FxWirePro: Cyclical hedging of Norwegian krona on disappointing developments
Apr 18, 2017 02:47 am UTC| Research & Analysis Insights & Views
We are downgrading the cyclical outlook for NOK this month following a number of disappointing developments. These range from the renewed volatility in the oil price and attendant risk that the OPEC production agreement...
FxWirePro: What does bullish gold hedging mean for you?
Apr 18, 2017 02:23 am UTC| Research & Analysis Insights & Views
When we initiated longs in May17 CME gold at 1250 and silver at a price of $16.88/oz on March 15, 2017, we took the further boost in prices last week as an opportunity to exit our long recommendation at a profit of more...

FxWirePro: Indian fiscal and monetary policy to stabilize INR – Hedging Perspectives
Apr 18, 2017 02:10 am UTC| Insights & Views
The demonetization in November 2016 temporarily plunged economic activity in India into chaos. But the effects on the economy have been more muted than expected and should be fully overcome by Q2 2017. The economy looks...
Turkey's constitutional referendum: experts express fear for a divided country
Apr 17, 2017 14:01 pm UTC| Insights & Views Politics
Unofficial results from Turkeys April 16 constitutional referendum show that President Recep Tayyip Erdoğan has won the right to expand presidential power. The yes campaign has won 51.37% of the votes while no has...

China's overall growth trajectory likely to moderate over the next few quarters
Apr 17, 2017 11:29 am UTC| Insights & Views Economy
According to data published by the National Bureau of Statistics (NBS) on Monday, Chinas Q1 2017 GDP grew by 6.9 percent y/y, beating forecasts for a 6.8 percent rise. On an annualized basis, Chinas growth slowed it pace...
Apr 17, 2017 10:33 am UTC| Research & Analysis Insights & Views
The South African economy still faces persistent headwinds. We forecast a growth rate of only 0.8% for 2017. In 2018, growth should not come in significantly higher; we see it at 1.5%. However, the focus is currently on...

Apr 17, 2017 06:19 am UTC| Research & Analysis Insights & Views
AUDUSD contained in a 0.7600-0.7700 range. The pair in medium term perspectives seems to be at risk of testing 0.7600 during the next few days as USD longs are pared. However, in the longer term, we expect to see it...