FxWirePro: Bid USD/CAD 3m skews, bullish risk reversals to hedge crude price risks

Oct 27, 2017 07:53 am UTC| Research & Analysis Insights & Views

We all know that there exists the positive correlation between CAD and crude oil prices, this weeks report was bearish for crude but bullish for gasoline and distillate. Total commercial crude and refined product stocks...

FxWirePro: What fortifies and dampens sterling moves during end of 2017 – Hedging frameworks for GBP crosses

Oct 27, 2017 06:59 am UTC| Research & Analysis Insights & Views Technicals

Our highest conviction macro trade in recent weeks has been short GBP as we felt that UK rate hikes were overpriced given the weak starting point for UK growth and the existential Brexit shock that continues to dominate...

FxWirePro: Envisioning and ascertaining shrinking vol trap in EuroStoxx and Euro crosses

Oct 27, 2017 05:14 am UTC| Central Banks Research & Analysis Insights & Views

The much-awaited ECB QE recalibration exercise ultimately announced yesterday, but it contained very few surprises after a meticulous 6w build-up and ended in a virtual stalemate for FX and rates markets, with EUR crosses...

FxWirePro: Customized NZD/JPY hedging vehicles for both aggressive bears and risk-averse ahead of BoJ

Oct 27, 2017 04:25 am UTC| Central Banks Research & Analysis Insights & Views

We continue to look for a lower NZD over the coming year, as tight financial conditions, weaker growth, a housing market that has peaked and a policy rate more likely to go down than up in the next year all weigh on the...

Moody's: China's consolidation of power could advance economic rebalancing, though challenges remain

Oct 27, 2017 02:11 am UTC| Research & Analysis

Moodys Investors Service says that the further consolidation of power under President Xi Jinping as outlined at the conclusion of the 19th National Congress of the Chinese Communist Party earlier this week could advance...

Moody's: Korea's credit profile supported by very strong fundamentals; geopolitical risks are key credit constraint

Oct 27, 2017 00:46 am UTC| Research & Analysis

Moodys Investors Service says that Koreas (Aa2 stable) credit profile is supported by very high economic strength, given a diversified and competitive economy, with robust growth potential -- around 3% over the next five...

FxWirePro: Yen specials - Short JPY against USD, EUR and CAD based on yields and valuations

Oct 26, 2017 16:29 pm UTC| Research & Analysis Central Banks Insights & Views

In this write-up, we emphasize on yen trades (especially short JPY against USD, CAD, and EUR) from the fundamental perspective. If you consider from last one-year trend, yen seems to have been losing momentum...