Anti-Trump backlash at US by-elections
Apr 12, 2017 14:44 pm UTC| Insights & Views Politics
Today, a by-election was held in Kansas fourth Congressional District (CD) for election to the US House. This CD is very conservative, and voted for Donald Trump by 60-33 against Hillary Clinton at the 2016 election. At...

FxWirePro: Insights on MAS’s SGD NEER implications – USD/SGD low IV yielder via debit put spreads
Apr 12, 2017 13:52 pm UTC| Central Banks Research & Analysis Insights & Views
The instrument of monetary policy in Singapore is the nominal effective exchange rate (NEER) rather than a market interest rate. This is because of the small and open nature of the economy with free capital movement. The...

Swedish inflation at 5-month low in March, Riksbank tightening measures still long way off
Apr 12, 2017 12:08 pm UTC| Insights & Views Economy Central Banks
Swedens inflation eased more than expected to a five-month low in March. Swedens inflation fell to 1.3 percent in March, missing expectations at 1.5 percent in a Reuters poll, data released by Statistics Sweden showed on...

Apr 12, 2017 11:02 am UTC| Research & Analysis Insights & Views
The most focused on the political event in Euro area this year the French elections are approximately a month away. Our forecast assumes that mainstream parties prevail, which combined with a less dovish ECB should...

FxWirePro: Counting down to the French polls - Stay bearish GBP via a long 2m EUR/GBP call spread
Apr 12, 2017 10:36 am UTC| Research & Analysis Insights & Views
The most focused on political event in Euro area this year the French election is now exactly a month away. Our forecast assumes that mainstream parties prevail, which combined with a less dovish ECB should eventually...

FxWirePro: Euro options trades perspectives - RKIs and put flies for EUR/USD and EUR/CAD
Apr 12, 2017 09:32 am UTC| Research & Analysis Insights & Views
With limited room for Euro appreciation and the near certainty of a vol slump in the event of a Macron victory, long delta/short vega strategies such as EUR call flies appeal, and are well-priced in EURUSD and EURCAD....

Apr 12, 2017 06:47 am UTC| Research & Analysis Insights & Views
JPY has broadly appreciated against the major currencies. The Japanese currency has reached the highest levels since last November both against USD and trade-weighted terms (refer above chart). After the FOMC...