Pegasus Capital
  • View of Tower Bridge
    Providing independent expertise to assist corporates and their advisers
    navigate the complex world of hedging and derivatives
  • View of St Pauls Cathedral and Millennium Bridge
    Providing independent expertise to assist corporates and their advisers
    navigate the complex world of hedging and derivatives
  • View of The Shard in London
    Providing independent expertise to assist corporates and their advisers
    navigate the complex world of hedging and derivatives

Latest Markets

Money Market
3 Mth GBP LIBOR 0.384
6 Mth GBP LIBOR 0.549
Term Rates
10 Year UK Gilt 1.388
10 Year GBP Swap 1.314
Indicative only 6th Dec 2016
Hedging

Analysing, structuring and executing an appropriate hedging strategy...

Read More...
Financial Risk Management

With our broad experience across the loan markets, capital markets...

Read More...
Expert Witness

Independent expertise to assist corporates and their advisors.

Read More...

EM banks in worse state than during financial crisis

A third at risk of credit rating downgrade at end of Q3
Posted: Wed, 07 Dec 2016 14:14:56 GMT

Capital controls undermine China’s reform plans

The prospect of a US rate rise has spurred Beijing into action, writes Tom Mitchell
Posted: Wed, 07 Dec 2016 14:04:38 GMT

The Gordian knot of Italy’s banks

A bail-in solution will cause less pain than any alternative, including delay
Posted: Wed, 07 Dec 2016 14:00:45 GMT

India defends banknote ban

Defence of decision comes as central bank defies market expectations of a rate cut
Posted: Wed, 07 Dec 2016 13:42:06 GMT

Sterling ‘flash crash’, China forex, echoes of Galileo

Inquiry officials say Citigroup’s Tokyo desk may have played key role in currency’s slide
Posted: Wed, 07 Dec 2016 12:10:11 GMT

A View from the Bridge - November 2016

Like the harbingers of doom that appeared before the Brexit vote, the “experts” were adamant that a Trump victory in the US Presidential race would result in financial meltdown. Those predictions could not have been further from the truth as the 3 major US stock market indices reached record highs, the USD strengthened to a 15 year high and capital poured into the US in expectation of further stimulus and a pro-growth agenda. Even the OECD has backed the proposed infrastructure spending plans but also warned that protectionist policies and trade disputes could threaten world growth. The Fed kept interest rates unchanged in November but gave a strong signal that moves were imminent and certainly the Fed futures index sees a December rate rise as pretty much a done deal. With GDP being revised upwards to 3.2% on an annualized basis there is also the economic impetus to raise rates.

PegasusCapital - Thu 1st Dec