FxWirePro: What states EUR lower vols? Fair interpretations of two-decade lows
Nov 15, 2017 09:26 am UTC| Research & Analysis Insights & Views
The 1Y/5Y vol curve slope in EURUSD is a whisker away from all-time highs and is worth watching closely for a top since 1Y vol tends to pivot more than 2% pts higher from such peaks. The largely range bound exchange...

Nov 15, 2017 07:40 am UTC| Research & Analysis Insights & Views
The Mexican peso has come under depreciation pressure once again and this provided a first taste of what we are likely to face over the coming days. We expect MXN to stabilize around 18.80 on domestic and NAFTA...

FxWirePro: Activate USD/TRY longs via vanilla call on fragile Turkish CAD
Nov 15, 2017 05:59 am UTC| Research & Analysis Insights & Views
Turkeys current-account deficit widened to $4.53bn in September, worse than consensus expectations. On a seasonally-adjusted basis, September saw nearly a doubling of the gap to $6.1bn from $3.2bn in August, with the...
Announcement: Moody's: Outlook for Korean corporates stable, supported by steady external conditions
Nov 15, 2017 01:48 am UTC| Research & Analysis
Moodys Investors Service says that the outlook for rated Korean non-financial corporates is stable, supported by healthy global economic growth. We expect financial leverage to remain broadly stable due to steady...

Nov 14, 2017 12:35 pm UTC| Research & Analysis Insights & Views Central Banks
The current market condition is not a stable equilibrium -without rate hikes as a circuit breaker, TRY could weaken substantially. Now that the market has jumped to pricing in significant rate hikes, an under-delivery...
FxWirePro: Snippets on Emerging Asian FX – USD/KRW DNT on track of delivering desired yields
Nov 14, 2017 12:18 pm UTC| Research & Analysis Insights & Views
China received less attention than normal, but prevailing sentiment was that little will change post-CPC: reforms and deleveraging would be slow and targeted, risks of the debt crisis are low (for now), and ultimately the...

Nov 14, 2017 11:05 am UTC| Research & Analysis Insights & Views
Europes economic heart is pumping away and a 0.8% Q3 QoQ GDP gain in Germany threatens to nudge the Eurozone growth rate up too. Its a reminder of the changing of the guard as the US economic cycle ages and has given...