FX Hedging Strategy Series

FxWirePro: GBP risk reversals indicate UK retail biz to add momentary cushion but Brexit politics maintain bearish hedging bets

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...

U.S. initial jobless claims likely to rise, labor market conditions to remain tenuous

Oct 20, 2016 10:53 am UTC| Commentary Economy

The United States initial jobless claims are expected to have risen during the week ended October 15; labor market conditions are expected to remain tenuous as firms look for a sustained pickup in sales activity before...

U.K. retail sales remain unchanged in Sep as warm weather hits consumer demand

Oct 20, 2016 09:56 am UTC| Commentary Economy

Retail sales in the United Kingdom remained unchanged during the month of September, as warm weather amid rising prices of retail products hit consumer demand for clothing and footwear. U.K.s retail sales excluding auto...

Strong retail sales likely to limit immediate downside risks to sterling

Oct 20, 2016 08:25 am UTC| Commentary Economy

Late September the sterling dropped sharply in a flash crash to 1.184 area, after French President Hollande spoke tough on negotiations. It has recovered since but continues to struggle. A better than expected job numbers...

South African retail sales ease at a faster-than-expected pace in August

Oct 20, 2016 07:09 am UTC| Economy

Retail sales in South Africa eased during the month of August, at a pace faster than what markets had initially anticipated. Retail sales edged higher 0.2 percent year-over-year in August, slower than the 1.2 percent...

Future of Coal Series

China’s coal imports likely to remain strong, policy measures to dictate prices

Oct 20, 2016 06:36 am UTC| Economy Commentary

Coal imports in China are expected to remain strong in the near term, despite efforts to limit the impact of capacity closures on utilities, while prices are likely to be dictated by the countrys policy...

Australia business confidence slightly eases in Q3 on depressing sales, profits

Oct 20, 2016 06:15 am UTC| Commentary Economy

Business confidence in Australia slightly eased during the third quarter of this year, following depressing sales and profits during the period that hampered corporate earnings; despite this, firms still turned out more...