Feb 27, 2017 12:23 pm UTC| Insights & Views
The CBR remains hawkish. The central bank has accrued significant inflation-fighting credibility by maintaining a hawkish stance in the face of improving inflation dynamics. JPM expects rate cuts to restart in June, with a...
Feb 27, 2017 11:27 am UTC| Insights & Views
Crude oil implied volatilities (IVs) have been lingering under downward pressure, especially in short tenors. The WTI 1m ATM IVs have shrunk to about 23.8% which is the lowest level since October 2014 which was before the...
FxWirePro: Directional option trades to sync with EUR/USD OTC sensitivity tools and trend
Feb 27, 2017 09:51 am UTC| Research & Analysis Insights & Views
Please be noted that the risk reversal flashes across all tenors, although we see positive changes to the bearish risk sentiments across all tenors, hedging sentiments for bearish risks remain intact, whereas Euro seems to...
Feb 27, 2017 06:29 am UTC| Research & Analysis
The Swiss franc, Norwegian and Swedish Kroner have all suffered slightly this week from French political concerns, Euro has not been an exception. French opinion polls and Presidential politics generallyare now moving...
FxWirePro: Conditional benevolent election/European recovery via EUR call switches
Feb 24, 2017 11:57 am UTC| Research & Analysis
European election hedges have taken up considerable print space and investor mind space this year, the baseline view of a benign non-Le Penn outcome has invited relatively little option interest via EURUSD calls. Partly...
Feb 22, 2017 12:13 pm UTC| Economy Research & Analysis
Finance Minister Pravin Gordhan will present the new budget to parliament today. That means the conflict between Gordhan and President Jacob Zuma will enter the next round. So as to convince the rating agencies and ensure...
Feb 20, 2017 10:10 am UTC| Research & Analysis Economy
A glimpse on fundamentals: German IP plunged, likely due to holiday distortions. German VDA car production data already point to a big rebound in January. German election thrown open by thechange in SPD...
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