Moody's changes outlook on Uruguay's rating to negative; affirms government bond rating at Baa2
Jun 22, 2016 23:29 pm UTC| Research & Analysis
Moodys Investors Service has today affirmed the government of Uruguays Baa2 issuer and government bond ratings and changed the outlook to negative from stable. The governments senior unsecured government bond ratings were...

FxWirePro: FX option positioning of USD/TRY on Brexit win scenario
Jun 22, 2016 10:33 am UTC| Research & Analysis
The campaign surrounding the EU referendum is on the home straight. In less than 24 hours, the polling stations will open and the British electorate will start to decide on the membership of Great Britain in the...

FxWirePro: Hedge NZD/USD via 3 way straddles versus put over RBNZ and Fed uncertainties
Jun 22, 2016 09:39 am UTC| Research & Analysis
New Zealands upbeat GDP reduces prospects of OCR cut, so as US CPI for Fed hikes. NZ produced the upbeat GDP QoQ numbers last week, actual 0.7% versus forecasts at 0.5%. On the flip side, Feds deferral on rate hiking...
Jun 22, 2016 07:34 am UTC| Insights & Views Research & Analysis
NZ produced the upbeat GDP QoQ numbers last week, actual 0.7% versus forecasts at 0.5%. New Zealand economy advanced a seasonally adjusted 0.7 pct in Q1 of 2016, following 0.9 pct expansion in the previous period and...

Jun 21, 2016 13:22 pm UTC| Research & Analysis
Short the extreme EUR/JPY skews as shown in the diagram. The next two months would observe numerous developments, including notably the UK referendum outcome. Expression: The EUR/JPY 2m risk reversal is trading at...

Jun 21, 2016 11:49 am UTC| Research & Analysis
This is justa review of the short put ladder option strategy that was advocated on exactly a week ago (14th June). Before we begin please follow below weblink for our previous option recommendation on this...

Jun 21, 2016 07:05 am UTC| Research & Analysis
The Reserve Bank of Australia released its June meeting minutes that provided the same message the bank delivered in its post-meeting statement. It implied just a slight easing bias. Indeed, the strong economic activity...