FxWirePro: Delta calls for USD/TRY hedging on hawkish CBRT’s revised inflationary forecasts
Jan 31, 2018 13:02 pm UTC| Research & Analysis Central Banks Insights & Views
In its latest Inflation Report, CBRT did the obvious and revised up its year-end inflation forecast from 7% to 7.9%. But, this compares with market expectations in the 9% range. CBRT also revised up its end-2019 inflation...
FxWirePro: USD/BRL/JPY vega spreads to tackle high beta JPY
Jan 31, 2018 12:37 pm UTC| Research & Analysis Insights & Views
The weak US dollar was the chief driver of the bounce, accounting for almost three-quarters of the rise in the value of global reserves. Beyond dollar weakness, global imbalances remain persistent and have been another...
FxWirePro: A bird’s eye-view on global crude forecasts turning the table and WTI-Brent spreads
Jan 31, 2018 11:01 am UTC| Research & Analysis Insights & Views
If you glance through the crude oil prices (Brent) that have risen by 16% especially in 4Q17 and over 13% since mid-December 2017. Given the latest rally swiftly catching up on two of our last upward revisions, we have...

FxWirePro: A glimpse though FX options market amid Italian election risks
Jan 31, 2018 08:34 am UTC| Research & Analysis Insights & Views
There is a late swing in the Italian opinion polls in favour of MS5. While holding forecasts unchanged, we have established a decent long EUR position in the macro portfolio (vs JPY, NZD, and an EURUSD proxy). The...

FxWirePro: AUD/JPY hedging vehicles for risk averse and aggressive traders on bearish risk scenarios
Jan 31, 2018 07:21 am UTC| Research & Analysis Insights & Views
Bearish AUD scenarios: 1) The unemployment rate moves back towards 5.75%, raising risks that the RBA responds to a weakening labour market; 2) The Fed responds to firm labour market outcomes and above-trend growth by...
Jan 30, 2018 14:04 pm UTC| Research & Analysis Insights & Views
The Treasury Department released a list of 114 senior foreign political figures with close ties to Vladimir Putin and 95 oligarchs; and also presented two classified reports to Congress one listing other potential entity...

Why the e-cigarette industry needs global regulations
Jan 30, 2018 13:49 pm UTC| Insights & Views Law
The e-cigarette industry has been increasingly viewed as one of the most disruptive changes in the tobacco market, with vapes now commonly perceived as an alternative to traditional tobacco products. In my own survey of...