Fabio Bassi and Francis Diamond discuss views on the BoE meeting and potential market impacts as well as any read across to European markets from the Fed and BoJ next week.

 

This podcast was recorded on 15 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4514473-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

The FX strategy team discusses FX implications of the latest ECB outcome, as well as the upcoming Fed, BoJ and European central bank meetings. 

 

SpeakersMeera Chandan,  Global FX Strategy

Patrick Locke, Global FX Strategy

Katsuhiro Oshima, Japan Macro Research

James Nelligan, Global FX Strategy

 

This podcast was recorded on 15 September 2023

This communication is provided for information purposes only. Institutional clients can view the related report https://www.jpmm.com/research/content/GPS-4513289-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Khagendra Gupta and Matteo Mamprin discuss their recently published Scandinavia Monthly Interest Rate Outlook outlining their views on the Swedish and Norwegian Interest Rates markets.

 

This podcast was recorded on 12 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4506279-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Meera Chandan and Jay Barry discuss the implications of US resilience on US rates and FX markets heading into the ECB and Fed September  meetings.

This podcast was recorded on 11 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at http://www.jpmm.com/research/content/GPS-4509235-0 , http://www.jpmm.com/research/content/GPS-4509511-0 , http://www.jpmm.com/research/content/GPS-4506527-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Francis Diamond and Aditya Chordia discuss thoughts on the upcoming ECB meeting in September and potential implications for Euro area rate markets and intra-EMU spreads.

 

This podcast was recorded on 08 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at http://www.jpmm.com/research/content/GPS-4509538-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Jonny Goulden and Saad Siddiqui discuss the latest market developments and their impacts for the EM fixed income asset class.

This podcast was recorded on 08 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4506420-0  for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Brent crude futures settled above $90 on Tuesday, for the first time this year. In the end, the extension of Saudi’s 1 mbd supply cut alongside Russia’s 300 kbd reduction in exports for an additional three months was needed to get the price there. Although we hold a constructive view on oil prices in the short term, we still don’t see oil prices breaching $100 in 2023, absent a major geopolitical event. As the market transitions from a large inventory draw in 3Q23, most visibly in the US, into a slight surplus in 4Q23 and 2024, prices should ease back toward the mid $80s. Both demand and supply will likely contribute to looser balances in the final quarter of the year, but the key to our lower price forecast is our outlook on the trajectory of demand in 4Q23. The softening in balances should be seen first in forward looking prices: in crude differentials for October loadings and softer structure at the front. 

 

SpeakerNatasha Kaneva, Head of Global Commodities Research 

 

This podcast was recorded on 8 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report https://www.jpmm.com/research/content/GPS-4499993-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

This week, Global FX Strategists James Nelligan & Patrick Locke revisit US exceptionalism, China spillover to DM and take stock of the US political landscape.

 

This podcast was recorded on 05 September 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4504178-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Aditya Chordia and Francis Diamond discuss the latest themes and recommendations in Global SSA markets.

 

This podcast was recorded on 31 August 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4502123-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Khagendra Gupta and Matteo Mamprin discuss the recent dynamics of the upcoming September 2023/December 2023 Eurex futures roll cycle.

 

This podcast was recorded on 30 August 2023.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4487200-0  for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.