Jan 18, 2017 07:22 am UTC| Technicals
The bearish pressure is observed in this pair again, despite vigorous upswings bulls restrained at resistance, consequently, bearish swings resume (refer daily chart). Any break below 7DMA 1.5964 to bring in more bearish...
Jan 17, 2017 07:58 am UTC| Research & Analysis
Stay long Feb17 CME gold Following the December Fed hike, macro markets broadly reacted meaningfully to the more hawkish rate projection, with gold specifically selling off to $1,213/oz. This price level for gold made us...
FxWirePro: Can CNB exit EUR/CZK floor – Safeguard FX exposures via forwards contracts
Jan 16, 2017 13:40 pm UTC| Central Banks
The domestic macro pressures are increasing pressure on the CNB to exit the EURCZK floor. In our view, upside inflation surprises and stronger growth momentum warrant a shift towards tighter monetary policy, which should...
FxWirePro: Is it mispricing in EUR/USD/JPY IV skews
Jan 16, 2017 11:35 am UTC| Research & Analysis Insights & Views
The EUR/JPY volatility surface is offering very attractive opportunities because the skew on the 6m and 1y is currently excessive (refer 4th graph). Where IV skews seem to be mispricing, which is why implied vols of this...
Jan 11, 2017 06:04 am UTC| Insights & Views Central Banks
This write up emphasizes the upholding longs in Feb17 CME gold futures following the December Fed hike, macro markets broadly reacted meaningfully to the more hawkish rate projection, with gold specifically selling off to...
Jan 10, 2017 12:36 pm UTC| Research & Analysis Central Banks
The 1.64% MoM increase in CPI was far above the 0.9% market consensus. Strong FX pass-through and some idiosyncratic factors, including a jump in egg prices, led to a much sharper-than-expected increase in headline CPI...
Jan 10, 2017 11:01 am UTC| Commentary
After all the uncertainty about Trumps future plans for the economy is still high at present so that some doubts about the Trumpflation story are justified. The markets have been squarely focussed since the election on...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects