OPEC’s quota doesn’t mean much as members boost output
Jun 09, 2015 13:57 pm UTC| Insights & Views
In spite of rebound in oil price, supply glut in global crude oil market remains persistent. OPEC members met in Vienna to discuss their strategies related to oil market this month and left the production target 30...
Euro’s roller coaster ride traps traders both side
Jun 09, 2015 13:18 pm UTC| Insights & Views
Traders are getting trapped with stop losses getting hit as Euro continues its roller coaster ride since April. Euro made bottom on 15th April around 1.05 against dollar and rose steadily from there to reach 1.145 by...
Chinese import volumes increase trade surplus
Jun 09, 2015 13:02 pm UTC| Insights & Views
Chinas trade surplus has widened remarkably in recent quarters reflecting both falling import prices and weak import volumes.In particular, Chinas oil import bill fell by US$42.9 billion from a year ago in 1Q15,...
Risk aversion hits market hard
Jun 09, 2015 12:44 pm UTC| Insights & Views
Two themes of risk aversion is hurting the market hard as billions are being wiped out as stocks and indices move downwards. Risk aversion has hit the market this week as Greece delayed IMF payment, raising the stake in...
Hedge US treasury bonds shorting on OTM calls
Jun 09, 2015 12:10 pm UTC| Insights & Views
Short USD 6M 10y receivers call, 50 bps out of the money options on bonds, or equivalently.Sell receivers swaption on rates an option seller is naturally short volatility.But in a bear market when prices are declining...
While FED prepares rate hike, inflation expectations remain subdued
Jun 09, 2015 11:26 am UTC| Insights & Views
Fridays jobs report might have given FED hawks some ammunition to fight off the doves and consider rate hike as early as September this year. Despite so market based measure of inflation expectations show that...
Do you think systematic hedging US treasury is unattainable?
Jun 09, 2015 10:50 am UTC| Insights & Views
We all know complete hedging comes with the cost in its entirety. But do you think the advantages of the hedging more priceless than its cost? Or is hedging treasury securities a risky venture?Such type of idiosyncratic...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects