Nov 04, 2016 12:42 pm UTC| Central Banks Research & Analysis
The fact that market attention will focus less on the US labour market report today may mean that the Canadian labour market report receives more attention. We doubt whether this will turn out to be quite so positive...
FxWirePro: Hedge TRY with knock-outs as uncertainty looms around EMFX ahead of Trump scenario
Nov 04, 2016 10:49 am UTC| Research & Analysis
The political risk is going to take center stage. The US election presents a major risk for the FX market in the event of a Trump victory that would imply it is high time to look at the question of what an election victory...
FxWirePro: Hedge USD vega exposure as currency appreciation nose-dives to drive gamma performance
Nov 04, 2016 07:46 am UTC| Central Banks Research & Analysis Insights & Views
The stern US dollar has been strengthening fails to drive gamma performance: fade rich USD vols and skews. This week saw a sharp acceleration in the global sovereign rates bearish steepening, on improved global data...
Nov 04, 2016 07:23 am UTC| Central Banks Research & Analysis
OTC updates: As per the nutshell showing implied volatilities and delta risk reversals, USDJPY is rising higher IVs of 1w tenors with hedging sentiments for downside risks in the tenor which is the highest among G10...
Nov 03, 2016 14:02 pm UTC| Central Banks Insights & Views Commentary
As per the expectation, the November FOMC meeting went uneventful. The Fed seemed to have two major objectives: to hold onto prospects of December rate hike while also maintaining flexibility to delay action, should events...
FxWirePro: How to position EMFX trade basket ahead of US elections?
Nov 03, 2016 13:42 pm UTC| Research & Analysis
This week we examine local currency bank loan and deposit trends across the region. Similar to the deleveraging in external debt noted in last weeks focus, domestic loan growth has remained relatively weak, likely...
FxWirePro: Driving forces of NOK longs – Stay short in EUR/NOK via option and cash trades
Nov 03, 2016 12:23 pm UTC| Commentary
In this write-up, we emphasize on longs in G10 petro currencies. We have a structurally bullish view on Norwegian krone which is predicated on several drivers, not only just improved crude oil prices: improving growth...