
May 19, 2016 06:46 am UTC| Research & Analysis
The front end in the US has finally started to move. After more hawkish minutes, a stronger US inflation print, and a raft of Fed speakers warning of the possibility of up to two hikes this year, June and July are becoming...
Moody's: Global growth to remain muted as emerging markets weigh on US, advanced economies
May 19, 2016 01:45 am UTC| Research & Analysis Economy
Weak growth in emerging markets, driven by low commodity prices and weak export demand, will continue to act as a drag on the global economy this year, says Moodys Investors Service. Moodys has lowered its 2016 growth...
Fitch: Another Wave of E&P Bankruptcies Hits Default Rate
May 18, 2016 14:17 pm UTC| Research & Analysis
The exploration and production (EP) trailing 12-month (TTM) U.S. high yield bond default rate is at a record 27% due to bankruptcy filings during the past week by four EP companies: SandRidge Energy, Breitburn Energy, Penn...
FxWirePro: WTI’s progressive D/S equation - Hedge upside risks via 3-way straddle versus OTM puts
May 18, 2016 11:20 am UTC| Research & Analysis
Global crude prices have been easing from last week. WTI crude futures for June delivery on the NYME dipped 11 cents, or 0.23%, to trade at $48.20 a barrel by 07:55GMT. Crude prices held near the prior sessions 7-month...

May 18, 2016 07:08 am UTC| Research & Analysis
Markets are focused on the FOMC minutes and US labor market prints. A weak headline jobs print, with soft wage growth will reinforce the weaker USD trend of late. Yesterday, we saw mixed bag numbers in manufacturing...

FxWirePro: Hedge renewed AUD weakness upon risks of RBA’s easing cycle
May 17, 2016 13:50 pm UTC| Research & Analysis Central Banks
The RBA doesnt seem to have finished cutting interest rates, and markets should refocus on China woes in H2. AUD/USD is lagging the dovish pricing of rates, the technical picture shows vulnerability and long positioning is...

FxWirePro: Straddles to hedge GBP/CAD uncertainties exploiting on mounting 2M IVs
May 17, 2016 11:04 am UTC| Research & Analysis
We continue to maintain our bearish stances as the ongoing downtrend to prevail further ahead of todays economic numbers such as BoEs inflation report, PPI and preliminary GDP QoQ. Glimpse on UK Fundamentals: We...