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@TreasuryClear

Beigetreten Kasım 2016
233 Folgt43 Follower
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CT@TreasuryClear·
#Brexit Deal done? #FX options market not convinced that the deal can be ratified. Risk Reversals, a proxy for the FX options mkt’s take on direction of GBPUSD has diverged from spot mkt. This segment of the FX mkt believes that it’s more probable that GBP trades lower from here
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CT@TreasuryClear·
MSCI see a -10%/ +8% range for GBP based on the binary risk around Brexit- hedging a must and options that combine protection and participation attractive Stress testing Brexit: Deal or no deal? - MSCI msci.com/www/blog-posts…
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CT@TreasuryClear·
2.7m in the UK have signed a petition to #revoke #Article50. Northern Ireland is arguably the region that it most impacted by Brexit but interestingly, is the least engaged to date despite voting overwhelmingly to remain. Reflects a disconnect with Westminster or something else?
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CT@TreasuryClear·
#Brexit worst case scenarios published by #BOE show #Libor rising to 5.5% & avg 4% over 3y. Cash flow risk from higher Libor settings can currently be managed away via products like #Swaps & #Caps based off a forward curve that’s not materially different from current 3m Libor
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CT@TreasuryClear·
#GBP reacting badly to #Raab resignation & latest #Brexit twist. Spot GBPUSD down 2c today. FX options shows a market (unsurprisingly) concerned about higher future currency volatility and prepared to pay more to buy protection against GBP weakness....interesting times
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CT@TreasuryClear·
@ClearSpeaks Hang on a sec... what have you lot done with the logo??
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ING Economics
ING Economics@ING_Economics·
Everything you need to know for today's Bank of England meeting.
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CT@TreasuryClear·
UK Prelim GDP for Q1 below markets consensus at 0.1%, hitting its lowest level since Q4 2012; GBPUSD down .6% while GBPEUR down .5%
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CT@TreasuryClear·
10 YR US Treasury yield tops 3%, sees a sell off in global equities, the Yen trading higher against its G10 counterparties, gold prices fall, but Bitcoin up 7%
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CT@TreasuryClear·
#Carney leaving the BBC studios after blowing up the probability of a May rate hike. Market pricing now in a 44% of a hike #BoE #GBP
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CT@TreasuryClear·
UK Retail Sales worse than expected at -1.2%. Any real surprise with consumer real income down and profit warnings from across the retail sector! BoE May hike probability 67%
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CT@TreasuryClear·
UK inflation drops to lowest level in a year! BoE May hike probability falls to 68% #CPI
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CT@TreasuryClear·
3 year rates to hedge floating rate risk is up 0.90% since Aug 2016 while #base rate up 0.25% in same time frame. Markets move ahead of #MPC. Borrowers with term rate risk need to review their hedge policies now!
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CT@TreasuryClear·
After sell-off, VIX index is trading at a 6 yr high. Risk aversion sees AUD off also, down 2.5%
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CT@TreasuryClear·
Market now almost certain of a Fed rate hike in March. #FederalReserve #Rates
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CT@TreasuryClear·
Bond market sell off has led to steepening of forward curve for €, $ and £ over 2018. If realised, funding cost of 10m loan is up €70k, £107k, $137.5k since start of Jan. Contact us for more information. #interest #rates #funding #debt #euribor #libor
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