Emerging Markets | Equities | FX | Global
Bilal’s Themes And Trade Idea Update – Positioned for Unstable Markets
- By Bilal Hafeez
- 2 min read
I rotated my short GBP/NOK trade to short GBP/JPY last week. I think the bullish commodity theme may be crowded and I think we are in unstable markets, so I like to be long yen. Here are the details:
1. China slowdown: long China rates (10y futures, FX unhedged), short KOSPI. This theme has performed well over the past week, with small additional gains in the China rates trade and larger gains in short KOSPI.
I rotated my short GBP/NOK trade to short GBP/JPY last week. I think the bullish commodity theme may be crowded and I think we are in unstable markets, so I like to be long yen. Here are the details:
1. China slowdown: long China rates (10y futures, FX unhedged), short KOSPI. This theme has performed well over the past week, with small additional gains in the China rates trade and larger gains in short KOSPI.
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