Apr 28, 2017 07:24 am UTC| Research & Analysis Insights & Views
In spite of GBPJPY downtrend seems to be intact, a lot of bad news is already priced in and digested by the market. Brexit caused two Sterling debacles, first in June with the vote and then after the summer when PM May...
Apr 28, 2017 00:34 am UTC| Research & Analysis
Credit ratings for Russia (Ba1, stable) and Turkey (Ba1, negative) broadly reflect a deterioration in previously supportive credit fundamentals, including their growth potential and, to a lesser extent, fiscal metrics,...
Moody's affirms Aaa.mx rating of the Government of Mexico
Apr 28, 2017 00:09 am UTC| Research & Analysis
Moodys de México, S.A. de C.V. (Moodys) has today affirmed the issuer rating of Aaa.mx on Government of Mexicos National Scale Rating. At the same time, Moodys Investors Service affirmed the issuer rating of A3 on...

FxWirePro: Strategic bearish positioning in GBP via long mid-month tenured EUR/GBP call spread
Apr 27, 2017 10:33 am UTC| Research & Analysis Insights & Views
The sterling has been the outperformer among G10 space this week in reaction to the below news, consolidating by as much as 2% in trade-weighted terms and the TWI is now just a whisker away from its post-Brexit high....

FxWirePro: Striking value in owning carry than selling vol in EMFX
Apr 27, 2017 07:02 am UTC| Research & Analysis Insights & Views
The paucity of opportunities to play vol compression is a boon for carry-friendly option bets in anticipation of a risk rally next week in the absence of an election upset. EM currencies that are likely to be the target...
Apr 27, 2017 06:10 am UTC| Research & Analysis
Recovering steel prices and improved industrial output expected in the European Union are expected to boost producers profits over the next 12 months prompting a change in the outlook for the European steel sector to...

FxWirePro: EUR/USD/CHF correlation triangle with zero cost to attain triple benefits
Apr 26, 2017 12:35 pm UTC| Research & Analysis Insights & Views
We favor expressing EURCHF-linked de-correlation ideas in a directional format to assume conditional exposure to EUR strength. If EURUSD rallies about 2% on a benign French election outcome on Monday, it is a fair bet that...