'Large Downside Risk' for Aussie, 'Large Upside Potential' for Yen: Goetti

The video discusses UBS's position on S&P 500 put options and current trends in the currency market, highlighting the yen as a favored trade. It explores hedging strategies for market escalation and analyzes currency strengths, predicting a stronger dollar against most currencies except the yen. The video concludes with an outlook on the yen's potential upside and the Australian dollar's downside risk.

What financial instrument was UBS long on according to the discussion?

• Swaps on the S&P 500

• Call options on the S&P 500

• Put options on the S&P 500

• Futures on the S&P 500

Which currency is mentioned as a popular trade choice in the first section?

• Euro

• Pound Sterling

• Canadian Dollar

• Yen

What do Citigroup and JP Morgan Asset Management suggest regarding market conditions?

• Prepare for a market downturn

• Get ready for a market re-rating

• Expect stable market conditions

• Anticipate a market boom

Which currency is expected to strengthen against the dollar according to the final section?

• New Zealand Dollar

• Euro

• Australian Dollar

• Yen

What is the suggested position on the yen against the Australian dollar?

• Short position

• Long position

• Avoid trading

• Neutral position