The MUFG Global Markets Podcast

Central Banks respond to COVID-19 crisis: The Global Markets FX Week Ahead Podcast

This week on the podcast Lee Hardman, currency analyst at MUFG, gives his outlook for upcoming policy meetings from central banks as well as analysis of new initiatives announced from the BOJ.
The ECB could be feeling the pressure amidst an economic slump resulting from COVID-19 lockdowns in Europe, while the Fed has been already been extremely aggressive in its response so far – what will their next moves be? 

COVID-19 & the 2020 U.S. Elections – The MUFG Global Markets Podcast

U.S. voters head to the polls November 3, 2020, to select a president, all 435 Members of the House of Representatives, and one third of the Senate. These decisions will be made in the context of a rapidly evolving landscape already upended by the coronavirus. What should investors be watching? And what is the likely outcome?
In this episode Jordan Heiber, Deputy Representative in MUFG’s Washington DC Representative Office explores how the ongoing COVID-19 pandemic is impacting the outlook for the elections this November.

Optimism, but for how long? The Global Markets FX Week Ahead Podcast

Remarkable oil market sell-offs are likely to only rattle investors in the short term, as positive signs in the fight against the COVID-19 pandemic in developed economies emerged this week.
However, as the virus begins to take hold of emerging markets in the face of warnings from the WHO about a second wave of infections globally, are longer-term repercussions on the cards? Derek Halpenny, Head of Research, Global Markets EMEA and International Securities, discusses the week ahead.
 

U.S. Treasury yield curve (or pancake)? – The MUFG Global Markets Podcast

Weak March retail sales and expectations for weak April retail sales seem in stark contrast to current financial market pricing. Structural issues of the U.S. labor market suggest that any recovery could face challenges. What is an investor to do?
In this episode of the MUFG Global Markets Podcast, MUFG Rates Strategist John Herrmann explores the implications of weak retail sales and what recovery may look like, along with investment implications for that scenario.
 

Forging a lockdown exit strategy: The Global Markets FX Week Ahead Podcast

The focus in Europe is now on the timing and strategy for lockdown reversals. On this week’s podcast, Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, gives an overview of the two factors which will impact this decision making: the capacity of state healthcare systems and the extent of testing for COVID-19.
Germany, Switzerland and Austria are leading the way, but the UK is trailing behind on both these fronts.
Listen for Derek’s thoughts on the timeline for these reversals and the current state of the markets. 
1. With an improvement in COVID-19 data, it’s all about the economy and lockdowns. The rate of recovery versus new cases of COVID will be key to governments’ decisions to open up - in the UK and in European countries such as Germany, France, Switzerland and Austria.
 2. Lockdowns through April and, apart from Germany, reversals over several weeks from May. Countries might reverse sector by sector but there will be significant restrictions  throughout the summer.
3.  Investors seem to have focused on the good news and equities look “pretty rich” given the risks. There might be reversals of lockdowns eg what's happened in China recently. From a FX perspective, the dollar is likely to hold at these levels.

Downside risks? Unemployment and GDP Growth in the U.S. — The MUFG Global Markets Podcast

Exploring the downside risks in the age of COVID-19. 
In this episode of the MUFG Global Markets Podcast, we continue our conversation with John Herrmann, U.S. Rates Strategist for MUFG, on U.S. unemployment and implications for GDP over the course of the next several months.

Life after lockdowns? The Global Markets FX Week Ahead Podcast

Rolling lockdowns in Europe have brought tentative improvements in global risk sentiment, and discussions about lifting restrictions suggest normalcy may be restored to some degree soon.Japan, on the other hand, is facing a one month state of emergency for the seven prefectures which account for around half of Japan’s GDP. How are the markets reacting to these developments, and what indications might there be for the future? Lee Hardman, currency analyst at MUFG, gives his thoughts on this week’s podcast. 
 

Buckle up, and get ready: The Outlook on U.S. payrolls, unemployment, the consumer and the economy – The MUFG Global Markets Podcast

As the COVID-19 situation continues to evolve, how will impacts on the U.S. real economy stack up against previous events? On the eve of the U.S. Bureau of Labor Statistics releasing its Employment Situation report for March 2020, John Herrmann, U.S. Rates Strategist for MUFG, discusses the outlook for U.S. payroll, employment, and the consumer economy.

Reasons to be positive: The Global Markets FX Week Ahead Podcast

As signs point towards social distancing measures around the world proving to be effective in reducing the spread of COVID-19, what will the lack of a cohesive strategy across the United States mean for the economic outlook globally?
While we’re still some way off from normality, there are reasons to be positive in the not-too-distant future, according to Derek Halpenny, Head of Research for Global Markets EMEA and International Securities.

Today’s global outlook on Covid-19: The Global Markets FX Week Ahead Podcast

In a special edition of the MUFG FX Weekly Podcast, Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, gives an overview of the global markets as they tackle the economic sinkhole which is Covid-19.
He discusses whether there may be a turning point for certain European economies on the horizon, central bank responses and the outlook for Asia. 

