Oct 20, 2016 11:03 am UTC| Economy Commentary
GBP weakness is at the forefront of G10 FX markets as Brexit politics has heated up. The macro strategies have slashed the sterling forecasts recently as UK politics is increasingly leaning towards a hard Brexit, which...
Oct 20, 2016 08:00 am UTC| Central Banks Research & Analysis
The ECB policy decision and UK retail sales are the highlights of the calendar, but attention will also be on the start of a two-day EU leaders summit (including PM Theresa May) in Brussels. Mrs. May is reportedly going to...
Oct 20, 2016 07:39 am UTC| Research & Analysis
Live September meeting should keep 2M vol supported; while yen 1-3m risk-reversals still a better sale. Please be noted that the 1m GBPJPY IV skews are more biased towards OTM put strikes. From the IV nutshell one...
Oct 19, 2016 13:08 pm UTC| Commentary
The crude oil markets were steady from thelast couple of weeks, WTI futures for November delivery on the NYME rose 1.03% to $50.81 a barrel, while with front-month Brent futures almost unchanged from last Friday at the...
FxWirePro: AUD/CAD 6m vols on competitive edge over USD/CAD - put switches as a low-cost risk hedge
Oct 19, 2016 12:52 pm UTC| Research & Analysis
AUDCAD 6M vols appear decent buys given their depressed levels (not far from 2014 lows) and the uber flatness of the 3M-6M vol curve. Realized vols are not stellar however in a dollar-centric environment; hence theta...
Oct 19, 2016 12:28 pm UTC| Technicals
Please be noted that the WTI crude price rejects at 51.12 levels despite 7DMA crossing over 21DMA. During European trading sessions, bears resume to evidence day lows of 50.86 levels. For now, the commodity has been...
Oct 19, 2016 10:23 am UTC| Technicals
The BoC left interest rates unchanged last monthbut noted that the risks to inflation had tilted to the downside. In todays monetary policy meeting, the Canadian central bank is likely to keep overnight rates unchanged at...