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Market Insight

Institutional FX Insights: JPMorgan Trading Desk Views 16/1/26
Institutional FX Insights: JPMorgan Trading Desk Views 16/1/26

Macro backdrop (why FX feels “harder” again)US data is re-accelerating at the margin (examples cited: Philly Fed, Empire, claims), which makes it tougher to stay structurally USD-bearish.- If growth...

Institutional Insights: Credit Agricole FX Weekly 16/1/26
Institutional Insights: Credit Agricole FX Weekly 16/1/26

We were so wrong, or were we?- We, along with most of our clients, anticipated that 2026 would surpass 2025 in terms of economic stability due to diminishing policy risks from the White House. This...

FX Options Insights 15/1/26
FX Options Insights 15/1/26

On Thursday, FX options implied volatility saw a dip, with the lack of movement in spot markets keeping pressure on shorter-term expiries. USD/JPY, after retreating from its recent highs in the...

Institutional FX Insights: JPMorgan Trading Desk Views 15/1/26
Institutional FX Insights: JPMorgan Trading Desk Views 15/1/26

JPM G10 FX ViewsGrowth narrative vs. USD resilience: they expected USD softness, but the greenback is holding up, forcing more active trading.Geopolitics / headlines: Iran, Greenland, (lack of) IEEPA...

SP500 LDN TRADING UPDATE 14/1/26
SP500 LDN TRADING UPDATE 14/1/26

SP500 LDN TRADING UPDATE 14/1/26WEEKLY & DAILY LEVELS***QUOTING ES1! FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***WEEKLY BULL BEAR ZONE 6925/35WEEKLY RANGE RES 7090 SUP 6920JAN...

Institutional Insights: UBS Market Internals
Institutional Insights: UBS Market Internals

Market Internal Insight  Retail & Foreigner Buying Above Seasonality – Driving Market Resilience  Key Highlights:  - Robust Retail Flow Across All Tracked Channels:    - Chart 1: UBS RMM recorded...

FX Options Insights 13/1/26
FX Options Insights 13/1/26

The foreign exchange market is currently navigating a sea of potential geopolitical and U.S. domestic risks, yet options and their volatility risk premiums remain surprisingly calm. Traders had...

Institutional Insights: JPMorgan Trading CPI 13/1/25
Institutional Insights: JPMorgan Trading CPI 13/1/25

CPI forecast (Feroli / JPM Economics)The baseline call is for a firm CPI print, driven by technical “catch-up” effects after a period of disrupted data collection.Headline CPI (MoM): +0.38%Core CPI...

Institutional Insights: UBS CTAs' Positioning and Flows - Biweekly Update
Institutional Insights: UBS CTAs' Positioning and Flows - Biweekly Update

Global Strategy  CTAs' Positioning and Flows - Biweekly Update  Details on the methodology/model are available in our Q-Series report  Entering 2026 in Risk-On Mode  - Equities: CTAs'...