The Global Markets FX Week Ahead Podcast

The Fed has acted decisively. Will it be enough?
Listen to the podcast to hear Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, provide his insight on how the Central Banks are responding to the threat of Coronavirus and what might come next.

The Global Markets FX Week Ahead Podcast

Fears over the economic disruption of coronavirus are intensifying, and central banks such as the Fed, BoC and RBA have all taken a proactive approach by lowering rates. The European Central Bank must decide this week if it will, or even can, match the Fed’s aggressive response?
Click to listen to Lee Hardman, currency analyst at MUFG, give his outlook for the week ahead.

The Global Markets FX Weekly Podcast

There is only one topic on the table when it comes to markets. This week on the podcast, Lee Hardman, currency analyst at MUFG, gives his take as the spread of coronavirus brings an intensification of global growth fears, prompting market participants to price in a higher probability of a recession.
In the US, which candidate will take the lead in Super Tuesday, and what impact will this have on USD? 

The Global Markets FX Weekly Podcast

Covid-19 has got the FX markets concerned, but equity markets are remaining remarkably resilient, with bond markets rallying and yields falling. Despite this spike in JPY/USD, listen to the podcast to hear Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, provide his insight on why he feels the yen won’t lose its safe haven status anytime soon and the future of equity market buoyancy.

The Global Markets FX Weekly Podcast

Shockingly weak Industrial Production data, the worst plunge since the Global Financial Crisis, is painting a grim macro backdrop for Germany. On the podcast this week, Derek Halpenny, Head of Research for Global Markets EMEA and International Securities,  gives his thoughts on what this means for the EUR, and also looks at the future of oil-related FX since the breakout of Coronavirus caused a substantial drop in prices.

MUFG special podcast episode: Geraint Thomas, Head of Green Loans and Bonds

2019 saw the green loans and bonds market grow by over 50 per cent - and 2020 is set to be another momentous year.
In this special podcast episode, Head of Green Loans and Bonds Geraint Thomas gives his insights into what we should look out for in the year ahead.
With more than USD 250bn of issuance in 2019, will this figure continue to grow? Will the green bonds and loans market be driven by investors or issuers? Meanwhile, a sustainable linked bond structure has investors talking – could this potentially be a new area for the market?

The Global Markets FX Weekly Podcast

This week on the podcast, Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, looks at how communications will impact the markets, with subtle indicators from the Fed alluding to looser monetary policy and the Reserve Bank of Australia’s Governor Lowe’s upcoming monetary policy statement and testimony.

The Global Markets FX Week Ahead Podcast

Italy regional elections, Coronavirus, and central bank meetings will keep market participants on their toes this week, according to Lee Hardman, currency analyst at MUFG. Listen to the podcast to hear his predictions for the currencies in the spotlight, including CNY, CAD, GBP, USD, and EUR.
 
 

The Global Markets FX Week Ahead Podcast

Central banks will be key to price movements this week, with a Bank of Canada announcement and ECB monetary policy meeting. Will Christine Lagarde's comments help instil confidence in growth, and what can we expect from the policy framework review?
Listen to Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, give his outlook and new trade ideas for the week ahead.

MUFG special podcast episode: Stephen Jennings, Head of Energy and Natural Resources, EMEA

Sustainable finance came into sharp focus in 2019 as the world turned its attention more acutely to environmental issues.
Stephen Jennings, Head of Energy and Natural Resources, EMEA joins us for a special episode of the MUFG podcast to address some of the key questions facing the renewables sector in 2020, such as what new technologies and geographies will be drawing attention? What impact will the UK government’s reaffirmation of its net zero carbon emissions target have? How is the increased appetite for ESG impacting investment decisions in project finance?
Listen to Stephen’s take on these and more.

The Global Markets FX Week Ahead Podcast

This week was dominated by an escalation of tensions between the US and Iran. What impact has this geopolitical turmoil had on the FX markets, and is there a sense of renewed optimism as the situation abates?
Derek Halpenny, Head of Research Global Markets EMEA and International Securities, gives his predictions for the week ahead 

The Global Markets FX Week Ahead Podcast

Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, gives his outlook for the markets at year end, discusses the appointment of Andrew Bailey as the next governor of the Bank of England and takes a look at how Latam currencies are performing.

The MUFG FX Weekly Podcast

Lee Hardman, Currency Analyst of the Global Markets Research Team at MUFG, looks at the FX Market for the week ahead. 
In this podcast Lee discusses the Conservative Party victory in the UK general election, the upcoming BoE policy update and ongoing USD weakness. 

The Global Markets FX Week Ahead Podcast

This week sees an update from the FOMC in the US, Christine Lagarde's first post-ECB meeting press conference in Europe, and the UK takes to the polls to vote for their new prime minister, and in theory, a conclusion to Brexit.
Hear Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, give his projections for this action-packed week on the MUFG Global Markets Podcast.