US Election Series

In acceptance speech, Trump embraces role as hero of the forgotten

Jul 22, 2016 06:09 am UTC| Insights & Views Politics

Donald Trump accepted the Republican nomination for the presidency in a speech destined to be remembered by history as the I am your voice speech a phrase that Trump repeated several times to tie together his themes of...

Asia’s 'shoot-to-kill' republic?The rising body count of the Philippines’ 'war on drugs'

Jul 22, 2016 06:05 am UTC| Insights & Views Law

Heres a snapshot of what a coalition of Philippines human rights groups describe as a surge of extrajudicial killings of suspected criminals and drug offenders. 2.50am July 14: Unidentified drug suspect #43 | San Juan...

FxWirePro: Early hedging bets on CNY’s further weakness as commodity prices and capital market jitters spread across China

Jul 21, 2016 12:36 pm UTC| Insights & Views

Q2 was marked by a continued depreciation of the yuan, both against the USD and in trade-weighted terms. But markets have remained calm on the back of lower volatility in the Chinese currency, steady growth (+6.7% GDP...

FX Hedging Strategy Series

FxWirePro: 1w EUR/CAD IVs keep option writers on upper hand in choppy range - Naked strangle shorts eyeing on tepid IVs to derive certain yields

Jul 21, 2016 11:33 am UTC| Insights & Views

Please be noted that the 1m IVs have been tepid, a tad above 8.5%, skews in these IVs have been puzzling on either side (upper strike 1.4550 and lower strikes at 1.4240 levels. Also, be advised that the narrow range...

Lingering political uncertainty to weigh on capital inflows into Turkey

Jul 21, 2016 11:01 am UTC| Insights & Views Economy

Turkeys cabinet decided to propose a State of Emergency (SoE) after a recommendation from the State Security Council yesterday. The state of emergency allows President Erdogan to rule by decree for three months, limit...

FX Hedging Strategy Series

FxWirePro: “Bitmex to mitigate euro FX risks” ahead of ECB’s strengthened dovish tones owing to brexit and snail’s pace in inflationary pressures

Jul 21, 2016 08:22 am UTC| Insights & Views Central Banks

In this write-up, we basically aim to highlight the potential risks that drive euros depreciation concerns and efficient hedging vehicle. First foremost, it is likely that the ECB would need to strengthen its dovish...

FX Hedging Strategy Series

FxWirePro: Crude inventory spurs impetus to intermediary bulls – “PRBS” times WTI prices, now switch over to “Verticals Spreads”

Jul 21, 2016 08:01 am UTC| Insights & Views

Crude stocks drew by 2.3 Mb (vs. -2.0 Mb expected), and Cushing saw a small build of 0.2 Mb (vs. -0.1 Mb expected). Weekly refinery runs jumped by 319 kb/d to 16.86 Mb/d, while 4w av. runs remained flat at 16.70...