Emerging markets
Back to fundamentals in emerging markets – Wells Fargo
The overall contagion risk of a crisis in Turkey is fairly limited
Barclays gains Peto, but loses two in FX sales
Ben Peto joins sales team as director
Nomura hires Agarwal to head EMFX trading
Arvind Agarwal moves to new role at the Japanese bank from Bank of America Merrill Lynch
Bloomberg leaves Nomura
The New York-based EM sales specialist voluntary resigned her position
No sign of a currency war, says Danske
US President Trump may wish for a weaker dollar, but the Fed will not bow to pressure and slow its tightening path
Barclays names Fabio Madar as global head of G10 FX
James Hassett moves into newly created role in emerging markets
SGX’s Lam in bid to bring together two worlds
SGX set to launch FlexC FX Futures in August, with the aim of combining the best that OTC and futures have to offer
EMFX plays small role in portfolio allocation
While FX provides low potential returns on a fully risk-adjusted basis, carry trade makes emerging market currencies more attractive
SEB: growth and commodity prices are key for emerging markets
If growth continues to slow, the EM FX sell-off will be prolonged
Katz’s sentencing adjourned until January
Jason Katz is the first trader to admit to wrongdoing
NDF nightmare: banks seek fix for benchmark ‘mess’
European firms face being barred from using three Asian fixings from 2020, raising concerns about legacy trades
Germany or Brazil most likely to win World Cup – UBS
A report, ‘Investing and football’ from UBS Wealth Management’s chief investment office, assesses team prospects at the tournament
EM structural strength in focus as dollar rallies, CIBC
But dollar gains could soon lose steam
Dollar’s rise and flagging risk sentiment dampen EM - SEB
Reduced risk appetite is currently affecting the EM currencies, but strong economic growth could help them to recover in the second half of the year
BTIG adds Daly to FX team
Brendan Daly joins as a director
RBC fights £13 million whistleblower claim
Ex-trader John Banerjee is suing RBC for unfair dismissal and aims to claim whistleblower status
CIBC is bearish on greenback for remainder of 2018
The firm says the dollar is overvalued, and facing a convergence of growth and monetary policy
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
Ross Thalheimer exits 360T
He worked at the company for about five years
StanChart considers adding two members to FX team
It is understood the bank is looking at Haskins from HSBC and Tretola from Nomura
Bloomberg to add RMB bonds to Global Aggregate Index
Inclusion of RMB-denominated bonds “represents a pivotal development for investors around the world”, says Henry M Paulson
Wood trades Edgewater for Mirexa
Wood is a veteran EM currency specialist who began his career at Standard Bank in South Africa
Manuel Astaburuaga-Torres leaves HSBC
The New York-based FX cash trader has worked at the bank since 2011
Nex and CFETS launch renminbi Clob
FX2017 allows anonymous execution on a central pool of liquidity and a public reference point for CNY pricing