- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD wins when carry meets politics – TDS
USD wins when carry meets politics – TDS
Global carry trade withers away leaving markets cling to the US Dollar as the best hedge to rising risks, TDS strategists note.
Global politics reshapes the market risk sentiment
“The grip of the 'doom loop' continues to tighten ever so slightly. Markets are witnessing typical behavior of a complex, adaptive system. What starts with a seemingly idiosyncratic event in a specific country, morphs into a problem for everyone else. The events in South Africa, India, Mexico, and now France are not isolated. They are connected and starting to reshape the market sentiment.”
“This is an outcome we have been recently discussing, especially as FX vols have been lulled into a dreamlike state. Everything is fine — until it's not. The unwinding of the carry trade has been a major talking point with clients recently. A successful carry trade needs two conditions: rate divergence and low volatility. Both are moving against it, leaving the USD as the best hedge to rising risks.”
“We also note that long-term valuations play a critical role in carry unwinds. Our slow-moving composite framework, LFFV, points to overvaluation in most of the popular carry trades like MXN, BRL, COP, HUF. What's more, EUR headwinds keep building, underscoring rising political uncertainty and a jump in OAT-Bund spreads. We continue to expect an H2 break below 1.05 in EUR/USD.”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
