Moody's: Rising emerging market debt increases risks; Middle East and Africa least vulnerable
Jul 20, 2016 23:44 pm UTC| Research & Analysis
Emerging market economies are becoming increasingly vulnerable to external shocks after a decade-long build-up of debt, says Moodys Investors Service in a report. The Middle East and Africa region on average has the lowest...

FxWirePro: Stay long in USD/TRY via diagonal call spread amid Turkish political turmoil
Jul 20, 2016 11:43 am UTC| Research & Analysis Insights & Views
The resurgence in political risks as coups fall-out escalates political risk has returned to Turkey with a vengeance, with negative domestic developments unfolding at break-neck speeds in the aftermath of Fridays failed...

Jul 20, 2016 10:01 am UTC| Research & Analysis Insights & Views
OTC outlook: The 1m implied volatilities are screaming off as the major euro crosses have tumbled considerably ahead of the expectations from tomorrows dovish moves by ECB. The skewness in 1m IVs displays the...

Jul 20, 2016 07:13 am UTC| Research & Analysis Insights & Views
Kiwi dollar gains after GDT price index that measures the change in the average price of dairy products sold at auction has improved from previous -0.4% to 0.0%. It is the major contributor to the Kiwis trade...
Moody's: Spanish mortgage borrowers full recourse condition is robust, despite recent policy change
Jul 19, 2016 23:54 pm UTC| Research & Analysis
In Spain, conditions that guarantee the payment of a mortgage loan if the sale of the property at auction yields an amount that is lower than the outstanding debt (full recourse) are being weakened, says Moodys Investors...

Jul 19, 2016 10:45 am UTC| Research & Analysis Insights & Views
Market analysts attributed therise in gold prices at futures trade to positive global cues. As we previously explained when we recommended going long Dec16 CME gold, we believe the constructive environment for relative...
Jul 19, 2016 08:13 am UTC| Research & Analysis
The UKs creditworthiness is under downward pressure following the decision to leave the European Union, says Moodys Investors Service in a report just published. Uncertainty surrounding the UKs withdrawal from the EU will...