Jun 29, 2015 10:18 am UTC| Insights & Views
Euro zone and Greece face biggest challenge over the next two months as existence of the Euro zone in its original form is in doubt. Over the weekend, possibility of Greece exiting the Euro zone has increased...
PBOC’s weekend action fails to cushion Shanghai rout
Jun 29, 2015 08:10 am UTC| Insights & Views
Peoples Bank of China (PBOC) over the weekend taken steps to provide further relief to debt burden and ailing economy. PBOC this year has been quite aggressive in easing so far this year, however Fridays 7% drop could...
Greece opinion polls interested in creditors’ proposals, Govt. looks tepid; ECB to intervene
Jun 29, 2015 07:53 am UTC| Insights & Views
It has been spotted out that the most latest Greek opinion polls positions to admit to the creditor proposal, but all surveys were conducted before the government recommended a No vote.Greeces PM Tsipras has called for a...
Greek drama takes explosive turn over the weekend
Jun 29, 2015 07:26 am UTC| Insights & Views
Negotiations between Greece and Euro zone lenders have taken dangerous turn over the weekend, which could threaten the very unity and integrity of European Monetary Union (EMU) going forward. After very slow progress over...
FxWirePro: Use Put Call Parity for EUR/USD straddle
Jun 29, 2015 07:21 am UTC| Insights & Views
The portfolio contains an At-The-Money call and At-The-Money put of the same maturity of EUR/USD then they must have the same present value.Else, arbitrager can add longs on the undervalued portfolio and short on...
FxWirePro: Hedger dealing with Euro to take smart moves
Jun 29, 2015 06:40 am UTC| Insights & Views
Despite a steep gap down trade on Euro we could not see any instruments under the sun but ATM puts ATM calls options for rescuing hedgers dealing with Euro.Sell, Sell, Sell..!!! Uttering the bearish jittery on the eve of...
Guide to today’s important data and events
Jun 29, 2015 06:22 am UTC| Insights & Views
Lot of economic dockets to be released today, however the risks associated with the releases are low. Upcoming - Spain - Retail sales figure for May and preliminary reading on HICP inflation for June to be declared at...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects