The Global FX strategy team provides a round-up of the year-ahead outlook. Speakers Meera Chandan, Global FX Strategy Arindam Sandilya, Global FX Strategy Ben Jarman, Global FX Strategy Junya Tanase, Global FX Strategy Antonin Delair, Global FX Strategy James Nelligan, Global FX Strategy Patrick Locke, Global FX Strategy This podcast was recorded on 27 November 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpm...
Nov 27, 2024•35 min•Ep. 457
In this podcast Francis Diamond, Aditya Chordia and Khagendra Gupta discuss the outlook for European rates markets over 2025. This podcast was recorded on 26 November 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4849003-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This materi...
Nov 27, 2024•19 min•Ep. 456
President-elect Trump will return to the White House in January with a commitment to rapidly defeat inflation by lowering energy prices. Trump’s energy agenda presents downside risks to oil prices from deregulation and increased US production, while also posing upside risks by exerting pressure on Iran, Venezuela, and possibly Russia to limit their oil exports and revenues. But with US oil supply growth moderating and GCC countries unlikely to offset lost exports, any policies that might raise o...
Nov 22, 2024•10 min•Ep. 455
Last month our team published “ EM as an Asset Class Evolves and Diversifies ,” an update of the EM as an Asset Class series that J.P. Morgan research has been producing over the past two decades. In the report we take a longer-term look at how the outlook for EM has shifted as the asset class has evolved. Within the report you can find our “ EM Sovereign Credit Markets ” section, which we review in this webinar. In short: sovereign debt levels have risen but without the wave of defaults that we...
Nov 19, 2024•19 min•Ep. 454
US Rates Strategist Phoebe White discusses her takeaways from the October CPI report, as well as the path ahead for US rates and inflation markets. October CPI showed broad-based strength, outside of some idiosyncratic weakness in core goods prices, and points to some stickiness in core services inflation, even before considering upside risks stemming from policy uncertainty. With Treasury valuations cheap and the Fed maintaining an easing bias, there is likely limited room for yields to rise fu...
Nov 16, 2024•8 min•Ep. 453
Since late-October, a price premium has been building in the TTF natural gas market, particularly summer 2025. Starting the winter season with lower storage in the ground relative to last year, the European natural gas market has had to contend with a colder than normal November, a huge amount of uncertainty regarding whether Russian gas will flow through Ukraine in 2025, and slower than anticipated commencement timelines for new North American LNG export projects. We will discuss whether this r...
Nov 15, 2024•14 min•Ep. 451
FX markets are finally behaving as expected post-US elections. Meera Chandan and Arindam Sandilya discuss the path ahead and outline why the FX moves are not yet done. This podcast was recorded on 15 November 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4846770-0 & https://www.jpmm.com/research/content/GPS-4840487-0 for more information; please visit www.jpmm.com/research/dis...
Nov 15, 2024•15 min•Ep. 452
Description: Srini Ramaswamy and Ipek Ozil discuss the dynamics of the upcoming Treasury futures roll cycle. This podcast was recorded on November 12, 2024. This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is st...
Nov 12, 2024•14 min•Ep. 450
The Trump Presidency and the widely expected Red Sweep amplifies USD exceptionalism on multiple channels......President Trump’s proclamation for the US thus applies to the dollar as well. Indeed, no other currency has what the dollar has: superior growth and equities, higher yield, defensive characteristics. We discuss outlook for the dollar post US elections and discuss the various DM central banks meetings over the past week. Speakers: Meera Chandan, Global FX Strategy Arindam Sandilya, Global...
Nov 08, 2024•20 min•Ep. 449
In this podcast Francis Diamond, Aditya Chordia and Khagendra Gupta discuss their thoughts on European rate markets following a busy week of events with the US election, Riksbank, Norges Bank and BoE meetings and the collapse of the German coalition government. Speakers: Francis Diamond, Rates Strategy Aditya Chordia, Rates Strategy Khagendra Gupta, Rates Strategy This podcast was recorded on 8 November 2024. This communication is provided for information purposes only. Institutional clients can...
Nov 08, 2024•15 min•Ep. 448
