Research

EUR fx focus

EUR fx focus Qi’s Long Term model now shows EURUSD fx as +1.7 sigma (2%) above model value. Our model for 3month implied EURUSD fx vol is slightly cheap versus macro- warranted fair value. Positioning is starting to look...

09.01.18

Read more

WTI focus

Focus On WTI Looking at the custom Qi Long Term WTI model we see that: WTI spot price (61.90) is 1.65 sigma above model value (12%). That is to say, even given the strong shift higher in global growth,...

05.01.18

Read more

Macro Regime and Context

Macro Regime and Context for 2018 In the “Regime Watch” & “USD Warning – Drivers on the Move” research pieces (sent on 6th December and 27th November respectively) we noted that the Qi framework was pointing to a fading...

03.01.18

Read more

Macro Regime Watch

A review of major macro drivers across asset classes once again underlines the importance of US inflation expectations – the “reflation theme” remains front and centre. Inflation expectations are key for US rates. The US Dollar against the majors...

06.12.17

Read more

US Dollar Warning: Drivers are on the move

US Dollar weakness into Thanksgiving was underpinned by a move in the major drivers of the USD. Where these drivers move next will be important for the USD in December. There are a number of key events coming up...

27.11.17

Read more

Closer look at the US 2s10s curve

At a time when a lot of market debate has focused on the dynamic between interest rate differentials and spot FX, and whether the regime is shifting, the two custom Qi models below attribute a large part of the...

21.11.17

Read more

Roadmap for Middle East conflict

It is a curious and potentially worrying day. Saudi Arabia has advised its nationals to leave Lebanon (Saudi Press Agency earlier today). This follows the resignation a few days ago of the Lebanese Prime Minister in Riyadh and the...

09.11.17

Read more

Italian Politics and the EURO

Downside risk for EURfx from Italian politics?

07.11.17

Read more

Catalonia Impact

The IBEX stands out as the cheapest index to QI model value on our country index dashboard

05.10.17

Read more

Macro Regime Watch

Fed policy is more important now for FX, US rates and European/EM equities. US equities (S&P and Nasdaq100) are not well explained by macro factors…

03.10.17

Read more

Recent articles are locked

If you’re not a subscriber you are still free to browse archived content from last month or earlier below.

However if you'd like to enjoy unlimited access to the most recent content please get in CONTACT.

See through the noise