Jul 08, 2016 12:38 pm UTC| Insights & Views
Copper: We look ahead for the lower copper prices during the H2 of 2016 owing to the sluggish demand growth and persistent oversupply. Global copper consumption should grow 2.5% yoy this year, up slightly from...
Jul 08, 2016 10:08 am UTC| Research & Analysis Insights & Views
Technical glimpse: Upon the formation of Gravestone Doji and shooting star patterns on weekly charts along with the healthy bearish convergence from leading and lagging indicators would divulge a better clarity of...
Jul 08, 2016 07:28 am UTC| Research & Analysis Insights & Views
Glimpse on Macroeconomic Environment: Japan recorded a Current Account surplus of 1809 JPY billion in May of 2016. Current Account in Japan averaged 1082.21 JPY billion from 1985 until 2016, reaching an all-time high...
Jul 07, 2016 11:41 am UTC| Research & Analysis Insights & Views
Since the Bank of Japan remains concerned by yen strength and could prevent a move below 100. Leveraged call spread is welcome as the dollar buoyed at 100 while thanking to high 2m volatility. Brexit uncertainty is...
FxWirePro: AUD/CAD option straps for hedging upside risks
Jul 07, 2016 08:10 am UTC| Research & Analysis
The Canadian dollars direction has been heavily influenced by crude oil prices in recent quarters (see above Graph). So long as the recent lows in oil prices hold, there is room for CAD to outperform other commodity...
Jul 06, 2016 12:25 pm UTC| Insights & Views Central Banks
USDCNY fixing rates continue to spike higher, which has triggered speculation that further CNY depreciation is looming on the horizon. While it seems that the Chinese central bank (PBoC) continues to weaken its currency...
FxWirePro: CAD and crude to reflect in antipodean – Stay hedged in NZD/USD potential downside risks
Jul 06, 2016 11:00 am UTC| Insights & Views
G10 trades have done well over the past six months. We took profit on NZD/CAD shorts in February and like to reopen it following large NZD gains recently. A preference for oil and US-sensitive CAD to China-sensitive NZD...