FxWirePro: USD/BRL/JPY vega spreads to tackle high beta JPY
Jan 31, 2018 12:37 pm UTC| Research & Analysis Insights & Views
The weak US dollar was the chief driver of the bounce, accounting for almost three-quarters of the rise in the value of global reserves. Beyond dollar weakness, global imbalances remain persistent and have been another...
FxWirePro: A bird’s eye-view on global crude forecasts turning the table and WTI-Brent spreads
Jan 31, 2018 11:01 am UTC| Research & Analysis Insights & Views
If you glance through the crude oil prices (Brent) that have risen by 16% especially in 4Q17 and over 13% since mid-December 2017. Given the latest rally swiftly catching up on two of our last upward revisions, we have...
FxWirePro: Deploy debit call spread to hedge WTI crude’s risks ahead of EIA inventory check
Jan 31, 2018 10:15 am UTC| Research & Analysis
Global crude oil prices have steadied at close to $70/bbl in recent weeks and have pushed to fresh three-year highs while articulating. Current prices have been slightly edgy extending losses into a third session, amid...
FxWirePro: A glimpse though FX options market amid Italian election risks
Jan 31, 2018 08:34 am UTC| Research & Analysis Insights & Views
There is a late swing in the Italian opinion polls in favour of MS5. While holding forecasts unchanged, we have established a decent long EUR position in the macro portfolio (vs JPY, NZD, and an EURUSD proxy). The...
FxWirePro: AUD/JPY hedging vehicles for risk averse and aggressive traders on bearish risk scenarios
Jan 31, 2018 07:21 am UTC| Research & Analysis Insights & Views
Bearish AUD scenarios: 1) The unemployment rate moves back towards 5.75%, raising risks that the RBA responds to a weakening labour market; 2) The Fed responds to firm labour market outcomes and above-trend growth by...
Moody's: New US tax cuts have limited credit implications for China and Chinese corporates
Jan 31, 2018 01:26 am UTC| Research & Analysis
Moodys Investors Service says that the new US tax law passed in December will not have material credit implications for China (A1 stable), one of the largest trading partners of the US, nor for Chinese companies, in terms...
Jan 30, 2018 14:04 pm UTC| Research & Analysis Insights & Views
The Treasury Department released a list of 114 senior foreign political figures with close ties to Vladimir Putin and 95 oligarchs; and also presented two classified reports to Congress one listing other potential entity...
Lawsuit Alleges Thousands of Noncitizens Registered to Vote in Nevada: Secretary of State Under Fire
Catizen (CATI) Climbs 34% After Binance Debut, New Margin Trading Pairs Added