FxWirePro: Uphold bullish exposure in EURJPY via call RKO on shrinking IVs and 1m skewness
Sep 15, 2017 07:05 am UTC| Research & Analysis Insights & Views
Please be noted that the implied vols of EURJPY crosses have been shrinking lower in spite of next weeks BoJ monetary policy announcement and Euro zones trade balance. 1m IVs are shrinking below 8.4%. Euro area CPI, PMIs...
Moody's: Philippines' credit profile balances sound fundamentals against structural challenges
Sep 15, 2017 01:56 am UTC| Research & Analysis
Moodys Investors Service says that the credit profile of the Philippines (Baa2 Stable) balances sound economic and fiscal fundamentals against structural challenges to competitiveness and rising political risks. We...
FxWirePro: Thai baht outperforms among EM Asia - Roll over USD/THB NDFs on neutral valuations
Sep 14, 2017 13:21 pm UTC| Research & Analysis Insights & Views
Thai currency has been continually outperforming among EM Asia FX space, consolidation by 8% this year and outperformance should continue over the coming months on large current account balance, foreign inflows, stable...
FxWirePro: Fair evaluation of crude’s inventory reports and hedging strategy for WTI prices
Sep 14, 2017 13:11 pm UTC| Research & Analysis Insights & Views
In this weeks report, for the second consecutive reporting week, Hurricane Harvey had a major impact on the weekly statistics; therefore, they should still be interpreted with a degree of caution, while the report...
FxWirePro: CBRT maintains status quo - Alluring TRY valuations in yield-hunting and hedging setup
Sep 14, 2017 12:30 pm UTC| Central Banks Research & Analysis Insights & Views
The Central Bank of Turkey held its benchmark one-week repo rate at 8 pct today as widely expected. Policymakers said the economic recovery has gained strength boosted by domestic and external demand from the EU countries...
FxWirePro: SNB stays pat, a glimpse over BoE MPC and GBPCHF – EURCHF vol spreads
Sep 14, 2017 10:44 am UTC| Central Banks Research & Analysis Insights & Views
Swiss National bank maintains status quo in its Libor rate (keeping rate on hold at -0.75%) which is widely expected. Weve already mentioned in our recent posts that the recent developments in the Swiss franc have been...
Sep 14, 2017 10:06 am UTC| Research & Analysis Insights & Views
Please be noted that the positively skewed IVs of GBPJPY of 1m tenors signify the hedgers interests in OTM put strikes. Whereas IVs of these tenors are just shy above 9.67% which is the highest among G7 currency space,...
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