Markets 360

Trevor Allen, Head of Sustainability Research  Sumati Semavoine-Jain, Sustainability Research Analyst   BNP Paribas London Branch | Global Markets (Recorded 27 January 2024)  In this podcast, we unpack what sustainability means for the housing sector. We see social value as a key overarching principle, defined in terms of the green and social goals it combines. In our view, an integrated approach...

Trevor Allen, Head of Sustainability Research  Jinyi Yue, Sustainability Research Analyst BNP Paribas London Branch | Global Markets (Recorded 26 September 2024)  Global stock take at COP28 underlined for the first time that low-carbon H2 production should be accelerated alongside other clean technology types. With progress made on national strategies and regulatory frameworks, clean H2 is set to...

Trevor Allen, Head of Sustainability Research  Jinyi Yue, Sustainability Research Analyst Jason Ying, Commodities Desk Strategist BNP Paribas London Branch | Global Markets (Recorded 28 June 2024)  This episode delves into the evolving landscape of EVs and sustainability. From current EV sales trends to charging infrastructure and battery supply chain, join us as we discuss key findings of our EV...

With: Trevor Allen, Head of Sustainability Research | BNP Paribas London Branch Sumati Semavoine-Jain, Sustainability Research Analyst | BNP Paribas London Branch Natural capital is quickly becoming an essential consideration for the creation of government policy, reporting practices, and investment strategy. With the Global Biodiversity Framework defining the ambition in 2022, we expect efforts t...

Trevor Allen, Head of Sustainability Research  Jeffrey Schultz, Chief CEEMEA Economist Sumati Semavoine-Jain, Sustainability Research Analyst   Niccolo Carrara, Emerging Markets Economist BNP Paribas London Branch | Global Markets (Recorded 04 January 2024)  • There are significant pockets of vulnerability in countries’ ability to respond to physical risks related to climate change, according to o...

With: Niccolo Carrara , Economist, Emerging Markets | BNP Paribas London Branch   This podcast was recorded  9 November 2023 Artificial intelligence provides some threats to emerging markets, we think. To avoid sharp distortion across countries, regulation requires harmonisation at the global level, which could be hard to find amid US-China geopolitical tensions. An unequitable distribution of ben...

Carl Riccadonna, Chief Economist, US Andrew Schneider, Senior Economist, US  Andrew Husby, Senior Economist, US   BNP Paribas | Global Markets (Recorded 10 October 2023)   The US consumer has powered ahead this year, but we see several factors that could slow spending in the near term. Most lower and middle-income households have depleted their excess savings, while interest payments as a share of...

Trevor Allen, Head of Sustainability Research  Sumati Semavoine-Jain, Sustainability Research Analyst   BNP Paribas London Branch | Global Markets (Recorded 18 August 2023)  Physical climate risk is rising in intensity and frequency globally.  (Re)insurance plays the essential role of shock absorber, protecting from a natural disaster’s second-round impacts on economic activity and the wider finan...

Carl Riccadonna, Chief Economist, US Andrew Schneider, Senior Economist, US  Yelena Shulyatyeva, Senior Economist, US Andrew Husby, Senior Economist, US  BNP Paribas | Global Markets (Recorded 03 August 2023)  We expect household excess savings – which has bolstered consumer spending over the last eighteen months – be depleted by the end of this year. Watch for more price elastic consumer spending...

Pamela Díaz Loubet, Economist, Mexico Debora Luncaorte, Economist, Mexico  BNP Paribas | Global Markets (Recorded 10 July 2023)  We discuss Mexico’s disinflation process, its risks and implications for the monetary policy path in  the country. For more information, please refer to : https://bnpp.lk/EyODgb   For country-specific disclaimers and legal notices, please refer to https://globalmarkets.b...

Carl Riccadonna, Chief Economist, US Yelena Shulyatyeva, Senior Economist, US Andrew Schneider, Senior Economist, US BNP Paribas | Global Markets (Recorded 27 June 2023)  Analysts looking for an easing of lending conditions in the 2nd quarter may be in for a surprise based on the latest banking conditions survey from the 11th Fed district. Ongoing financial sector stress poses a brisk head wind to...

Sumati Semavoine-Jain , Sustainability Research Analyst  BNP Paribas | Global Markets (Recorded 13 June 2023)  Water has been rising on the agenda of sustainable investors this year. We address some of the main questions/challenges in this episode. Access to clean freshwater has generally been taken for granted, leading to wastage and pollution. However, with increasing supply chain transparency a...

Niccolo Carrara , Emerging Markets Economist  BNP Paribas | Global Markets (Recorded 07 June 2023)  Our property update suggests there are still downside risks to house prices globally, especially in a scenario of tighter-than-expected financial conditions. Residential housing prices remain elevated in level terms, hurting affordability and investor sentiment. Our indicator suggests housing unaffo...

