Nov 08, 2017 09:32 am UTC| Research & Analysis Insights & Views
Crude prices have been slightly edgy despite todays rallies as the Chinese crude imports skidded to their lowest level in a year, although traders mentioned the overall market remains well braced because of OPEC-led supply...

FxWirePro: A run up on NZ key fundamentals ahead of RBNZ - NZD options trades perspectives
Nov 08, 2017 06:58 am UTC| Central Banks Research & Analysis Insights & Views
NZD traders focus shifted onto RBNZ that is scheduled to announce its monetary policy after the inflation expectations in New Zealand decreased to 2 pct in the Q42017 from 2.10 pct in the Q32017, while the GDT-TWI fell...

FxWirePro: Be choosy for gamma ownership amid Vega neutral scenario
Nov 07, 2017 13:37 pm UTC| Research & Analysis Insights & Views
The Vega-neutral vol curve flatteners for selective gamma ownership: With a few exceptions, ex-ante carry margins for gamma shorts have shrunk to wafer-thin levels as front-end implied vols have squeezed lower towards 2H17...

FxWirePro: Jump on the bandwagon and keep RBNZ at bay via directional options play
Nov 07, 2017 10:58 am UTC| Research & Analysis Central Banks Insights & Views
All NZD traders focus shifted onto RBNZ that is scheduled to announce its monetary policy after the inflation expectations in New Zealand decreased to 2 pct in the Q42017 from 2.10 pct in the Q32017.While GDT price index...
FxWirePro: Stay short in EUR/CNK as CNB’s rate hiking cycle in 2018 seems imminent
Nov 07, 2017 09:36 am UTC| Central Banks Research & Analysis Insights & Views
In this write-up, we emphasize on shorting in EURCZK via 3-month forwards, which is currently trading at 25.6214. We target a 4% move lower to 24.5965 and place a stop loss at 26.0057. Our trade horizon is 6-12 months. The...

FxWirePro: Latest gamma and spot FX developments after recent central bank actions
Nov 07, 2017 09:08 am UTC| Central Banks Research & Analysis Insights & Views
The central bank events are delivering: BoC and ECB have been at the vanguard of reshaping non-US rate expectations this year, and their easing up on policy normalization rhetoric in October sparked good-sized spot swings...

Nov 07, 2017 07:53 am UTC| Research & Analysis Insights & Views
AUDUSD short term medium term perspectives:in near term, bears lingering for it to breach below 0.7673 where a strong support is observed, RBA maintained status quo in its cash rate which is widely anticipated to be...