Forget the dollar, follow the yield

FromFT Hard Currency

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Forget the dollar, follow the yield

FromFT Hard Currency

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13 minutes

Released:

Apr 27, 2018

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Podcast episode

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A rising dollar and a rising oil price are two of the big market moves of the week. But as Bill McQuaker of Fidelity International tells Roger Blitz, the biggest was the 10-year Treasury yield hitting 3 per cent, signalling the end of the bond bull market and the start of a more turbulent phase for markets. For information regarding your data privacy, visit acast.com/privacy

Released:

Apr 27, 2018

Format:

Podcast episode

Titles in the series (100)

Financial Times foreign exchange correspondent Roger Blitz talks to experts on the currencies market about the week ahead, looking at the global political and economic factors driving the world’s largest market.

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Haven currencies, who’s selling the euro and the Australian dollar: Currencies correspondent Alice Ross explores the trends driving the global currencies market, this week focusing on sterling’s status as a haven currency, why the euro is still strong against the dollar and how a further rate cut in Australia will impa... by FT Hard Currency
1 min listen
EU Summit special: Can euro optimism last?: John Normand, global head of FX strategy at JPMorgan, talks to FT currencies correspondent Alice Ross about the prospects for the euro following the EU summit and the outlook for emerging market currencies For information regarding your data privacy, ... by FT Hard Currency
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Rollercoaster ride for dollar-yen pair: It's been a month of huge moves for the dollar-yen pair. Ahead of the Federal Reserve's meeting in June, Alice Ross, FT currencies correspondent, asks Shahab Jalinoos, FX strategist with UBS, what he expects from the talks as well as whether ... by FT Hard Currency
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What effect will the Greek elections have on the euro?: Mansoor Mohi-Uddin, head of FX strategy at UBS, joins the FT's currencies correspondent Alice Ross to discuss how the euro might drive currency markets in the wake of the Greek elections, the likelihood of a new round of QE3 in the US in light of ... by FT Hard Currency
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The other view on Greece and QE prospects for the US and UK: FT currencies correspondent Alice Ross talks to Steven Saywell, head of FX currency strategy in Europe at BNP Paribas about why he thinks a Greek exit is unlikely and remains bullish on the euro, as well as a look ahead to the US non-farm payroll data ... by FT Hard Currency
1 min listen
No silver bullet for currencies: This week the FT's currency correspondent Alice Ross is joined by Humayun Shahryar, chief executive of hedge fund Auvest Capital Management, to discuss the Fed's decision not to introduce a third round of quantitative easing, the difficulty o... by FT Hard Currency
1 min listen
No silver bullet for currencies: This week the FT's currency correspondent Alice Ross is joined by Humayun Sharyar, chief executive of hedge fund Auvest Capital Management, to discuss the Fed's decision not to introduce a third round of quantitative easing, the difficulty of... by FT Hard Currency
10 min listen
Mixed news for sterling: This week Alice Ross, the FT’s currencies correspondent, is joined by Javier Corominas, head of research and fx strategy at Record Currency Management, to discuss what’s driving the pound and euro weakness as the Draghi effect fades. They also look at ... by FT Hard Currency
1 min listen
Shrugging off sanctions: With the forex market showing only a modest reaction to tougher sanctions against Russia, Delphine Strauss, currencies correspondent, asks Elsa Lignos, strategist at RBC Capital Markets, whether currency investors have become less sensitive to geopolit... by FT Hard Currency
1 min listen
How will deadlock in debt talks play out in forex markets?: With the US government shutdown weighing on the dollar, FT currencies correspondent Delphine Strauss is joined by Derek Halpenny, European head of global market research at the Bank of Tokyo-Mitsubishi. Can forex markets remain this calm if the debt ta... by FT Hard Currency
9 min listen
How much lower can the euro go?: With the single currency already below the levels many had forecast for the end of the year, Delphine Strauss, currencies correspondent, asks Peter Kinsella, strategist at Commerzbank, whether the ECB will try to engineer a bigger depreciation. Also, w... by FT Hard Currency
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Macroprudential measures' impact on sterling: With UK policy makers flagging concerns over the rising risks of a bubble in the housing market, Delphine Strauss, currencies correspondent, asks David Bloom, currency strategist at HSBC, how macroprudential measures would affect sterling. Also, what w... by FT Hard Currency
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Why QE doesn’t necessarily weaken currencies: In the FT’s look at the week ahead in forex, Elsa Lignos, senior G10 currency strategist at RBC Capital Markets tells Alice Ross, the FT currencies correspondent, why the ECB rate cut has sent the euro south why sterling isn’t a true haven currency. F... by FT Hard Currency
1 min listen
