Feb 10, 2017 12:45 pm UTC| Research & Analysis Insights & Views Central Banks
BoC firmly on hold: The lukewarm outlook indicates that the Bank of Canada would keep policy steady in the face of Fed tightening, which should nudge USDCAD gradually higher through mid-2017. The loonie remains highly...
Feb 10, 2017 12:39 pm UTC| Research & Analysis Insights & Views
The options trades are preferable over forwards as the implied volatility is similar between CNH and CNY (CNH vol is 0.2 vol points higher than CNY vol in the 6m tenor) and the vol spread has been narrowing over...
Feb 10, 2017 07:18 am UTC| Insights & Views
China reported a USD 51.35 billion trade surplus in January of 2017, lower than a USD 56.67 billion surplus a year earlier but beyond market consensus of a USD 47.90 billion surplus. Despite the upbeat trade balance...
Feb 10, 2017 07:05 am UTC| Central Banks Commentary
China reported a USD 51.35 billion trade surplus in January of 2017, lower than a USD 56.67 billion surplus a year earlier but above market consensus of a USD 47.90 billion surplus. It was the largest trade surplus...
Feb 08, 2017 13:00 pm UTC| Research & Analysis
We believe that political risk into the French elections is priced more appropriately in bonds (but not in currencies) than going into the Brexit and US vote. In the remote scenario of a Le Pen Presidency with...
FxWirePro: What does the divergence between euro IVs and risk reversals divulge?
Feb 08, 2017 12:52 pm UTC| Research & Analysis
Although EUR vols appear to be at opportune levels for a fresh stab as European political hedge. Owning protection against European political discontent has been a key pillar of our bullish vol stance since late last...
FxWirePro: Euro vols to render conducive environment in European political hedge
Feb 08, 2017 12:33 pm UTC| Insights & Views
EUR vols appear to be at opportune levels for a fresh stab as a European politics hedge. Owning protection against European political discontent has been a key pillar of our bullish vol stance since late last year....
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