Nov 30, 2017 12:45 pm UTC| Research & Analysis
The lira continues to be on tenterhooks as Iran sanctions hearings in the US proceed. Yesterday did not bring fresh adverse news on this front, however. Meanwhile, the Tourism Ministry published tourist arrival figures for...

FxWirePro: Why long EUR vega strategy with constructive vols rolldown?
Nov 30, 2017 12:13 pm UTC| Research & Analysis Insights & Views
As per last weekly reporting, European high yield funds registered an outflow of 771mm (1.3% of AUM) for the week ending 22 November. There was a 143mm (2.1% of AUM) net outflow for ETFs and a 53mm (0.6% of AUM) net...
FxWirePro: Hedge dual-risk in EUR rates after recent developments via Vega strategy
Nov 30, 2017 10:44 am UTC| Research & Analysis Insights & Views
The medium-term view on the euro remains bullish in anticipation of a pivot in ECB policy. The recent political developments in the Euro area have also garnered the attention. Buy EUR bottom-right vega EUR vega is...
Nov 30, 2017 08:53 am UTC| Central Banks Research & Analysis Insights & Views
Finally, USDKRW took a break from the streaks of bearish swings today. Entering the new week, USDKRW stabilized at 1087 level with a gap up opening today. The Bank of Korea raised its base rate by 25 basis points this...
FxWirePro: What does mounting buying sentiments by FX reserves managers in bond markets imply?
Nov 30, 2017 07:42 am UTC| Research & Analysis Insights & Views
FX reserve managers, which have started accumulating reserves again since the second half of 2016, are on track to be purchasing $140bn of bonds this year with a further rise likely for 2018. Assuming continued capital...

Nov 30, 2017 06:45 am UTC| Research & Analysis Insights & Views
The recent increase in steepness of EURUSD vol curves is not quite a sub-1Y phenomenon. The unique liquid long-tenured G7 surface that we are meticulously monitoring for ciphers of extreme curve shape is EURUSD, where the...
Nov 30, 2017 01:19 am UTC| Research & Analysis
Moodys Investors Service says that Mongolias (Caa1 stable) credit profile reflects the countrys strong growth potential, given its abundant mineral resources, but, also that, as a narrowly diversified economy, it is...