Insights & Views
The Decembers highs of (0.7215) and an interim retracement in the 0.7240-50 area still attract but the push above 0.7200 is not accelerating. A slip now below 0.7180 could trigger a flush back to 0.7075-90. NZD/USD...