FxWirePro: Low vols and depressed risk reversals - Shorting EUR/CNH call to finance USD/CNH calls
May 24, 2018 09:47 am UTC| Research & Analysis Insights & Views Central Banks
If you are reckoning about a break in the dollar appreciation trend, then USD calls seem to be cheaper relative to spot retracement headroom in CNH, thus, we advise the best value in USD calls judging from the number of...
May 24, 2018 08:20 am UTC| Research & Analysis Insights & Views
Bearish GBPJPY scenarios: 1) BoE rate hikes are delayed until much later in 2018 as core CPI continues to moderate and wages remain sticky below 3%; 2) The UK and EU fail to agree on the Irish border, leading to a...
US SEC continues to direct ICOs on compliance
May 24, 2018 07:00 am UTC| Fintech Digital Currency Research & Analysis Insights & Views
More than $8.8 billion worth of capital has been raised via Initial Coin Offerings (ICOs) since 2016. Fresh entrepreneurs across the globe are looking into how they can get involved in this new fundraising programme. You...
FxWirePro: Snippets of Bullion market trades
May 23, 2018 13:29 pm UTC| Research & Analysis Insights & Views
In this write-up, we emphasize on stay long Dec18 CME gold and stay long Dec18 CME silver Gold: At the end of April, the dollar definitively broke out of a narrow range established since mid-January. The move higher in...
FxWirePro: Relative values in Asian FX bloc – Spotlight on high-beta currencies
May 23, 2018 12:37 pm UTC| Research & Analysis Insights & Views
Leveraged funds were net buyers of USD for the fifth consecutive week, keeping the DXY Index firm. USD buying was largely broad-based, except against the yen. EM currencies saw net selling by both leveraged funds and asset...
Traxia blockchain arm to render trade financing services for SMEs
May 23, 2018 11:29 am UTC| Research & Analysis Fintech Insights & Views
We have already stated in our previous post that financial institutions zeal in advanced technology Blockchain, HSBC Singapore completed a transaction using blockchain based on which it shows they perceived that the...
FxWirePro: Activate 3m EUR/GBP and EUR/JPY correlation swaps
May 23, 2018 11:12 am UTC| Research & Analysis Central Banks Insights & Views
Selling EURGBP vs EURJPY correlation swaps to exploit idiosyncratic GBP noise with positive carry. Short EURGBP vs. EURJPY correlation in our view, the re-emergence of idiosyncratic UK policy risk as a GBP driver is a...
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