
Jun 05, 2017 12:20 pm UTC| Research & Analysis Insights & Views
The EURUSD vols have been belligerently sold off in the aftermath of the French presidential election. The markets hailed the election of Macron, shielding a very pro-European programme. The majority of the risk was...

FxWirePro: IVs fumble in Euro options owing to election risk premium in the Italian edition
Jun 05, 2017 11:52 am UTC| Research & Analysis Insights & Views
Euro options and election risk premium the Italian edition Election risk premium is once again the story in Euro options, this time a potential September/October vote in Italy. EUR-and EUR-cross options spanning September...
FxWirePro: CLP underperformance upside down - Deploy USD/CLP NDFs to hedge
Jun 05, 2017 11:24 am UTC| Research & Analysis Insights & Views
Stay short in 3m USDCLP NDF: Sell USDCLP 3m NDF at 672.85 with the target at 640 (5.1%) and stop above the top end of the range at 684 (-1.65%). The trading horizon is 3 month and it offers a positive carry of...
FxWirePro: Cost-effective structure to capture a RUB correction – Use 3m forwards
Jun 05, 2017 07:38 am UTC| Research & Analysis Insights & Views
Beware a RUB correction Are you concerned that RUB positioning is too heavy, stagnant price action is a warning sign, fundamentals could turn, and a significant correction could happen? We are. In the recent past weve...

FxWirePro: Fetch advantageous skewness in USD/RUB via knock in
Jun 05, 2017 07:36 am UTC| Research & Analysis Insights & Views
Option Trade Strategy: Buy 3m USDRUB call strike 59, Sell call strike 62 knock-in 65 Indicative offer: 1.23% (vs 1.06% for the vanilla call spread, spot ref: 56.50) The position entails buying a USDRUB 3m call strike 59...
Jun 01, 2017 03:42 am UTC| Research & Analysis
Moodys Investors Service says that India (Baa3 positive) is implementing a number of wide-ranging reforms that if successful, would gradually ease the governments high debt burden, which represents a key constraint on the...
Moody's: Global growth strengthens as risks abate; China likely to avoid sudden slowdown
May 31, 2017 00:56 am UTC| Research & Analysis
The improving outlook for global growth in 2017 appears to be sustainable as some of the biggest risks to advanced economies have subsided and emerging markets maintain their expansion, says Moodys Investors Service in a...