Shedding some light on US IRS and exotics hedging flows
Apr 27, 2018 11:22 am UTC| Research & Analysis Central Banks Insights & Views
The US 10Y Treasury yield slipped from its four-year high of 3.03% to 2.98%, with most of the move occurring before the ECB decision. 2Y yields nudged higher, from 2.47% to 2.49%, to help flatten the curve. Fed fund...
FxWirePro: Call ratio spreads to tackle EUR/GBP tepid IVs
Apr 27, 2018 10:05 am UTC| Research & Analysis Insights & Views
Before we proceed further, lets just quickly glance at IV nutshell and please be noted that the 1m EURGBP IVs are shrinking below 6.43% which is the least among G7 FX bloc with bullish neutral risk reversals. The...
FxWirePro: Bullish/bearish scenarios and FX derivatives trade perspectives of EUR/GBP
Apr 27, 2018 09:46 am UTC| Research & Analysis Insights & Views
Bearish EURGBP scenarios if: 1) Euro growth fails to rebound above 2% 2) EUR appreciation and/or sluggish core CPI delays ECB policy normalization 3) Eventual repatriation by US corporates 4) A Parliamentary...
CFTC guidance on Blockchain implementation for regulatory framework of swap derivatives contracts
Apr 27, 2018 05:09 am UTC| Research & Analysis Insights & Views Digital Currency Fintech
The Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo today released a white paper on Swaps regulation. In this white paper, Swaps Regulation Version 2.0. Entitled was published, where an...
Apr 27, 2018 03:50 am UTC| Research & Analysis Insights & Views
NZ trade data for March is out. A small surplus (similar to Febs $217m) is expected, an increase in exports outpacing higher imports. AUDNZD has been oscillating between a tight range of 1.1425 and 1.0190 levels, but in...
FxWirePro: Add hedging tool to KRW’s softness on mixed bag of South Korean fundamentals
Apr 26, 2018 12:52 pm UTC| Research & Analysis Insights & Views
The South Korean economy has witnessed 2.8% y/y in the Q1 of 2018, a notch lower than market consensus at 2.9%. QoQ growth maintains a decent pace at seasonally adjusted 1.1%. At first glance, growth numbers look...
Apr 26, 2018 12:19 pm UTC| Research & Analysis Insights & Views
We have been carrying a long BRLJPY vs short USDBRL6M vol spread for a couple of months now with admittedly not much P/L to show for it despite timing entry just before the VIX shock; nonetheless, we believe this vol...
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