Markets 360

With Xingdong (XD) Chen, Head of GM Economic Research, China Jason Lui, Head of East Asia Strategy BNP Paribas | Global Markets (Recorded 24 March 2022)    The China economy is facing headwinds from both domestic (Covid outbreaks) and external (Russia-Ukraine conflict) factors. We discuss how the Chinese policymakers may introduce new policy measures to maintaining their commitment of regaining gr...

With Olivia Frieser, Global Head of Markets 360 David Wilson,  Senior Metals Strategist BNP Paribas | Global Markets (Recorded 18 March 2022)    Have concerns over Russian Sanctions been a material factor in driving nickel prices to record highs?    For more information, please refer to https://markets360.bnpparibas.com For country-specific disclaimers and legal notices, please refer to https://gl...

With:  Sam Lynton-Brown, CFA, Head of Global Developed Markets Strategy Ankit Gheedia, CFA, Head of Equity & Derivatives Strategy, Europe BNP Paribas London Branch | Global Markets (Recorded 09 March 2022)    Slower growth, higher inflation and risk of policy tightening will weigh on equities in the near term, in our view. We would not buy the dip in equities in the very near term in Europe, d...

With:  Luigi Speranza, Chief Global Economist Paul Hollingsworth, Chief European Economist BNP Paribas | Global Markets (Recorded 04 March  2022)  With the pandemic still ongoing, the global economy now faces another shock in the form of the Russian invasion of Ukraine. Much like Covid, this is a shock which affects both the demand and supply side of the economies. It is also similar in that this...

With:  Marcelo Carvalho, Head of Global Emerging Markets Research   Luiz Eduardo Peixoto, Economist, Emerging Markets Burak Baskurt, CFA, Chief Emerging Markets Strategist BNP Paribas | Global Markets (Recorded 02 March  2022)  Significant sanctions were introduced on Russia in recent days, and more could come– suggesting the country may be cut off completely from much of the world economy and fin...

With:  Paul Hollingsworth, Chief European Economist   Luca Pennarola, Economist, Europe BNP Paribas | Global Markets (Recorded 17 February  2022)  We think supply chain bottlenecks should ease over the course of 2022. However, the road to a new normal could be a bumpy one. In this podcast, we explain how we are tracking developments and their impact on growth and inflation.  For more information,...

With:  Sam Lynton-Brown, CFA,  Head of Global Developed Markets Strategy Alex Jekov, G10 FX Strategist BNP Paribas | Global Markets (Recorded 15 February  2022)    We analysed USD performance during Fed rate hike cycles and reject the widely-held consensus that the USD peaks versus low beta FX prior to Fed lift-off, rather conclusions are nuanced. We find that the USD performed better when the sta...

With:  Paul Hollingsworth, Chief European Economist  Pawel Struski, Inflation & Macro Quant Strategist BNP Paribas | Global Markets (Recorded 2 February  2022)    As inflation reaches new record highs in the eurozone, are we going to see stronger wage growth coming through too? We think the answer is yes, but it will take time. In this podcast, we discuss what lies ahead for wage growth in the...

With Olivia Frieser, Global Head of Markets 360 David Martin, Head of Commodities Desk Strategy BNP Paribas | Global Markets (Recorded 3 February 2022)      OPEC+ concluded its monthly meeting on Wednesday.  On paper, the rapid endorsement of a further 400 kbd in March OPEC output is exactly what the market requires, in our opinion, given the continued recovery in demand.   However, in reality OPE...

With Olivia Frieser, Global Head of Markets 360 David Martin, Head of Commodities Desk Strategy David Wilson, Metals Strategist BNP Paribas | Global Markets (Recorded 3 February 2022)      In the hypothetical event of a full-blown conflict between Russia and Ukraine, we would expect the main impact on commodity markets to be higher European gas prices.  There could be further direct effects on glo...

