Seeking Alpha

Seung Kim

 
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  • Bank Of England Rate Hike Not Imminent
    Wed, Aug. 27 FXB, FXE Comment!

    Summary

    • Two members of the Bank of England's Monetary Policy Committee voted to raise rates by 25 basis points.
    • Conflicting viewpoints on labor market slack seem to be the key disagreement among the members of the Monetary Policy Committee.
    • The Bank of England will hold off on raising interest rates until at least the second quarter of 2015.
  • Beaten Down Norwegian Krone Is A Buy
    Tue, Aug. 19 2 Comments

    Summary

    • The Norwegian krone has been steadily falling against the euro and the Swiss franc.
    • Chances of a rate cut by the Norges Bank are overblown by the markets.
    • Recent inflation data indicates that inflation is the greater threat than a significant slowdown in the economy.
    • Norway is western Europe's biggest oil producer and should benefit from increased tensions in Russia and the Middle East.
  • Buy The Russian Ruble, But Cap Your Risk
    Tue, Aug. 12 4 Comments

    Summary

    • The Russian ruble has been hit hard recently, but Russia has indicated a desire to deescalate the situation in Ukraine.
    • Technical analysis indicates an attractive risk-reward entry point in going long the Russian ruble.
    • The trade isn’t without risk, but it can be limited by liquidating the trade at USDRUB 36.75 if the ruble weakens further.
  • How To Hedge A Diversified Stock/Bond Portfolio When Interest Rates Rise
    Tue, Aug. 5 SPY, TLT, GLD 2 Comments

    Summary

    • In a rising rate environment, even a well balanced portfolio of stocks and bonds may be detrimentally affected as both stocks and bonds will sell-off when interest rates rise.
    • The United States dollar performs well when interest rates rise in the United States.
    • Go long the United States dollar and short the euro to hedge a portfolio of stocks and bonds against the risk of rising interest rates and further Eurozone woes.
  • Is The Turkish Lira Still A Buy After The Municipal Elections?
    Tue, Apr. 1 TUR 1 Comment

    Summary

    • The Turkish Lira has strengthened, as predicted by our last article.
    • The Turkish Lira has strengthened due to municipal election results and strong economic data.
    • We recommend remaining net long the Turkish Lira but to take some profits.
  • The Yen And Restarting Japan's Nuclear Reactors
    Fri, Feb. 21 FXY, JYN, YCL 2 Comments
  • Time To Buy The Turkish Lira?
    Wed, Feb. 5 TUR 7 Comments