FxWirePro: Hedge USD/CHF via debit put spreads on bearish neutral risk reversals and projections
May 21, 2018 11:50 am UTC| Research & Analysis Insights & Views
We spot on the pair that has the least ATM IVs when the underlying spot FX has also been drifting in range bounded trend. We upgraded our CHF forecasts. Last month we lowered our forecasts for the franc to take account...
May 21, 2018 09:36 am UTC| Research & Analysis Insights & Views
Bearish NZDUSD scenarios below 0.67 if: 1) The housing market slowdown becomes disorderly; 2) The immigration rolls over quickly; 3) NZ bank funding issues intensify, causing the market to question NZs ability to...
FxWirePro: Kiwis budget delivered today, What-if scenarios of NZD/USD and deploy delta-hedging
May 17, 2018 14:06 pm UTC| Research & Analysis Insights & Views
The annual Budget is delivered today, and analysts will be interested in how the spending plans are reconciled with the plan to reduce debt over the next few years. NZ interest rate markets will be interested in any...
OECD eyes on optimized usages of Cryptocurrencies and ICOs
May 17, 2018 13:15 pm UTC| Research & Analysis Economy Fintech Digital Currency
Weve been seeing the newly invented advanced technologies on a constant basis, now the Blockchain can have a large impact on the way transactions and ownership are recorded, it is important to note that there are actually...
May 17, 2018 06:26 am UTC| Research & Analysis Insights & Views
Although the past few weeks have brought little new to resolve medium-term uncertainties, recent relative outperformance is likely due to positive oil price exposure, and less stretched price and positioning compared to...
FxWirePro: Hedge USD/TRY exposures on CBT’s potential rate hike
May 16, 2018 12:54 pm UTC| Research & Analysis Central Banks Insights & Views Technicals
With USDTRY punching through the 4.40 level yesterday but for today the failure swings are observed, as a result, shooting star candle pattern is most likely. Moving forward, we are one step closer to CBT having to use an...
FxWirePro: Gamma significance amid EUR/USD’s sharp slumps
May 16, 2018 12:17 pm UTC| Research & Analysis Insights & Views
Seasonally vol soft April turned out to be anything but soft. The US yield curves return to the forefront first in the form of concerns about yield curve flattening and inversion and later on in form of anticipation of the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight