Migrant Crisis Series

Welcome to City Plaza, Athens: a new approach to housing refugees

Aug 16, 2016 13:22 pm UTC| Insights & Views

There are now around 55,000 people stranded in Greece as a result of Europes failed response to the so-called migration crisis and many refugees are losing hope. Many languish in camps dotted across the Greek islands, and...

FxWirePro: Maintain shorts in Dec’16 LME copper as supply glut likely to prolong and on Chinese slowdown

Aug 16, 2016 12:39 pm UTC| Insights & Views

So far this year, copper supply at all stages of production has outperformed our expectations. At the moment our estimate of 2016 annualized production is 1.6% higher than our November 2015 estimate. The summer lull in...

FX Hedging Strategy Series

FxWirePro: AUD/USD set to quash recent gains owing to RBA’s next MPC meet, 1m IV skews quite evident to signal OTM put strikes

Aug 16, 2016 11:58 am UTC| Insights & Views

Today, Aussie dollar gains considerably as the Reserve Bank of Australia makes constructive comments and on the disappointing U.S. data continued to weigh broadly on the greenback (retail sales and UoM consumer sentiments...

Brexit vote changes UK inflation outlook, makes it harder for BoE to cut rates

Aug 16, 2016 11:19 am UTC| Insights & Views Economy Central Banks

Data released by the Office for National Statistics on Tuesday showed that UK annual inflation rate as measured by the Consumer Prices Index (CPI) rose to 0.6 percent in July from 0.5 percent in June, beating expectations...

FxWirePro: Commodity prices cushion AUD while RBA drives backseat for AUD/USD

Aug 16, 2016 09:47 am UTC| Insights & Views Central Banks

Amid the ongoing transition in Australias economy, the country continues to be a major resources producer, with much of its exports to the rest of the world made up of materials such as iron ore, coal, basic metals, and...

FX Hedging Strategy Series

FxWirePro: Telecom, Media and Utility sectors under FX hedging scanner after Brexit dust settling

Aug 16, 2016 08:24 am UTC| Central Banks Insights & Views

GBP benefited from a classic dead-cat bounce when the BoE opted to defer its policy response to Brexit in July. The rally was short-lived as the BoE kept its word and delivered a comprehensive package of measures at the...

FxWirePro: BoJ’s QQE with negative interest rates either continue to add impetus on further FX appreciation or keeps USD/JPY in range

Aug 16, 2016 07:52 am UTC| Central Banks Insights & Views

After the last BoJs publication of key currency views on July 15, although USD/JPY extended its upside effect, it has been restrained at 107s, the pair sharply declined on a less-aggressive than-expected BoJs additional...