Podcast by J.P. Morgan analysts on global markets, At Any Rate

At Any Rate

Podcast by J.P. Morgan analysts on global markets

Analysts from J.P. Morgan’s Research team take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.

Commodities

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul><li>Gold seen as a safe haven and store of value amidst diversification away from the dollar</li><li>Concerns about potential election outcomes and fiscal deficit driving urgency to own gold</li><li>Bullish outlook for gold and silver, with attendees predicting high prices in the near future</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Gold seen as a safe haven and store of value amidst diversification away from the dollarConcerns about potential election outcomes and fiscal deficit driving urgency to own goldBullish outlook for gold and silver, with attendees predicting high prices in the near futureThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Commodities: Gold gains as upcoming US election restokes the “debasement trade”

Macroeconomics

<ul><li>EM corporates forecast for 2025 launched, first of many forecasts to come</li><li>Previous years saw high default rates, particularly in China, Russia, and Latin America</li><li>2023 saw a significant decrease in default rates, with 2025 projected to have even lower rates, with Asia and Europe showing moderate rates</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

EM corporates forecast for 2025 launched, first of many forecasts to comePrevious years saw high default rates, particularly in China, Russia, and Latin America2023 saw a significant decrease in default rates, with 2025 projected to have even lower rates, with Asia and Europe showing moderate ratesThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Give EM Credit Where It’s Due EM Corporate 2025 Default Outlook

FX & Rates

The US dollar is the official currency of the United States of America.

<ul><li>Discussion on the impact of elections on FX and various hedges</li><li>Focus on trade and fiscal policies as key factors influencing FX</li><li>Potential scenarios and dominant teams in different election outcomes, with Republican sweep seen as favorable for dollar strength</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Discussion on the impact of elections on FX and various hedgesFocus on trade and fiscal policies as key factors influencing FXPotential scenarios and dominant teams in different election outcomes, with Republican sweep seen as favorable for dollar strengthThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global FX: US elections: A roadmap for FX and hedges

The Canadian dollar is the official currency of Canada. 

<ul><li>US economic growth has shown exceptional resilience, with a strong payrolls report and other positive macroeconomic factors</li><li>Higher US yields may put pressure on dollar shorts and lead to a potential capitulation in those positions</li><li>Canadian dollar baskets may outperform in this environment, with higher US yields benefiting the CAD</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

US economic growth has shown exceptional resilience, with a strong payrolls report and other positive macroeconomic factorsHigher US yields may put pressure on dollar shorts and lead to a potential capitulation in those positionsCanadian dollar baskets may outperform in this environment, with higher US yields benefiting the CADThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global FX: It was hard enough in the first place

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

<ul><li>Brent oil futures trading in line with fair value, with bullish bias in options, as volume of bullish calls hit record high</li><li>Ongoing conflict between Israel and Iran raising concerns about further escalation, with recent attacks and strikes indicating potential for heightened tensions</li><li>Global oil inventories are significantly lower than in previous years, potentially impacting market dynamics and prices as demand and inventory levels play a key role</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Brent oil futures trading in line with fair value, with bullish bias in options, as volume of bullish calls hit record highOngoing conflict between Israel and Iran raising concerns about further escalation, with recent attacks and strikes indicating potential for heightened tensionsGlobal oil inventories are significantly lower than in previous years, potentially impacting market dynamics and prices as demand and inventory levels play a key roleThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Commodities: This time, it feels different

At Any Rate
Podcast by J.P. Morgan analysts on global markets

Global Commodities: Gold gains as upcoming US election restokes the “debasement trade”

Gold and silver are seen as safe haven investments amidst diversification away from the dollar, with a bullish outlook for both metals despite...

At Any Rate

Give EM Credit Where It’s Due EM Corporate 2025 Default Outlook

The launch of EM corporates forecast for 2025 predicts a significant decrease in default rates, with China, Russia, and Brazil being key drivers in...

At Any Rate

Global FX: US elections: A roadmap for FX and hedges

JPMorganmarkets.com provides valuable insights on the impact of elections, tariffs, and fiscal policies on the FX market, with potential scenarios...

At Any Rate

Global FX: It was hard enough in the first place

The US economy is experiencing strong growth, with blockbuster payrolls reports exceeding expectations, while markets grapple with interest rate...

At Any Rate

Global Commodities: This time, it feels different

Overall, the oil market is currently stable but facing potential risks from geopolitical tensions and supply concerns, with options trading showing...

At Any Rate