Jeffrey Schultz , Chief Economist, Middle East and Africa  Nic Borain , Politics Analyst, South Africa  BNP Paribas | Global Markets (Recorded 07 June 2023)  South Africa is accused by US ambassador of helping to arm Russia, as several negative risk (loadshedding) spike     For more information, please refer to : https://bnpp.lk/EyODgb   For country-specific disclaimers and legal notices, please r...

Mario Castro , Senior FX & Rates Strategist  A weak dollar trend coupled with attractive carry has made LatAm markets attractive again. We expect the trend to continue but with some bumps down the road.  BNP Paribas | Global Markets (Recorded 24 May 2023)  For more information, please refer to : https://bnpp.lk/EyODgb      For country-specific disclaimers and legal notices, please refer to htt...

Trevor Allen, Head of Sustainability Research  Megan Dale, Sustainability Research Analyst   Sumati Semavoine-Jain, Sustainability Research Analyst   BNP Paribas London Branch | Global Markets (Recorded 18 May 2023)  In this episode, we look into the latest developments in Sustainable Finance, reviewing: the progress seen at Earth Day, 2023 sustainable bond issuance and conclusions from the recent...

With:  Carl Riccadonna, Chief Economist, US  Yelena Shulyatyeva, Senior Economist, US Andrew Schneider, Senior Economist, US   Andrew Husby CFA, Senior Economist, US   BNP Paribas | Global Markets (Recorded 10 May 2023)  The latest data indicated banks tightened standards to an even greater degree than an already-elevated intensity at the end of last year and across all major categories. The bread...

With:  Jeffrey Schultz , Chief Middle East and Africa Economist | BNP Paribas South Africa Branch Niccolo Carrara, Economist, Emerging Markets | BNP Paribas London Branch This podcast was recorded 2 May 2023 EM food prices look set to remain well above levels consistent with inflation targets even as base effects suppress year-on-year rates of price growth.  We expect inelastic food demand, suppor...

With:  Marcelo Carvalho ,  Global Head of Economics Dani Stoilova , Economist, Europe Mariana Monteiro , Economist, Europe Megan Dale , Sustainability Research Analyst    BNP Paribas London Branch  | Global Markets (Recorded 25 April 2023)  The proposed Green Deal Industrial Plan would be net positive for the EU outlook, in our view, supporting private investment and new green and clean-tech jobs....

With:  Jason Lui, Markets 360 APAC Coordinator and Head of APAC EQDStrategy   Jacqueline Rong, Economist, Europe   Christopher B Li, Credit Trading Desk Analyst   BNP Paribas | Global Markets (Recorded 11 April 2023)  China’s economy and banking system are largely insulated from recent banking stress in DM countries, in our view.   Chinese policymakers’ campaigns against financial risks in the pas...

With:  Spyros Andreopoulos , Senior Economist, Europe  Dani Stoilova , Economist, Europe  BNP Paribas | Global Markets (Recorded 03 April 2023)  The ECB might find the eurozone’s resilient labour market a tough nut to crack. After all, we see three factors behind the tight labour market: strong and resilient aggregate demand, labour shortages due to demographics and mismatch. As a result, the ECB...

With:  Pamela Díaz Loubet, Economist, Mexico BNP Paribas | Global Markets (Recorded 27 March, 2022)  We discuss Mexico’s monetary policy as the cycle nears its end. In particular, how the reaction function has changed after the financial turmoil and the extent to which the Fed might have influence over Banxico’s decisions.  For more information, please refer to https://markets360.bnpparibas.com  ...

With: Trevor Allen, Head of Sustainability Research   Paola Lamedica, Head of Credit ESG and Derivatives Strategy   Paola addresses climate transition and examines to which extent corporates and sectors are progressing towards their net zero pledges.  Intentions are good, excellent even but it’s reality that lets us down. Some sectors are worse than other, especially within high-emitters.  We anal...

Trevor Allen, Head of Sustainability Research   Sumati Semavoine-Jain, Sustainability Research Analyst   With the IRA, the US looks to boost domestic growth, tackle supply chain vulnerabilities and offer more policy certainty, mostly in the form of tax credits. The US approach is in stark contrast to that of the EU, adopting more of a 'carrots without sticks' strategy, in our view. In turn, it mig...

Trevor Allen, Head of Sustainability Research   Paola Lamedica, Head of Credit ESG and Derivatives Strategy Sumati Semavoine-Jain, Sustainability Research Analyst  Trevor, Paola and Sumati respond to Isabel Schnabel’s recent speech on greening the ECB bond portfolio.  The ECB's tilt towards Green and sustainable bonds will remain strong.  Within the most polluting sectors, they expect the highest...