Africa must do more to harness young people's entrepreneurial drive

Aug 12, 2016 08:50 am UTC| Insights & Views Life Business

As the world marks International Youth Day on August 12, its important to consider the role that African youth can play in driving sustainable development. Theres no doubt that given the right tools young people have the...

FxWirePro: GBP/AUD bears travel enough (>61.8% fibos), it is a halt? - Diagonal tenors in “long put ladders” to fetch certain yields even in choppy range

Aug 12, 2016 08:31 am UTC| Research & Analysis Insights & Views

As stated in our earlier post on this pairs technical lines, bears have extended slumps below 61.8% Fibonacci retracements and major downtrend still seems bearish despite abrupt upswings. You can refer below weblink for...

FX Hedging Strategy Series

FxWirePro: GBP/JPY ATM IVs (1M x 3M) lure both option writers and holders – PRBS with sensitivity tools to brief hedging dimensions

Aug 12, 2016 06:57 am UTC| Insights & Views

Hedging GBPJPY further downside risks with Put Ratio Back Spreads (PRBS): The ATM IVs of GBPJPY of 2W expiries are at just tad above 12%, and 13.50% for 3M tenor. Although the momentum in short term bear trend is...

FX Hedging Strategy Series

FxWirePro: PRBS right choice for USD/MXN hedging vehicle as Banxico likely to stand pat

Aug 11, 2016 13:07 pm UTC| Central Banks Insights & Views

Todays rate meeting should see rates left on hold at 4.25% by Banxico. At the June meeting, Banxico raised rates by a surprising 50 bps and in the meantime MXN at least didnt depreciate further. The central bank of...

FX Hedging Strategy Series

FxWirePro: Fragile economic flashes from Germany, Italy, and France in traumatic Eurozone - EUR/CAD sensitivity tools to optimize hedging

Aug 11, 2016 12:46 pm UTC| Insights & Views

German industrial production missed the forecasts to disappoint the analysts in Eurozone, actual 0.8% versus forecasts at 0.9%. Germany posted EUR 21.7 billion trade surplus in July of 2016 against forecasts at 23.2B as...

Unexpected spike in Norway inflation reduces chances of a rate cut in September

Aug 11, 2016 11:41 am UTC| Insights & Views Economy Central Banks

Norways core inflation surged to record highs in July, dampening Norges Banks rate cut speculation. Norways core inflation, as measured by the CPI-ATE unexpectedly surged to 3.7 percent y/y in July, up from 3.0 percent in...

FX Hedging Strategy Series

FxWirePro: CNY responds to PBoC’s one-off devaluation mechanism as desired - Hedge further depreciating risks

Aug 11, 2016 10:00 am UTC| Central Banks Insights & Views

PBoCs interventions to depreciate CNY seems to be successful as the Chinese central bank (PBoC) continues to weaken its currency via the fixing, the fixing rates are generally in line with what the fixing model suggests so...