FxWirePro: Gamma back in action in tandem with softness in VXY and US yields
May 01, 2018 10:26 am UTC| Research & Analysis Insights & Views
Majority of the Asian markets are shut down for a labor holiday today. Those markets that are open are little changed following modest declines on Wall Street. The oil price is higher with Brent crude close to $75bbl on...
FxWirePro: Bullish, bearish scenarios, OTC outlook and hedging alternatives of GBP/JPY
May 01, 2018 07:44 am UTC| Research & Analysis Insights & Views
Bearish GBPJPY scenarios: 1) The BoE passes on a May hike; 2) Core CPI continues to moderate and wages remain sticky below 3%; 3) The UK and EU fail to agree on the Irish border, leading to a non-negotiated...
FxWirePro: CBR shifts policy sentiments but uphold USD/RUB hedging portfolios with conviction
Apr 30, 2018 12:10 pm UTC| Research & Analysis Central Banks Insights & Views
CBR maintained status quo in its monetary policy, the base rate was on hold at 7.25% on Friday which was widely anticipated. There was little astonishment in the banks changed assessment that room for further rate cuts has...
Apr 30, 2018 11:35 am UTC| Technicals Research & Analysis Insights & Views
EURCHFs major trend has retraced from the lows of 0.9651 levels to the current 1.1970 levels. But the uptrend that was stuck in the range from last three-four months, bulls in this month have managed to break out the...
Moody's publishes FAQ on the impact of IFRS 9 accounting standards on European banks
Apr 30, 2018 10:38 am UTC| Research & Analysis
The early disclosures by large European banks on the impact of the new IFRS 9 accounting framework show that impact on capital levels has been limited thus far, says Moodys Investors Service in a report published today....
Apr 30, 2018 09:49 am UTC| Research & Analysis Insights & Views
Bearish EURUSD scenarios: 1) Growth fails to rebound above 2%; 2) EUR appreciation and/or sluggish core CPI delays ECB policy normalization 3) Eventual repatriation by US corporates. Bullish EURUSD...
FxWirePro: Unregulated Utility Tokens seemed to have been appraised by CFTC chief
Apr 30, 2018 07:14 am UTC| Research & Analysis Insights & Views Digital Currency
In a speech, delivered by CFTC commissioner Quintenz seems to embrace the concept of unregulated utility token. Brian Quintenz, of the Commodity Futures Trading Commission (CFTC), addressed the topic of cryptocurrencies...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects