
Sep 13, 2016 13:15 pm UTC| Insights & Views
Crude prices extend losses Tuesday on thebearish report by IEA. In its September report, the IEA noted a slowdown in demand. As a result, the market is likely to remain oversupplied next year. Its 2016 forecast for...

A glimpse on US elections, 3m FX HVs and IVs
Sep 13, 2016 12:53 pm UTC| Insights & Views Research & Analysis
The US polls currently give Clinton a 2-5 point advantage over Trump. Polls also highlight a near-record lack of trust in government, which increases the risk of a surprise anti-establishment vote. In the floating...

Upbeat Chinese data dump lowers downside risk for Q3 GDP
Sep 13, 2016 11:59 am UTC| Insights & Views Economy
Chinas economy picked up steam in August, as demand rebounded on higher government spending and a year-long credit and property boom. Chinas August activity data which came in stronger than expected, following a set of...

FxWirePro: MXN cheap valuation versus crude oil, US polls and 1m-3m ATM tenors
Sep 13, 2016 08:43 am UTC| Research & Analysis Insights & Views
The MXN is around two standard deviations cheap versus oil prices as you can observe in the above chart (based on a weekly regression of FX and oil prices since 2014), while the rest of G10 and EM oil-driven currencies are...

FxWirePro: Taiwanese dollar appears to be more rates sensitive – Uphold USD/TWD longs
Sep 13, 2016 07:11 am UTC| Central Banks Insights & Views
We emphasize potential trading opportunities related to anomalies or dislocations in emerging market currencies. TWD has been too strong versus rate differentials, The TWD is more correlated to interest rate...

Sep 13, 2016 06:38 am UTC| Research & Analysis Insights & Views
As the delta risk reversals of EURJPY have again shown in bullish interests as the progressive increase in positive numbers to signify the traction for short term upside sentiments in 1w expiries but no changes for further...

FxWirePro: Directional traders short USD/BRL gamma via calendar spreads
Sep 12, 2016 12:46 pm UTC| Insights & Views
One of a handful of currencies where we do not mind earning the fat vol carry on offer is BRL. Front-end USDBRL vols have popped higher over the past two weeks alongside a bounce in thespot, and are once again packing in a...