European yields and Euro zooms sharply above
Jun 04, 2015 09:24 am UTC| Insights & Views
Euro is continuing its bullish run for third consecutive day, pushing dollar sharply lower. Euro run which started over Greek deal optimism, now getting the further fuel from European bond yields. Sellers are back in...
Much dependency on China & Japan results in KRW’s depreciation
Jun 04, 2015 08:37 am UTC| Insights & Views
Long term perspectives:Debt sustainability issues raise a big worry about the sustainability of Korean leverage.Household mortgage loans rose 15.2% YoY in April to KRW 383 trn, marking high household debt at 10.8% YoY in...
Trade balance, IP accounts for underperforming KRW
Jun 04, 2015 08:33 am UTC| Insights & Views
KRW has been one of the worst performing Asian currency baskets excluding Japan in May falling by 3.2% against the USD. Weve summarized up briefly on how it would have an adverse impact on won in future.Manufacturers...
China sneezed, Australia caught cold
Jun 04, 2015 08:23 am UTC| Insights & Views
Latest data from Australian Bureau of statistics, revealed Australian economy remains trapped under Chinese economic slowdown and showing no signs of overcoming the weakness. In April 2015, Australia hit worst trade...
Australian commodity exports bust calls for more stimulus
Jun 04, 2015 07:38 am UTC| Insights & Views
After enjoying decades long commodity export boom, Australian economy since 2013 facing severe jolts in its commodities namely metal ores and minerals export portfolio. Global slowdown in consumption and bust of vicious...
Ruble to appreciate on CBR’s accumulation of FX reserve
Jun 04, 2015 07:05 am UTC| Insights & Views
We consider the result of CBR rebuilding its international reserves to act positively on ruble, additionally rate cuts, decline in inflation and its expectations.Mounting FX reserves: CBR announced that it will resume...
Utilize ATM Puts on Long Guts of USD/SGD Theta
Jun 04, 2015 06:39 am UTC| Insights & Views
Buy 1M USD/SGD OTM Put and simultaneously buy ATM Call option = Strike on 1.3475 + Strike on Put 1.3608.We advocate this strategy as Theta on combined position is signifying time decay advantage of this pair as shown in...