In this podcast, Monex Europe discusses current FX volatility and the global economic outlook with Black Brick, and the various factors impacting the UK property market.
Monex Europe has bolstered its board-level leadership team with the appointments of David Whitcroft as Group Director of Risk & Treasury, John Gallagher as Group Chief Technology Officer and Executive Director, and Jacques de Villiers as Director of Digital Strategy, subject to regulatory approval.
Market volatility continued to grind higher in May, with hawkish Fed pricing causing most of the damage in the cross-asset space as terminal rates rose.
Monex Europe has strengthened its leadership team with the appointments of Tom Farrow, Group Director of Trading and William Crossley, Group Sales Director to the firm’s Board of Directors.
Increased cross-asset volatility was the main feature of markets in April, leading to abnormal bond market volatility. Read our latest press release here.
Swiftly adjusting our forecasts towards the end of February to account for the terms-of-trade and inflation shock that was brought about by the Russia-Ukraine war in March, along with the rise in eurozone risk premia, resulted in a strong performance for our Q1 and March forecasts across both Bloomberg and Reuters rankings.
Many of our near-term G10 forecasts performed well in February, with notable performances in EURCHF, EURSEK, AUDUSD, and USDCAD. The 6- to 12-month forecasts ranked well for USDCHF and EURSEK, despite the heightened volatility over the last year.
Monex Europe has received the 2021 Refinitiv StarMine Award for Most Accurate Forecasting in Reuters Polls in the Major Currencies category.
Arrival of Omicron and hawkish shift in monetary policies increases forecast error in December’s Reuters
Uncertainty induced by the arrival of the Omicron variant in late November and the hawkish shift by central banks in December resulted in a larger forecast error for our 6-to-12-month forecasts.
MonFX set to boost Asia offering with Capital Markets Services licence from the Monetary Authority of Singapore
MonFX Pte Ltd announced today that it has successfully obtained a Capital Markets Services (“CMS”) licence from the Monetary Authority of Singapore (“MAS”), strengthening its footing as an Asian foreign exchange (“FX”) specialist.