Synopsis
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 worlds largest market.
Episodes
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Mind the gap
27/11/2015 Duration: 13minAdam Cole of RBC Capital Markets tells Katie Martin why the euro and dollar still pounce on well-known signs of contrasting US and European monetary policy. See acast.com/privacy for privacy and opt-out information.
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Leave EM be
20/11/2015 Duration: 14minPeter Kinsella of Commerzbank tells Roger Blitz why the rally in emerging market currencies will be short-lived but why there won't be a full-scale resumption in FX declines See acast.com/privacy for privacy and opt-out information.
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Drag on the market
12/11/2015 Duration: 12minAs Mario Draghi continues to talk down the euro, Roger Blitz discusses with Derek Halpenny of Bank of Tokyo-Mitsubishi UFJ the ECB's president's options for further monetary easing, and what the dollar's strength means for the yen and emerging market currencies. See acast.com/privacy for privacy and opt-out information.
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Fireworks at the Fed, BoE backs off
06/11/2015 Duration: 13minRoger Blitz asks Kit Juckes of Societe Generale what he makes of Federal Reserve chair Janet Yellen's increasingly optimistic words on a December rate hike, and how they contrast with the surprising dovishness of Bank of England governor Mark Carney. See acast.com/privacy for privacy and opt-out information.
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Will there be a Christmas rate rise from the Fed?
29/10/2015 Duration: 08minJust how hawkish is Janet Yellen really feeling after this week's US Federal Reserve meeting raised the prospect of a festive-season rate rise? Michael Hunter talks to Steven Saywell of BNP Paribas on what the Fed really means and what it means for other central banks. See acast.com/privacy for privacy and opt-out information.
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All eyes on China
22/10/2015 Duration: 11minHow wobbly is the Chinese economy and what impact will this have on its trading partners. Are we in for a sustained period of market instability? Roger Blitz discusses these and other currency market questions with Simon Derrick of BNY Mellon See acast.com/privacy for privacy and opt-out information.
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EM emerging from the doldrums?
15/10/2015 Duration: 12minRoger Blitz asks Dominic Bunning of HSBC what's behind the recent sprightliness of some emerging market currencies. Can the new-found optimism last, or is it a short-term reversal? See acast.com/privacy for privacy and opt-out information.
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Mate's rates wait grates for Britain
08/10/2015 Duration: 11minWhat influence is the Federal Reserve's rate hike caution having on its transatlantic partner? Roger Blitz talks to Ian Stannard of Morgan Stanley about Britain's inflation problem, the drawbacks in the UK economy and the impact of sterling fluctuation on Bank of England monetary policy. See acast.com/privacy for privacy and opt-out information.
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Holes in the walls of the Brics
01/10/2015 Duration: 11minIn a week dominated by Brazil, Russia, India and China, Roger Blitz and Ilan Solot of Brown Brothers Harriman discuss why the Bric countries continue to show why they are important to the currency market despite the growing gulf in the fortunes of this once-vaunted group. See acast.com/privacy for privacy and opt-out information.
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Adjusting to the new FX reality
24/09/2015 Duration: 11minRoger Blitz talks to Marvin Barth of Barclays about market turbulence, the impact of slowing growth in China, the spread of "Dutch disease" and the trend for central banks to opt for negative interest rates See acast.com/privacy for privacy and opt-out information.
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Fed up with waiting
10/09/2015 Duration: 14minSteven Englander of Citigroup tells Roger Blitz how the rest of the world views the Fed's contortions over its rate hike options, why some central banks are gripped by paralysis and what the ideal circumstances might be in the US economy for a rate hike. See acast.com/privacy for privacy and opt-out information.
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The inflation conundrum
03/09/2015 Duration: 13minVincent Chaigneau of Société Générale tells Roger Blitz how falls in commodity prices and emerging market currencies are making it harder for central banks in developed countries to reach their inflation targets. See acast.com/privacy for privacy and opt-out information.
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Surprised by the surprise
27/08/2015 Duration: 13minWhy the panic? Paul McNamara, portfolio manager at GAM Holding, tells Roger Blitz why the markets should not have been shocked by China's slowing economy, how it plays on the Fed's rate hike calculations and why the bottom in emerging market currencies may soon be reached. See acast.com/privacy for privacy and opt-out information.
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China contagion spreads
20/08/2015 Duration: 08minRoger Blitz and Jane Foley of Rabobank discuss the repercussions of China's economic weakness, with emerging market fundamentals laid bare and the Fed's dilemma over when to move on interest rates intensified. See acast.com/privacy for privacy and opt-out information.
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China's dramatic policy shift
13/08/2015 Duration: 12minA dramatic shift in China's exchange rate policy has seen the renminbi fall for three consecutive days, throwing the markets off course. Roger Blitz asks Charles St-Arnaud of Nomura what this critical moment in the world's biggest economy signals for the rest of the world. See acast.com/privacy for privacy and opt-out information.
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Lessons of Super Thursday
06/08/2015 Duration: 11minMichael Hunter is joined by Stephen Gallo of Bank of Montreal to discuss what we learnt about the timing and pace of the Bank of England's next move on interest rates, the performance of the pound, and the risks weighing on the minds of Fed and BoE policymakers as they ponder when to raise rates See acast.com/privacy for privacy and opt-out information.
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Show me the data
30/07/2015 Duration: 10minGeoff Yu, strategist at UBS, tells Michael Hunter which numbers the Fed will be looking at as the approaching US rate rise dominates the market. He also offers a view on the curious strength of the euro, sterling's prospects and the outlook for emerging market currencies. See acast.com/privacy for privacy and opt-out information.
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All eyes on the screens
23/07/2015 Duration: 10minKamal Sharma, currency strategist at Bank of America Merrill Lynch, tells Roger Blitz when he thinks the Fed and the Bank of England will move on rates, as data continues to drive the markets See acast.com/privacy for privacy and opt-out information.
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Crises, what crises?
16/07/2015 Duration: 13minAs worries about Greece, China and the oil price ease in the forex market, Roger Blitz talks to Alan Wilde of Baring Asset Management about whether the market really has recovered its risk appetite and about just how hawkish the UK and US central banks truly are. See acast.com/privacy for privacy and opt-out information.
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Yen, dollar, or duvet?
09/07/2015 Duration: 11minAfter a week when China added to market nerves already frayed by Greece and the price of oil took a dive, Roger Blitz asks Hamish Pepper, currency strategist at Barclays how investors should react. Should they flock to the yen, the haven of the moment, learn to love the dollar again, or take a break and wait until the fuss dies down? See acast.com/privacy for privacy and opt-out information.