Moody's: Outlook for Vietnam banking system is positive; strong economic prospects

Oct 31, 2017 03:32 am UTC| Research & Analysis Economy

Moodys Investors Service has changed its outlook for Vietnams banking system to positive for the next 12-18 months from stable, reflecting the countrys strong economic prospects and the positive outlooks for most rated...

FxWirePro: EMFX loses traction on upsizing bullish dollar – TRY and ZAR adds onto short portfolios against other EMFX space

Oct 30, 2017 14:20 pm UTC| Research & Analysis Insights & Views

EM currencies as a group were negatively affected by higher US bond yields this week, and the SA rand and Turkish lira were the worst performers in our sample. The South African Treasurys forecast of wider fiscal...

FxWirePro: Is buzz in VXY in the wake of Fed hawks and ECB doves reliable?

Oct 30, 2017 12:37 pm UTC| Research & Analysis Insights & Views Central Banks

What remains to be discussed is the significant USD strength. There is an easy explanation, namely the surprisingly strong US GDP growth figures released on Friday (Q3 2017: +3% QoQ in annualized terms; the forecast was c....

FxWirePro: Predominant projections and cyclical effects of G10 central banks in 2018/19

Oct 30, 2017 11:58 am UTC| Central Banks Research & Analysis Insights & Views

Post ECB, clarity from two of the three majors Now that the ECB has confirmed its tapering schedule through September 2018 (a reduction from 60bn per month to 30bn), it is reasonably clear what tedious path DM central bank...

FxWirePro: Swiss franc’s tepid IVs second least among the G10 FX gamut – Strangle shorts for intermediary speculators, FVAs versus straddles for hedgers

Oct 30, 2017 11:08 am UTC| Research & Analysis Insights & Views

Please be noted that even after monetary policy season, FX vols have collapsed to the lowest level (especially euro and Swiss franc), lets have a glance through the implied volatilities of EURCHF and USDCHF ATM contracts...

FxWirePro: US data fortifies dollar from multi-facets, spot out EUR/USD cheapness in FVAs after ECB

Oct 30, 2017 07:23 am UTC| Research & Analysis Insights & Views

US equities made fresh record highs, helped by strong company earnings, and the US dollar rose. US bond yields, in contrast, were weighed down by Catalonias declaration of independence plus Fed Chair candidate Powells...

FxWirePro: CAD skew versus Brent skew – Crude bears to pressurize CAD

Oct 27, 2017 18:25 pm UTC| Research & Analysis Insights & Views

In the options space, CAD volatility remains stuck at the lows, and we identify an appealing skew opportunity. After the Canadian dollars sharp rise this year, USDCAD risk reversals have been under heavy pressure,...