FxWirePro: Assessing Sterling Volatility Amid 3M-1Y Segment and Hedging Brexit Risk

Oct 09, 2018 14:18 pm UTC| Research & Analysis Insights & Views

Sterling was little changed yesterday despite lack of evidence on progress in Brexit negotiations.It has a very light data calendar for the day with nothing of note in the UK or the Eurozone. That is likely to result in UK...

FxWirePro: USMCA, Italian yields and BoC – Centre of attraction of FX option markets

Oct 09, 2018 12:14 pm UTC| Research & Analysis Insights & Views Central Banks

The new USMCA (United States-Mexico-Canada Agreement)deal (replacing NAFTA) has been announced last Sunday, that was greeted by the market as risk-benign, supporting the decline of FX vols (for EM and CAD in particular) as...

Hong Kong investment firm to establish cryptocurrency bank

Oct 09, 2018 10:11 am UTC| Research & Analysis Digital Currency Insights & Views

There has been a rapid surge in the number of FinTech start-ups across the globe over the recent years and the sub-sectors encompassed have become more diverse. For an instance, we reported that investment in the...

FxWirePro: Deploy CAD/JPY option straps ahead of most likely BoC hikes

Oct 09, 2018 07:21 am UTC| Research & Analysis Insights & Views

The driving forces of CAD: BoC signals a more aggressive path of rate hikes; NAFTA negotiations turn south especially for Canada; Canadian growth slowdown extends vis-à-vis US; (3) Local oil prices weaken...

FxWirePro: Assessing repricing of Brexit probabilities and cable vols

Oct 08, 2018 13:28 pm UTC| Research & Analysis Insights & Views

The news that the EU was going to offer its British partners a further reaching (super- charged) free trade agreement than ever entered with anyone else before provided decent support for Sterling at the end of last week....

FxWirePro: Trade negotiation more imminent than BoC hikes, FX hedging already factored-in – Deploy debit call spreads bidding 2m IVs

Oct 08, 2018 12:50 pm UTC| Research & Analysis

Even though the Bank of Canada (BoC) never seemed overly fretful about an end of NAFTA it is nonetheless likely to have breathed a sigh of relief when the new USMCA deal was all sorted out. One risk less, apart from that...

FxWirePro: Gold intricacies for Q4 – Trade ATM straddles on 1m skews and hedge 3-way straddles versus ITM calls on bullish neutral RRs

Oct 08, 2018 12:04 pm UTC| Research & Analysis Insights & Views

Gold price, so far in this year, has struggled amidst the markets hawkish reconsideration of Fed policy as to how robust the growth and low unemployment have been, and the product of this policy amidst growth letting up in...