It was almost inevitable and hindsight is a wonderful thing.
For as Profit & Loss’s Colin
Lambert wrote in his And
Finally…column only this morning: “The sharp Sterling move we reported last
week and I discussed in the midweek ...
The OTC FX market shrank by between 9-11% during 2015,
according to a new report from Aite Group.
According to the report, this change was largely driven by
regulations that forced banks to restructure how they do business, including
cutting prime ...
At a time when new regulations, divergent central bank policies and changing technology are threatening to fundamentally change how the global FX market operates, a unique perspective on the world’s largest asset class is always welcome.
This is why ...
In a new survey that polled 130 analysts, consultants, journalists, finance specialists, real-sector heads, policy-makers and portfolio managers, 75% forecast that the UK electorate will vote in favour of the UK remaining in the European Union (EU) in the 23rd June referendum.
Dovish global central bank policy, led by
the US Federal Reserve, and a rise in the global price of energy, metals and
other commodities have been key drivers of the rally in global risk appetite since
Specifically, the US ...
Back in 2009, a research team at Nomura put forth the theory
that investors should treat commodities as currencies and apply macro tools
such as carry, value and momentum trades.
Creating a Macro Commodity Strategy (MaCS) based on this
theory, the ...
Much has been made of the recent weakness
of sterling. Today, the Bank of England’s trade-weighted sterling index has
dropped to its lowest level (83.89) since December 2013. The sell-off is
inevitably being at least partially attributed to fears that the ...
Figures released by the Society for
Worldwide Interbank Financial Telecommunication (SWIFT) today reveal that
nearly 40% of financial institutions worldwide have adopted RMB when exchanging
payments with China and Hong Kong.
1,131 banks used the RMB in payments with
China and Hong ...
Policy improvement and cooperation between monetary and
fiscal policy is essential in order to avoid a major currency or debt crisis,
according to a new academic paper.
Written by Richard Preschern, co-founder and chief risk
officer at FX Vision, and ...
Monetary policy, in developed markets at least, increasingly seems a case of words speaking louder than actions. At its policy meeting on 26 January, the European Central Bank delivered nothing but its commitment to deliver on its mandate of 2% inflation and ...