With:  Marcelo Carvalho , Head of Global Emerging Markets Research Luiz Eduardo Peixoto, Economist, Emerging Markets BNP Paribas | Global Markets (Recorded 1 February 2022)     After western Europe, central and eastern parts of the continent and Latin America are fast becoming the epicentres of Covid-19 infection, to be followed by Asia.   For country-specific disclaimers and legal notices, please...

With:  Olivia Frieser, Global Head of Markets 360 Viktor Hjort, Global Head of Credit Strategy and Desk Analysts BNP Paribas | Global Markets (Recorded 25 January 2022)     The credit market has peaked, not because there will be any recession or defaults, but because of an imminent supply-demand shock.  For country-specific disclaimers and legal notices, please refer to https://globalmarkets.bnppa...

With:   Olivia Frieser, Global Head of Markets 360  Trevor Allen, Sustainability Research Analyst BNP Paribas | Global Markets (Recorded 20 January 2022)       A look at how the newly proposed rules for including natural gas and nuclear power as transitional fuels could impact investments.    For country-specific disclaimers and legal notices, please refer to https://globalmarkets.bnpparibas.com/g...

With:   Paul Hollingsworth, Chief European Economist   Amarjot Sidhu Economist, UK and Europe Andrew Schneider Senior Economist, US BNP Paribas | Global Markets (Recorded 14 January 2022)   As governments withdraw support this year, are we heading towards a fiscal cliff in advanced economies? We think not, but the answer isn’t so clear cut from the numbers. In this podcast, we discuss how to inter...

With:  Sam Lynton-Brown, CFA, Head of Global Developed Markets Strategy Ankit Gheedia, CFA, Head of Equity & Derivatives Strategy, Europe BNP Paribas London Branch | Global Markets (Recorded 13 January 2022)    We remain positive on European equities for the year ahead, with an H1 2022 target of 4700 for the SX5E index.  We think a combination of earnings revisions, bearish positioning towards...

With:   Olivia Frieser, Global Head of Markets 360  Luigi Speranza, Chief Global Economist   Shahid Ladha, Head of Strategy for G10 rates north America. BNP Paribas | Global Markets (Recorded 12 January 2022)        The Federal Reserve has shifted more hawkish in recent weeks – expressing concerns over high inflation and comfort over the level of employment.  We expect the Fed to lift-off in March...

With:  Olivia Frieser, Global Head of Markets 360 Luigi Speranza, Chief Global Economist  BNP Paribas London Branch | Global Markets  (Recorded 17 December 2021)    We discuss the outcome of the December meetings and the next likely moves of the Fed, ECB, BoE and BoJ. For country-specific disclaimers and legal notices, please refer to https://globalmarkets.bnpparibas.com/gm/home/Markets_360_Countr...

With:  Luigi Speranza , Chief Global Economist  Paul Hollingsworth , Chief European Economist  BNP Paribas London Branch | Global Markets  (Recorded 9 December 2021)   Listen to our latest podcast on the final central bank meetings of 2021 and to what extent the emergence of the Omicron variant will affect decisions.  For country-specific disclaimers and legal notices please refer to: https://glob...

With:  Olivia Frieser, Global Head of Markets 360   Luigi Speranza, Chief Global Economist  Sam Lynton-Brown , Head of Global Developed Markets Strategy BNP Paribas London Branch | Global Markets  (Recorded 2 December 2021)  The new omicron variant is likely to be a drag on activity in the near term but does not substantially alter our positive view on the medium-term outlook for the global econom...

Listen to our first public podcast!  (Recorded 22 November 2021)    With:  Olivia Frieser, Global Head of Markets 360   Luigi Speranza, Chief Global Economist  Marcelo Carvalho, Head of Global Emerging Markets Research   Sam Lynton-Brown, Head of Global Developed Markets Strategy BNP Paribas London Branch | Global Markets    Our Global Outlook for the year ahead:  Global growth: While many see a r...