Thread: Cross Market Analysis

Fine thread, 95114Hi. I'd love to subscribe to a mailing list. Wishing you a mesage with my id

95114 UK IP number awful

people I've spoken too are unsure how to react, market obviously lower on the shock. But the majority of men and women believe its an anomaly for UK data.

Nonetheless quite high to buy the GBP, however on the rates side, a dip like this is quite nice. That may in turn lead to GBP support. But ultimately the connection is not so powerful.

UK 5Y rates down 5bps.

95114 Bank of America place desk notes

Unicredit notes

RBS sterling weekly note
https://www.forexforum.co.za/attachm...1154262960.pdf
https://www.forexforum.co.za/attachm...4910052284.pdf
https://www.forexforum.co.za/attachm...5749861647.pdf

95114GBP dip has been bought as expected, only an odd amount, don't read a lot into it... The longs are not going to shake this easy.

2yr rate spreads (implied depos) stand at 64bps from 67bps, suggesting a GBPUSD nearer to 1.70. I believe peeps will begin paying UK rates at this bargain degree vis a vis US. Not GBP bearish yet.

95114 G10 FX 1 month implied volatility is picking up, off the lows by roughly 0.5 vol points

Actually, one would expect to see that the USD supported, but remember this is just suggested or anticipated vol. For the USD to select up, we must see actual vol occur, which it isn't...

In the meantime, carry is nonetheless bid.

95114 US 10 year yield broke securely through 2.60 before, yanking the USD down with it...

Goldman and Morgan stanley both stating substantial bids down in 101.50

becoming more intriguing...

95114Now around 20 people on the mailing list!

The more the better guys, just msg me

For sharing this 95114Thanks. It adds value.

95114 One truly wonders...

With;A supertyphoon en route to Japan... (probably over-exaggerated imo) US equity looking to tip over in the near term / Nikkei appearing more vulnerable JPY vols insanely cheap virtually no risk reversal on shorter aged choices Perhaps its a good time to shield against some unexpected tail risk?

I'm looking at a 3W USDJPY 101 place. Costs a mere 25 pips to shield against any crazy repatriation flow or US equity sell-off we might see.

Any ideas from anybody?

95114

Originally Posted by ;

Any ideas from anybody? picture image picture

Yea that nation hit by endless All-natural disasters