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Market Insight

Institutional Insights - Goldman Sachs SP500 CPI Scenario Analysis

Institutional Insights - Goldman Sachs SP500 CPI Scenario AnalysisGS Research: We expect a 0.31% increase in October core CPI (vs. 0.3% consensus), corresponding to a year-over-year rate of 3.30% (vs....

FX Options Insights 13/11/24

FX Options Insights 13/11/24Wednesday's U.S. CPI data is now included in overnight/next day expiry FX options, and their premium adjustments serve as a predictor of the expected FX response....

Institutional Insights - Goldman Sachs Flow of Funds Trump 2.0

GS Tactical Flow-of-Funds: Year-End Rally 2.0 According to the Goldman Sachs flow guru Scott Rubner, his note on Wednesday was the most replied to email that he has sent in the last 20 plus years,...

FX Options Insights 12/11/24

FX Options Insights 12/11/24USDCNH - spot hits fresh highs not seen since August, the market is reportedly substantially long on the currency. Volumes of FX options have increased, especially for...

FX Options Insights 11/11/24

FX Options Insights 11/11/24FX options point to possible EUR/USD losses, although there is not much of a panic. Following Trump's victory, the risk premium for the US election was swiftly...

Institutional Insights Credit Agricole - Trump 2.0 & FX

USD: Trump 2.0 and Trump’s ‘impossible trinity’Ahead of Donald Trump’s second presidential term, we can draw severallessons from his first term: (1) fiscal stimulus could increase the chancesof a soft...

FX Options Insight 08/11/24

FX Options Insight 08/11/24Following the U.S. election, the currency markets have experienced a significant decrease in volatility, which has resulted in traders unwinding their wagers and tighter...

Institutional Insights: Goldman Sachs - Year End Flow Of Funds Update

Goldman Sachs Tactical Flow-of-Funds: GS Year-End Risk Clearing Checklist Mechanical rebalance flows to create an institutional “FOMO” feedback loop into the best seasonals of the year. ESA Index...

FX Options Insights 07/11/24

FX Options Insights 07/11/24Dealers utilise implied volatility as a stand-in for FX volatility, which is an unknown but important component of an FX option premium. Since Thursday's UK and US...