FxWirePro: OTC bullion sensitivity tools indicates short-term hassles and long term bullish risks - Place “Calendar Straddle” to hedge gold prices

May 12, 2017 07:55 am UTC| Research & Analysis Insights & Views

Fundamental outlook: Gold prices have tumbled from the highs of peaks of 1295.14 to the recent lows 1215 levels or 6.2% in just three weeks, held near their lowest level in around eight weeks amid growing expectations for...

FxWirePro: Massive shrink in EUR/USD vols but don’t be trapped – Bid conditional topside vols, luring effects on 1y Ccy swaps

May 12, 2017 06:33 am UTC| Research & Analysis Insights & Views Central Banks

The EURUSD vols have been belligerently sold off in the aftermath of the French presidential election. The markets hailed the election of Macron, shielding a very pro-European programme. The majority of the risk was...

Moody's: Papua New Guinea's B2 rating reflects significant pressure on government financing and external liquidity

May 12, 2017 02:55 am UTC| Research & Analysis

Moodys Investors Service says that Papua New Guineas (PNG) B2 rating and stable outlook reflect significant pressure on government financing and external liquidity amid structurally low commodity prices and continued weak...

Moody's: Kazakhstan's Baa3 rating balances low debt burden against credit challenges

May 12, 2017 00:24 am UTC| Research & Analysis

Kazakhstans Baa3 rating with a negative outlook is supported by its relatively large economy, low public debt burden and substantial fiscal reserves, Moodys Investors Service said in a recently published report. Its main...

Moody's: Australia's budget supports country's fiscal strength, but deficit likely wider than government expects

May 11, 2017 23:54 pm UTC| Research & Analysis

Moodys Investors Service says that Australias budget for the fiscal year ending 30 June 2018 (FY2018) supports Moodys assessment of the sovereigns very high fiscal strength, but the countrys deficit will likely prove wider...

FxWirePro: Deploy naked straddle shorts in USD/TRY on reasonable IVs

May 11, 2017 12:35 pm UTC| Central Banks Research & Analysis Insights & Views

USDTRY has been slightly volatile in recent days, but ultimately range-bound. Investors should watch the exchange rate closely going forward as the demand for dollars has shot up in the banking system. Recently, CBTs...

FxWirePro: Tailored Vega in GBP/NZD “ATM Straddles” for speculative trend on super Thursday and “Credit Call Spreads” on hedging grounds

May 11, 2017 09:38 am UTC| Central Banks Research & Analysis Insights & Views

The two main overnight movers were the NZD and the CAD. The NZD is under pressure on the back of dovish rhetoric from Governor Wheeler, while the CAD reversed its oil price following gains after Moodys downgraded several...