| Description |
1 online resource (275 p.) |
| Series |
Wiley Finance Ser |
|
Wiley Finance Ser
|
| Contents |
Cover -- Title Page -- Copyright -- Contents -- List of Figures -- List of Tables -- Introduction -- Acknowledgements -- Acronyms -- CHAPTER 1 EMFX and Fixed Income: Where the Opportunities Lie -- 1.1 EM Debt -- Growing Too Fast to Ignore -- 1.2 Returns Too Attractive to Ignore -- 1.3 EM as an Alpha Opportunity -- 1.4 Scope for Even More Alpha -- 1.5 Summary -- CHAPTER 2 Global Macro Rules -- 2.1 What You Need to Get Right: 65% Global, 35% Local -- 2.2 When the US Sneezes, the World (Still) Catches a Cold -- 2.3 EM Central Banks Stimulate as Fast as Markets Allow |
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2.4 When Bullish on US Rates, EM Rates Outperform EM Credit -- 2.5 When Bullish on EUR, Overweight CEEMEA Over Asia -- 2.6 When Bullish on Commodities, Overweight Latam Over Asia -- 2.7 Risk Aversion Barely Hurts EM Rates -- 2.8 Rising US HY Spreads Worse than Rising VIX -- 2.9 Summary -- CHAPTER 3 China: The Only Emerging Market that Counts -- 3.1 Global Business Cycle Made in China -- 3.2 The Commodity Link -- 3.3 On Leverage -- 3.4 Current Account Surpluses No More -- 3.5 Enter the Capital Account -- 3.6 Reading the CNY Tea Leaves -- 3.7 CGBs: The JGBs for Millennials |
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3.8 The Grand Decoupling? -- 3.9 Summary -- CHAPTER 4 How to Trade EMFX -- 4.1 Only the JPY is Special -- 4.2 No Helping Hand from EM Rates -- 4.3 Carry Works - if You Are Japanese -- 4.4 Current Accounts: Measuring Risk the Old-fashioned Way -- 4.5 Going for Growth -- 4.6 Modest Value in Valuation -- 4.7 Terms of Trade -- 4.8 Technicals to the Rescue -- 4.9 Flows Follow -- Don't Follow the Flows -- 4.10 Positioning with Positions -- 4.11 Going with the Seasons -- 4.12 Volatility: Foe, Not Friend -- 4.13 Summary -- CHAPTER 5 How to Trade EMFX: Event Guide -- 5.1 Chaining the FX Vigilantes |
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5.2 Intervention at Work -- 5.3 Emergency Rate Hikes - Only for Emergencies -- 5.4 Capital Controls, IMF, or ... China -- 5.5 IMF Packages Stabilize FX - Eventually -- 5.6 EM Elections: Of Market Foes and White Knights -- 5.7 Trading Data -- 5.8 Summary -- CHAPTER 6 How to Trade Emerging Market Rates: The Cycle -- 6.1 Emerging Markets: A Definition for Rates Traders -- 6.2 The Structural EM Trade is Dead -- Long Live the Cycle -- 6.3 US Lessons for EM Rates: Turning Points -- 6.4 US lessons for EM Rates: After the Turn |
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6.5 The Power of Patience: Receive Around the Last Hike Until the Last Cut is Close -- 6.6 More on Patience: Pay into the First Hike Until the Last Hike is Close -- 6.7 Steepeners: Receivers for Chickens -- 6.8 Flatteners: Payers for Chickens -- 6.9 How to Trade QE -- 6.10 It is Tough to be an EM Central Banker -- 6.11 EMFX as an Unpleasant Constraint on EM Central Bankers -- 6.12 Commodity Prices as an Unpleasant Constraint on EM Central Bankers -- 6.13 The Fed as an Unpleasant Constraint on EM Central Bankers -- 6.14 Inflation Forecasting in EM -- 6.15 Peaks in Inflation as the Holy Grail |
| Notes |
Description based upon print version of record |
|
6.16 EM Rates: Trading the Cycle in the Front |
| Subject |
Fixed-income securities -- China
|
|
Foreign exchange futures -- China
|
|
Fixed-income securities
|
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Foreign exchange futures
|
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China
|
| Form |
Electronic book
|
| Author |
Chandran, Ram Bala
|
|
Lam, Kenneth
|
| ISBN |
9781119599050 |
|
1119599059 |
|
