People have lost faith in privatisation and it's easy to see why

Aug 10, 2016 05:08 am UTC| Insights & Views Economy

From the viewpoint of ordinary Australians, privatisation is a policy that has consistently failed but is remorselessly pushed by the political elite. It is little surprise that voters are turning to populism in...

FxWirePro: Bidding USD/JPY implied volatilities and RR versus buying time signals OTM put strikes amid Fed’s deferral stances

Aug 09, 2016 13:07 pm UTC| Research & Analysis Insights & Views

Volatility shocks and the passage of time have opposite effects on the value of a vanilla option (see ATM strikes on USDJPY options). When it can benefit from more volatility (long vega and gamma on OTM put strikes), time...

FxWirePro: EUR/CHF tepid OTC functions move in sync with underlying spot - Iron butterfly spreads to fetch certain yield

Aug 09, 2016 13:00 pm UTC| Research & Analysis Insights & Views

The swiss franc against counterparts has appreciated aftermath Brexit series, but EURCHF has been an exception and trading between in a 1.0715-1.0950 range from last 1 month or so. Short term risk sentiment will...

Below target China inflation data leaves room for more stimulus from PBoC

Aug 09, 2016 12:29 pm UTC| Insights & Views Economy

Data released earlier on Tuesday by the National Bureau of Statistics showed that Chinas CPI inflation came in at 1.8 percent y/y in July, largely in line with market expectations and compared to 1.9 percent in June. On a...

FxWirePro: Trade “USD/CAD diagonal debit call spreads” as 1m RR evidences bullish hedging interests, IV skews towards OTM call strikes

Aug 09, 2016 11:22 am UTC| Research & Analysis Insights & Views

Any rate hikes by the Fed or any hawkish statements are viewed as bearish for CAD, which struggles to compete with high-yield bearing assets in rising rate environments. USDCAD was almost unchanged at 1.3165. Sentiment...

How reliant is Britain on EU migrant workers?

Aug 09, 2016 09:21 am UTC| Insights & Views

Brexit the UK vote to leave the European Union has caused uncertainty in a number of areas. One of which is the impact that potentially reduced immigration will have on the British economy, particularly in industries...

The Middle East needs help with its long game: education and jobs for the young

Aug 09, 2016 09:14 am UTC| Insights & Views Life

The future for many young people across the Middle East and North Africa looks bleak. The World Bank records that 54% of the working age population in the Middle East and North Africa is unemployed with little prospect of...