Nomura – MacroBrew

In the penultimate episode of our 2021 Outlook series, we talk with, Rob Subbaraman - Head of Global Macro research, Lewis Alexander - Chief US Economist, and George Buckley - Chief Euro and UK Economist on their thoughts for 2021.We look at the potential path for Global growth, and what key policies we expect. Next, with the re-opening of economies and vaccine rollouts, how long will it take for 'normality' to resume? Finally, we look at key risks and themes worldwide you should to watch out for.

On the second episode of our 2021 Outlook series, we're talking with our Asia Economics team, Sonal Varma, Takashi Miwa and Ting Lu, on their thoughts for the Asia region in 2021. With a new prime minister, the Tokyo Olympics, what does 2021 hold for Japan? Next to China, will they experience economic growth similar to 2020, and will their Dual Circulation Strategy get off the ground? Finally, we look at the outlook for India and the rest of Asia, along with the key leaders and laggards to watch out for?

On the first episode of our 2021 Outlook series, we're talking with Craig Chan, our Global Head of FX Strategy, and Albert Leung our Asia Rates Strategist, on their thoughts on FX markets in 2021. First we discuss what we expect to see for the USD and CNH in the short and medium term of 2021. Next, who do we expect to be the key outperformers in the new year, and what's the Outlook for the G10 economies? And finally what are the risks for Asia rates, and how should investors be positioned to respond?

This is the first Fireside Chats episode in a series on ESG, we're joined by Sook Leen Seah, our Head of Capital Advisory, and Jarek Olszowka, our Head of Sustainable Finance, to get their thoughts on the ESG space. We discuss the current and future role of ESG in bank capital issuance, and what are the trends to watch? Next after a record year of ESG bond issuance, how can a bond be used as both a capital and green financing tool? Finally, what are the key opportunities and challenges for ESG in 2021?

In this episode of our Fireside Chats series we're talking with Jing Wang from the China Economics team on what to make of China's dual circulation strategy. We discuss the key components of this new strategy, and how it compares to previous Belt and Road initiative? What's the economic impact of the strategy, and how does this feeds into China's outlook? And finally how is this likely to effect the rest of the world, and what will it mean for Global markets?

In this episode of our Fireside Chats series we're talking with Charnon Boonuch from the Asia Economics team on what to make of the recent protests in Thailand and how it could feed through to the economic outlook. We discuss the origins of the recent student-led protests, and why are they expected to persist? How much of an impact will these protests have on Thailand's economic, and policy outlook? And finally, what does this all mean for Thai FX markets, and Rates?

In this episode of our Fireside Chats series we're talking with Stuart Oakley from the FX trading desk, our Global head of FX Flow trading, on what to make of the recent moves in both the USD and Chinese Renmimbi. We discuss what to make of the recent USD weakness, and is this set to become a multi-year trend? Is the Chinese Yuan able to sustain its recent outperformance, and if so, for how long? And finally what developments can we anticipate in the longer term outlook for FX markets?

In this episode of our Fireside Chats series we'll be talking with Lewis Alexander and Rob Dent from our US Economics team on what to make of the US election results. We discuss how to interpret the results, and look at why we still have more elections to come. What to expect over the next few months as we move through the transition phase. And finally, what could Joe Biden's first year in the White House look like?

In this episode of our Fireside Chats series we'll be talking with Lewis Alexander and Rob Dent from the US economics team on the 2020 US election. We outline the current state of the race, election night timings, and other potential surprises. Next we look at what to expect from now until inauguration day in terms of policy and key appointments. And finally what the first 100 days of the new Presidency could look like, and what policy initiatives we can expect off the bat?