Jul 15, 2016 09:45 am UTC| Research & Analysis Insights & Views
The Chinese economy grew 6.7% YoY in Q2 2016, unchanged from Q1, to bolster the growth in order to achieve 6.5-7.0% growth target, further monetary policy easing is still on the table. The slowdown in M2 growth in recent...
Jul 15, 2016 07:27 am UTC| Research & Analysis Insights & Views
1m ATM IVs are trending more than 11% which is favourable for option holders. As you can glance through the skewness in 1m IVs of AUDUSD, they highlight more probabilities of underlying spot sensitiveness to the OTM...
FxWirePro: EUR/SEK lacklustre IVs lure “CCS” during crayfish party for both speculation and hedging
Jul 14, 2016 13:08 pm UTC| Research & Analysis Insights & Views
We reckon that the major uptrend of EURSEK and the abrupt bear swings could be efficiently tackled by the below option strategy. As shown in the diagram, the ATM IVs of this pair have been anextremely lower side which...
FxWirePro: EUR/USD tactical positioning in options investing – Optimize convexity and volatility
Jul 14, 2016 12:54 pm UTC| Research & Analysis Insights & Views
The implied volatility of ATM contracts for 1M-3M expiries of this the pair is flashing at around 8.4%. While current 1w IVs of ATM contracts of EURUSD crossfor 1W expiries considerably on a higher side (almost at...
FxWirePro: GBP/CHF gamma puts seem more efficiently sensitive on HY IVs
Jul 14, 2016 10:27 am UTC| Research & Analysis Insights & Views
As we can glance over the sensitivity table of this pair, for every shift towards OTM areas we can spot out theincrease in gamma correspondingly and this is not comparatively happening in ITM zones. More importantly, we...
FxWirePro: GBP/CHF debit gamma spreads for risk averse amid BoE interest rate decision
Jul 14, 2016 09:12 am UTC| Insights & Views Central Banks
The market participants are quite certain that the Bank of England (BoE) will lower its key rate by 25bp today. That is not a new realisation. The market held the same view a week ago. We have nonetheless seen a slight...
FxWirePro: EUR/JPY put backspreads to optimally bid tepid IVs and bearish-neutral risk reversals
Jul 14, 2016 06:58 am UTC| Research & Analysis Insights & Views
OTC Outlook: The implied volatility of ATM contracts 1w expiries of this the pair has been remarkably reduced, shrinking at around 14.39% and at 13.69% for 1w and 3m tenors respectively (see above nutshell). Although...