At Any Rate

Global Commodities: Cocoa market crunch

Global Rates: European rates summer themes – seasonality, swap spreads, SSAs and gilts

Global FX: Keeping the bearish USD view

Global Commodities: 50% copper tariffs coming soon; now comes the copper hangover

Asia Cross Asset: Tariff Updates and the Impact on Asia

Global Commodities: Global upstream Oil & Gas capital spending faces first contraction since 2020

Global FX: Deep-dive into global FX hedge ratios

In J.P. Morgan's "At Any Rate" podcast, Meera Chandan and her global team—Ben Jarman, Octavia Popescu, and Patrick Locke—discuss FX hedging and rebalancing, particularly focusing on the significant role of U.S. equities in global positioning. The discussion covers Australia's pension fund system and its low hedge ratio...

Global FX Derivatives: Thin Cushion. A Slippery Slope from Calm to Uncertainty

Global Rates: European rates markets roundup: German fiscal, NATO meeting, carry themes, de-dollarisation flows and UK rates

Global FX: Mid-Year Outlook - Tell me something new

Global Commodities: Big crops are unlikely to build world stocks, agri outlook into 2H25

US Rates: DM swap spread outlook

Oil Prices and Asia - Macro and Market Implications?

Asia Cross Asset: Oil Prices and Asia - Macro and Market Implications?

Global Rates: European rates Scandi and UK central bank round up

Global FX and Economics: A look back to monetary policy and a look ahead to fiscal

Global Commodities: The unintended consequences of destabilizing Iran

EM Fixed Income: Weighing the impacts of Middle East escalation

Global Rates: Monthly Inflation Outlook

US Rates: US rates market 2H25 outlook