The MUFG Global Markets Podcast

Lee Hardman, Senior Currency Analyst, and Abdul-Ahad Lockhart, Currency Analyst, discuss how the FX market is being increasingly impacted by the global market sell-off. How are FX option flows changing in response to renewed fragmentation risks in the euro-zone?  

Derek Halpenny, Head of Research Global Markets EMEA & International Securities sits down with Simon Mayes, Head of UK, Ireland & Swiss FX Corporate Sales to discuss the implications of the huge sell-off in fixed income over recent weeks. Derek highlights the growing risks of the selling in fixed income spreading to risk assets and FX carry could suffer as well. There is also a discussion on what lies ahead next week with the key US jobs report and the RBA monetary policy announcement.

Derek Halpenny, Head of Research Global Markets EMEA & International Securities is joined today by Nicolaus Jan Thiesen in FX Sales in Duesseldorf to discuss the latest developments in the financial markets. It was a busy week, so Derek provides an updated US dollar view following the rate hike by the FOMC this week. The USD/JPY move at the end of the week following the BoJ rate hike is also discussed and whether prospects are still good for EUR/JPY to move lower again. QT changes by the BoE and the impact on the pound close out the discussion.

Lee Hardman, Senior Currency Analyst, and Seiko Kataoka Fisher, Director in Japanese Customer Sales for EMEA in London, discuss potentially spillovers for the FX market from the accelerating bond market sell-off. How will upcoming BoJ and Fed policy meetings impact the JPY and USD?

Lee Hardman, Senior Currency Analyst, and Henry Cook, Senior Economist, discuss what has been behind the JPY’s recent rebound and whether it is likely to continue. In addition, they discuss the outlook for ECB policy ahead of next week’s meeting.