Traders focus on yields: Simon Derrick, chief currency strategist at BNY Mellon and Alice Ross, FT currencies correspondent look at the week ahead in forex. Is the movement of funds out of the euro is a sign of flight, or the possible beginning of a carry trade in euros? Why t... by FT Hard Currency
1 min listen
Talking down the euro: With Mario Draghi's efforts to talk down the euro bearing fruit, Delphine Strauss, currencies correspondent, asks Jane Foley, strategist at Rabobank, whether investors are now expecting too much of the ECB. And with central banks around the world ... by FT Hard Currency
1 min listen
ECB backing sustains euro rise: Jane Foley, senior currency strategist at Rabobank, joins Alice Ross, FT currencies correspondent, to discuss how the European Central Bank’s confirmation of plans to buy government bonds in peripheral markets is supporting the euro – even if no actual... by FT Hard Currency
10 min listen
Why all countries are looking for a weak currency: Kathleen Brooks, research director at Forex.com talks to FT currencies correspondent Alice Ross about the prospects for more – and different - QE in the USA, why action from the Bank of Japan to weaken the yen is unlikely, and why the Australian dollar... by FT Hard Currency
9 min listen
Yen intervention unlikely, but markets expect more ECB bond buying: Derek Halpenny, European head of global currency research at Bank of Tokyo-Mitsubishi, talks to Alice Ross, FT currencies correspondent about why intervention from the Bank of Japan into the yen is unlikely despite the currency’s strength and why whils... by FT Hard Currency
1 min listen
Yen special: In a week in which the dollar has finally broken through the 100 barrier against the yen, currencies correspondent Alice Ross is joined by Ian Stannard, foreign currency strategist at Morgan Stanley to discuss the regional impact of the weaker yen and ... by FT Hard Currency
10 min listen
Pressures on the euro and safe havens: FT currencies correspondent Alice Ross talks to global head of FX strategy at HSBC David Bloom about the pressures on the euro and why he is forecasting a rise in value, the Norwegian krone’s haven status and why the pound is doing well. For informati... by FT Hard Currency
9 min listen
Currency intervention watch: Valentin Marinov, director of FX strategy at Citi, talks to FT currencies correspondent Alice Ross about currency interventions, looking at why the Swiss National Bank will keep defending the Swiss franc’s peg with the euro in the face of increasing mo... by FT Hard Currency
10 min listen
Will 2013 be the year of yen weakness?: As Japan prepares for an early election on December 16, the yen has come under pressure, falling against the dollar. Will this trend continue into next year? Ian Stannard, head of European FX strategy at Morgan Stanley, joins Alphaville reporter David ... by FT Hard Currency
9 min listen
Commodity currencies and the US dollar: With the Australian and New Zealand dollars hitting multi-month lows against the US dollar, Elsa Lignos, currency strategist at RBC Capital joins currencies correspondent Alice Ross to discuss the mood on commodity currencies. Also, is central bank int... by FT Hard Currency
8 min listen
Taper tantrum round two?: As the prospect of higher US interest rates puts emerging markets under renewed pressure, Delphine Strauss, currencies correspondent, asks Koon Chow, emerging markets strategist at Barclays, whether we will see a repeat of last year's 'taper ... by FT Hard Currency
1 min listen
After the flash crash: As investors nurse losses from last week's flash crash in US bond yields, Delphine Strauss, currencies correspondent, asks Valentin Marinov, strategist at Citigroup, what it would take to restore their confidence in the dollar, whether the Bank of... by FT Hard Currency
1 min listen
The dollar rally stalls: With Fed officials underlining concerns over the exchange rate, Delphine Strauss, currencies correspondent, asks Derek Halpenny, strategist at Bank of Tokyo Mitsubishi, whether the dollar’s three month surge can continue; how the yen is affected by cha... by FT Hard Currency
1 min listen
Is there any relief for emerging markets?: With the sell-off in EM currencies deepening, Delphine Strauss, currencies correspondent, asks Koon Chow of Barclays Capital, what is driving investors’ behaviour, how currency weakness will affect other assets - and which countries might welcome depre... by FT Hard Currency
9 min listen
Is Switzerland the new China?: This week our currencies correspondent Alice Ross is joined by Kit Juckes from Société Générale to discuss what's going on behind the scenes with the Swiss franc, what next for the euro following the recent ECB meeting and the strength of the Aust... by FT Hard Currency
1 min listen
What will the ECB do next?: As the euro continues to fall, when will the European Central Bank start buying government bonds and is that priced into the euro yet? Alice Ross, markets correspondent, discusses the outlook for the single currency as well as what central banks are... by FT Hard Currency
9 min listen
ECB rate cuts send euro tumbling, and Scottish referendum sends ripples through forex markets: As the ECB's rate cuts send the euro to a 14 month low, Delphine Strauss, currencies correspondent, asks Paul Lambert, fund manager at Insight Investment, how this changes the equation for the single currency. Also, are we about to see a new bout ... by FT Hard Currency
1 min listen

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Forget the dollar, follow the yield

Forget the dollar, follow the yield

Description

Titles in the series (100)

More Episodes from FT Hard Currency

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