Export oriented Chinese growth seems to shrug off equity crash and trade balance numbers
Jul 13, 2015 09:59 am UTC| Insights & Views
Chinas response to a correction in equity prices from over-bought levels was, at best, heavy-handed. That the authorities felt the need to respond tells us something about the concern caused by an investment and asset...

Jul 13, 2015 09:35 am UTC| Insights & Views
Today market participants are with the perception that Greek crisis is over (though that may not turn out to be the case if MOU is rejected by Greek parliament). Still Euro is down against dollar as much as 0.7%. Euro is...
GBP directly proportional, yen weaker on industrial numbers; deploy call ratio spreads for hedging
Jul 13, 2015 09:24 am UTC| Insights & Views
Japanese tertiary industry index MoM basis has contracted to -0.7% from previous-0.2%.Japanese industrial production has also not been a good recovery, it printed at -2.1% which is in line with the forecasts, this slight...
Guide to today’s important data and events
Jul 13, 2015 08:36 am UTC| Insights & Views
Not many economic dockets scheduled for today. Risks associated with releases are low. Data released so far - China - Trade balance came at $46.5 billion in June with exports rose 2.8% and imports dropped...

FxWirePro: Minor gains expected on upswings for EURJPY credit put spreads
Jul 13, 2015 07:45 am UTC| Insights & Views
Since we consider the only driving force to the EURJPYs additional upswings is that the temporary relief for Greece debt crisis seemingly offered by euro summit, the overseas traders with huge forex exposures in Euros are...

Euro summit updates hint prolonged Greek debt saga, EUR eyes gains
Jul 13, 2015 07:17 am UTC| Insights & Views
What has been learnt from this weekends meet on Greek debt? Typically, that trust once lost, is not easily regained. It seems quite clearly that not all the other Euro zone countries governments want Greece to remain in...

FxWirePro: Optimism seen on dollar growth forecasts but delta assures optimal pricing of USDJPY PRBS
Jul 13, 2015 06:43 am UTC| Insights & Views
Arrest short-medium term downside risks of USDJPY hedging through deploying option strategy: Put Ratio Back SpreadIs the US growth forecast downgrade now complete? We are optimistic that it is and that the drag on the...