Grime launches a revolution in youth politics
Jun 13, 2017 14:17 pm UTC| Insights & Views Politics
It became clear on June 9 that Conservative Prime Minister Theresa Mays decision to call a snap election was ill judged. This election has highlighted the disregard for the many that government should serve, and after an...
Why the hung parliament spells economic turbulence for the UK economy
Jun 13, 2017 14:12 pm UTC| Insights & Views Politics Economy
Theresa Mays snap election wager has backfired. The supposed Brexit election was intended to signal the publics support for the prime ministers approach to the UKs departure from the European Union. Instead, it has left...

FxWirePro: Why do Loonie seem vulnerable? Cover USD/CAD exposure risks with covered call strategy
Jun 13, 2017 13:10 pm UTC| Research & Analysis Insights & Views
Last Friday, the front end of the Canadian rates market priced a 30% chance that rates would go up this year. One speech from BOC Senior Deputy-Governor Carolyn Wilkins later, and pricing is over 50%. She cited broadening...
FxWirePro: Strategic derivatives trades in global equities and FX space in H2’2017
Jun 13, 2017 12:54 pm UTC| Research & Analysis Insights & Views
In the US, despite the good economic backdrop, equity volatility has moved into oversold territory, and we illustrate this with a number of examples including an analysis of the business cycle. We advise caution in the...

Lack of underlying price pressures likely to keep BoJ on its accommodative policy path
Jun 13, 2017 12:38 pm UTC| Insights & Views Economy Central Banks
Japan real GDP is growing at an above-trend pace and the job market is on fire with labour market conditions at levels not seen for several decades. However, underlying price pressures are just not building. Japanese...

FxWirePro: Cost-effective optionality structure to arrest RUB correction
Jun 13, 2017 10:52 am UTC| Research & Analysis Insights & Views
We turn bearish in RUB on the concern of commodity headwind and seasonally weaker current account outlook over the summer. We are more cautious of the commodity exporter, as terms of trade are unlikely to be favorable for...

FxWirePro: Beware of RUB correction and fetch benefits of high skew
Jun 13, 2017 09:55 am UTC| Research & Analysis Insights & Views
Please be noted that the IVs of RUB are the highest among G20 currency space. The volatility parameters favor structures that sell topside skew to cheapen up bullish USDRUB exposure. Being long USDRUB is a good hedge for a...