At Any Rate

Global FX: Hawkish Fed & dovish BoJ force a Yen forecast rethink

Global Commodities: China’s LNG demand to peak in early 2030s

EM Fixed Income: Not spooked yet

In J.P. Morgan's "At Any Rate Emerging Markets Focus" podcast, Jonny Goulden, Anezka Christovova, and Ben Ramsey discuss key developments in emerging market fixed income, focusing on growth themes, the Fed's stance, and the Argentinian elections. They analyze recent data indicating a pivot towards growth, particularly ...

Asia Cross Asset Podcast: From Abenomics to ‘Sanae-nomics’ - What to expect for Japan policies, markets and the Yen

At Any Rate: Of funding and refundings

In this episode of J.P. Morgan's "At Any Rate" podcast, host Jay Barry discusses recent developments in repo markets and Treasury supply with experts Teresa Ho and Phoebe White. Teresa Ho explains the confluence of factors leading to increased funding pressures and suggests the Fed should end QT and consider lowering I...

Global FX: Japan focus, US/China, PMIs, Fed/ECB

In this week's "At Any Rate" podcast, Pat Locke and a panel of FX strategists including Meera Chandan, Arindam Sandilya, Junya Tanase, and James Nelligan discuss various factors influencing the FX market. The panel examines the lack of volatility in the G10 space despite movements in other markets like gold, and they e...

Global Commodities: Oil glut paves way for stronger sanctions. If enforced

EM Fixed Income: Reviewing the global & previewing the upcoming idiosyncratic

In this episode of the "At Any Rate Emerging Markets Focus" podcast, Jonny Goulden, Anezka Christovova, and Gisela Brant from J.P. Morgan discuss recent developments and key issues in emerging market fixed income. They address the current market environment, influenced by the U.S. government shutdown and various geopol...

Taking stock of the evolving value proposition of stablecoins

Global Commodities: Cocoa demand crunch not as bitter as feared

US Rates - Does QT's end matter for funding and Treasury markets?

In this episode of J.P. Morgan's "At Any Rate" podcast, Phoebe White and Teresa Ho discuss the rates market's recent volatility, influenced by headlines from Washington, bank earnings, and trade tensions. They delve into the front end of the curve, examining the firming in repo markets and the surprising spike in SOFR,...

Global FX: Sailing the USD Bearish Ship in Murky Waters

European Rates: market moves, 2026 Euro area issuance, SSAs, Scandi markets and European inflation

Asia Cross Asset Podcast: Japan - The New LDP Leader: Implications for policy and markets

The Asia Cross Asset Podcast focuses on the potential impact of Sanae Takaichi's election as President of the Liberal Democratic Party on Japan's economic policy and markets. The discussion covers Takaichi's fiscal policy proposals, the Bank of Japan's independence, currency market dynamics, and potential interventions...

Global FX and Commodities: The bullish case for gold, the bearish case for USD ex-yen and the shutdown showdown

EM Sovereign External Repayment Risks: Staying alive after 2025

Global FX: Shutdown limbo

Global Rates: Cross currency basis 4Q25 outlook

Global Commodities: Agri trade returns to President Trumps Agenda

EM Fixed Income: Is better growth worse for EM?