Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.Free Access
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
J.P.Morgan note that “late November saw Japanese investors net selling foreign assets, potentially representing some profit-taking amid concerns over the Omicron variant. But overall Japanese capital flows remain light; deleveraging/de-risking in foreign spec positioning looks to be the dominant driver of recent USD/JPY price action. This looks consistent with USD/JPY recoupling to long-end yields, rather than short-end rate spreads (JPY spec positioning has been closely aligned with the trajectory of U.S. 10-Year yields). A decisive recovery in sentiment, and/or some widening in long-end spreads, is probably a prerequisite for USD/JPY to break out of its recent range.”