Episodes
Episodes
Friday Dec 08, 2023
JPY surges – what lies ahead for USD/JPY?
Friday Dec 08, 2023
Friday Dec 08, 2023
The yen surged this week and Derek Halpenny, Head of Research, Global Markets EMEA & International Securities talks about the yen move, whether the BoJ will hike rates this month and what lies ahead for the yen.
Derek also discusses the heavy schedule of central bank meetings next week, including the Fed and the ECB and what this means for G10 currencies.
Disclaimer: www.mufgresearch.com (PDF)
Friday Dec 08, 2023
ESG Series: COP28 progress so far | MUFG Global Markets Podcast
Friday Dec 08, 2023
Friday Dec 08, 2023
Several announcements coming out of the first days of COP28 demonstrate the seriousness that stakeholders are aiming to adopt the summit's agenda. This may sound trivial, but such wrangling typically takes up a considerable amount of negotiation time at climate talks, such as the mid-year intersessional gathering in Bonn, where countries couldn’t agree on the agenda until the penultimate day.
Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), discusses the major takeaways from COP28 thus far and what success may look like as the summit draws to a close on 12 December.
Friday Dec 01, 2023
Will the USD sell off extend further?
Friday Dec 01, 2023
Friday Dec 01, 2023
Lee Hardman, Senior Currency Analyst, and Seiko Kataoka-Fisher, Vice President from Japanese Customer Sales for EMEA in London, discuss the FX market implications from the ongoing dovish repricing of central policy expectations. Will the USD sell off extend further in the week ahead?
Disclaimer: www.mufgresearch.com (PDF)
Friday Dec 01, 2023
ESG Series: COP28 expectations and implications – What you need to know
Friday Dec 01, 2023
Friday Dec 01, 2023
COP28, the United Nations’ annual climate change conference, kicked off on 30 November, with tens of thousands of delegates congregating in the UAE to further the global climate process.
Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), provides an examination into what corporates and investors need to know during the conference and what may transpire in 2024.
Disclaimer: www.mufgresearch.com (PDF)
Friday Nov 24, 2023
The US dollar weaker across all G10 currencies once again
Friday Nov 24, 2023
Friday Nov 24, 2023
Derek Halpenny, Head of Research Global Markets EMEA & International Securities, talks to Shan Husain, Vice President - Institutional Investors FX Sales EMEA, about the factors behind why the euro has underperformed this week – it was the second worst performing G10 currency this week. Derek also looks to next week with the RBNZ meeting, data from the US and updates on trade views.
Disclaimer: www.mufgresearch.com (PDF)
Wednesday Nov 22, 2023
U.S. Markets, is risk-on whistling past the bond-yard?: The MUFG Global Markets Podcast
Wednesday Nov 22, 2023
Wednesday Nov 22, 2023
This week George Goncalves, MUFG Head of U.S. Macro Strategy, walks us through some of his latest special topics in the Macro2Markets Monthly Outlook report. As the title suggests, we first explore the risk-on mood on Wall Street and what is driving it. In George’s view, he believes it is a bit premature that some market participants are reading the weaker data and the market-based interest rate declines as a good thing. George wraps up by providing his views on the current developments in bank lending and general credit conditions overall. He also takes us through the big moves that are happening on the U.S. government deficit front and their implications.
Friday Nov 17, 2023
FX market fallout from slowing inflation
Friday Nov 17, 2023
Friday Nov 17, 2023
Lee Hardman, Currency Analyst, and Reza Nasehi, Vice President of the Japanese Client Sales group for EMEA in London, discuss the impact on the FX market from further evidence of slowing inflation in the UK and US. Has the tide turned against the US dollar?
Disclaimer: www.mufgresearch.com (PDF)
Friday Nov 10, 2023
FX consolidation ahead of key inflation data
Friday Nov 10, 2023
Friday Nov 10, 2023
The US dollar has recovered some of last week’s losses and Derek Halpenny, Head of Research Global Markets Research & International Securities talks to Michael Owen Head of Global Client Desk EMEA about what helped prompt a recovery of the US dollar this week.
With no single clear driver of FX and rates this week, Derek looks ahead to next week and the key inflation data from the US and employment and inflation data from the UK. Derek also provides an update on Global Market Research’s trade views.
Disclaimer: www.mufgresearch.com (PDF)
Thursday Nov 09, 2023
The MUFG Global Markets Podcast: 2023’s never ending conga line of black swan events
Thursday Nov 09, 2023
Thursday Nov 09, 2023
In today's episode, George Goncalves, MUFG Head of U.S. Macro Strategy, and Glenn Schultz, MUFG Head of Prepayment Modeling and Strategy, discuss October's remittance data, relative value against the backdrop of slower seasonal prepayment, and the outlook for the current coupon basis against the headwinds of 2023's never ending conga line of black swan events.
Friday Nov 03, 2023
Is the peak now in place for the USD and US yields?
Friday Nov 03, 2023
Friday Nov 03, 2023
Lee Hardman, Senior Currency Analyst, and Jack Greenslade from the Global Customer Marketing Group, discuss the main drivers behind the sharp adjustment lower for the USD and US yields over the past week.
Have we now passed the peak of US exceptionalism priced into FX markets?
Disclaimer: www.mufgresearch.com (PDF)
The MUFG Global Markets Podcast
Each week MUFG's expert economists, analysts, and strategists provide global market research content covering macro, FX, commodities rates and more.
Rate, review and subscribe for the most authoritative and insightful analysis of the latest financial market themes.
Listen to the EMEA Team (Derek Halpenny, Lee Hardman and Ehsan Khoman) on Fridays; Takahiro Sekido in Tokyo on Tuesdays; and the US Team (George Goncalves on Wednesdays; Glenn Schultz on the first Thursday of each month; and Tom Joyce and Capital Markets Strategy Group on a quarterly basis).