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Amid highly volatile economic environment, shielding currency exposure has become too risky than before. In this series we provide an intelligent insights and analysis on actionable FX derivative strategies that serve different levels of risk appetites and returns.

FX Hedging Strategy Series

FxWirePro: GBP/CAD gut check with bears as major downtrend appears still fragile despite sharp spikes – Stay short in mid-month futures and tunnel spreads

Jan 18, 2017 07:22 am UTC| Technicals

The bearish pressure is observed in this pair again, despite vigorous upswings bulls restrained at resistance, consequently, bearish swings resume (refer daily chart). Any break below 7DMA 1.5964 to bring in more bearish...

FX Hedging Strategy Series

FxWirePro: Gold keeps glittering despite ETF liquidation and hawkish rate projection, IV skews indicate upside risks – Smart hedge via diagonal straps

Jan 17, 2017 07:58 am UTC| Research & Analysis

Stay long Feb17 CME gold Following the December Fed hike, macro markets broadly reacted meaningfully to the more hawkish rate projection, with gold specifically selling off to $1,213/oz. This price level for gold made us...

FX Hedging Strategy Series

FxWirePro: Can CNB exit EUR/CZK floor – Safeguard FX exposures via forwards contracts

Jan 16, 2017 13:40 pm UTC| Central Banks

The domestic macro pressures are increasing pressure on the CNB to exit the EURCZK floor. In our view, upside inflation surprises and stronger growth momentum warrant a shift towards tighter monetary policy, which should...

FX Hedging Strategy Series

FxWirePro: Is it mispricing in EUR/USD/JPY IV skews

Jan 16, 2017 11:35 am UTC| Research & Analysis Insights & Views

The EUR/JPY volatility surface is offering very attractive opportunities because the skew on the 6m and 1y is currently excessive (refer 4th graph). Where IV skews seem to be mispricing, which is why implied vols of this...

FX Hedging Strategy Series

FxWirePro: What after FED hikes and hints of hawkish tones - Treasury yields, ETF liquidation, and Gold trade perspectives

Jan 11, 2017 06:04 am UTC| Insights & Views Central Banks

This write up emphasizes the upholding longs in Feb17 CME gold futures following the December Fed hike, macro markets broadly reacted meaningfully to the more hawkish rate projection, with gold specifically selling off to...

FX Hedging Strategy Series

FxWirePro: Turkish inflation goes against CBRT projections yet again, lira still seems vulnerable – Try long in USD/TRY via option trades

Jan 10, 2017 12:36 pm UTC| Research & Analysis Central Banks

The 1.64% MoM increase in CPI was far above the 0.9% market consensus. Strong FX pass-through and some idiosyncratic factors, including a jump in egg prices, led to a much sharper-than-expected increase in headline CPI...

FX Hedging Strategy Series

FxWirePro: Yen gains capped on JGB yields as USD/JPY carries highest beta to UST – Stay short in AUD/JPY on cyclical effects via one touch calendar spread

Jan 10, 2017 11:01 am UTC| Commentary

After all the uncertainty about Trumps future plans for the economy is still high at present so that some doubts about the Trumpflation story are justified. The markets have been squarely focussed since the election on...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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