Asia FX Talk – USD upside fades, Won leads Asia FX
The US dollar weakened after US Treasury Secretary Bessent announced a significant expansion of long-dated Treasury buyback operations,…
Asia FX Talk – Softer dollar supports regional FX, but geopolitical risks remain
Neither the US nor Iran appears incentivized to escalate further given the huge economic and military costs involved.…
Asia FX Talk – What if JPY strengthens further? Impact to Asia FX
Certainly the focus this week in markets continues to be on the Japanese Yen, with a rebound in…
Asia FX Talk – US inflation decline softens Fed rate hike expectations
US inflation surprised to the downside in June, with headline CPI easing to 3.5%yoy from 4.2%yoy and below…
Asia FX Talk – Renewed Middle East geopolitical risks
External pressures on Asia FX remain in the near term, although domestic fundamentals and central bank responses are…
MUFG and JCB court rich Southeast Asians with luxury card for Japan visits
Finance Premium product to launch first in Indonesia and Thailand with dining, booking perks MUFG Bank and JCB are aiming…
Asia FX Talk – Asian currencies modestly weaker
Talks between the US and Iran seem to have progressed quite well, with US Vice president JD Vance…
Japan Economic & Financial Weekly
JGB market developments for the week of June 15 will probably depend on 1)whether the US and Iran…
Indonesia: USDIDR supported by macro headwinds, but reversal risks building
Macro headwinds remain dominant. Higher US yields (2-year yield above 4%), elevated oil prices, and narrowing interest rate…
Asia FX Talk – USD capped despite stronger-than-consensus NFP
The upside risks to US labour data have played out. April nonfarm payrolls rose 115k, well above consensus…
BoE Preview – Trying to sound calm
We expect the BoE will leave policy unchanged at this week’s meeting but leave little doubt that rate…
European Macro Weekly – MUFG Research
European Macro Weekly MUFG ResearchMiddle East war ‘could wipe out 75% of chancellor’s budget headroom’; UK inflation climbs to…