QCAM Monthly April >> Surprise me
The Ukraine war remains a source of uncertainty but has not derailed financial markets. Europe is still most at risk and commodity currencies remain a good hedge but the focus is on...
QCAM Monthly March 2022 || Not a systemic crisis
QCAM Monthly March 2022 QCAM Insight Russia’s attack on the Ukraine and the firm response by Western allies are both sea changes with far reaching consequences. The near-term outlook is very uncertain but the crisis is not systemic in our view. We think the war will slow but not derail the global recovery. Central banks will take that into account but... Economy and Interest Rates While Omicron and inflation were weighing on consumer sentiment, business sentiment was holding up well through February and even improving in some parts despite ongoing supply difficulties. While rising social and economic mobility [...]
QCAM Monthly December 2021 >> 2022 Sneak Preview and One Year of FX BIAS
QCAM Monthly December 2021 QCAM Special - One Year of FX BIAS A year-ago QCAM launched the FX BIAS certificate. The performance so far is promising and validates the features of the prior back-tests: solid return, moderate volatility, and no significant cross-correlations. Our goal is to strengthen these features further by adding more currencies and business surveys to the FX BIAS model. QCAM Insight The USD outstripped expectations in 2021. The US economy outperformed amid a bumpy global recovery and the Fed turned hawkish earlier. The two main themes for 2022 will be a smoother [...]
QCAM Monthly May 2021 >> Mixed picture with emerging pattern
The USD fell back in April as the rise in US interest rates faded. No strong trend has yet emerged and the balance of strategies leaves a mixed picture.
QCAM Monthly August 2020 >> Economic sentiment speaks
After plunging at the beginning of the Corona crisis, economic sentiment has recovered across the board. Still, there are differences which can be used systematically in currency markets.
QCAM MONTHLY May 2020 >> Positioning amid mixed directions
The impact of the corona crisis on FX remains mixed. Emerging markets and commodity currencies are clear losers. The USD has seen sharp swings versus major currencies but on balance remains unchanged. This is unlikely to change much in the short term.
FX Monthly Oktober 2017 >> Optionen-Strategien in einem Umfeld tiefer Marktvolatilität
Der Leerverkauf von Optionen bringt dynamische Risiken mit sich und eignet sich deshalb nicht für alle Investoren. Double-No-Touch-Optionen sind eine ideale Alternative, welche sich einem solchen Umfeld anbieten. Hierbei ein Überblick über diese Alternative.
FX Monthly Dezember 2016 > Wie ist das Umfeld für FX in 2017?
QCAM Insight, Die Makroperspektive, Was die Währungsmärkte bewegt and weitere FX-Themen