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India's OTC fx options market was launched last week after Reserve Bank of India gave approval for the product.A number of banks, including ABN Amro, Standard Chartered and HSBC, as well as local banks, participated.
Vishnu Deuskar, ABN Amro's...
“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”
BarCap's 2011 oil outlook looks increasingly accurate.