China likely to maintain rapid pace of growth over the coming months, says Scotiabank

Aug 18, 2016 12:45 pm UTC| Commentary

The Chinese economy is expected to maintain a rapid pace of economic growth over the coming quarters, according to a report released by the Scotiabank last week. However, its economic transition away from external...

Developing economies likely to be less affected by Brexit fallout, says KfW

Aug 18, 2016 12:37 pm UTC| Commentary

The June 23 United Kingdom referendum that concluded in a vote demand the exit of the UK from the European Union is expected to have limited implications for the developing countries, but a noticeable impact on the...

FX Hedging Strategy Series

FxWirePro: GBP/CAD 3m IV skews towards OTM strikes, short 1w vols versus 3m IV longs via put back spreads to arrest further slumps in sterling

Aug 18, 2016 12:26 pm UTC| Research & Analysis Commentary

Before we begin with the hedging frameworks one should understand the potential risks of the underlying pair of GBPCAD. In just last three and a half months, the pair has declined from the recent highs of 1.9302 to the...

FX Hedging Strategy Series

FxWirePro: Married put to upbeat USD/MXN skews in vols – A glimpse on hedging for Mexican foreign traders with dollar receivable exposures

Aug 18, 2016 12:05 pm UTC| Commentary

Hedging USDMXN FX risks: USDMXN has declined from the highs of 19.5174 to the current 19.0791 levels, loss of almost 7.4% in just two and half monthsand technicals are indicative of further dips in the days to...

Euro zone consumer prices tick higher in July, stay above expectations

Aug 18, 2016 12:01 pm UTC| Commentary

Consumer prices in the euro zone ticked higher in July, buoyed by surging food prices, although overall price indices still fell in 12 of the 19 member states. Euro zone prices rose 0.2 percent year-on-year, confirming...

FxWirePro Short Term Outlook: Buy German 10-year bund targeting 171.7 area

Aug 18, 2016 11:47 am UTC| Commentary

Rush towards sovereign bonds is likely to keep continuing in anticipation of continued easy monetary policies from the central banks around the world. Even, U.S. Federal Reserve, the only major hawk in the game is still...

Polish economic outlook continues to be strong; PLN likely to be stronger in medium term

Aug 18, 2016 11:41 am UTC| Commentary

For the first time since April, the EUR/PLN has broken below 4.30. The shock following Brexit vote proved to be temporary. Instead, the focus has been on the countrys domestic developments. The ruling Law Justice party...