MUFG
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US Dollar: Fragmentation risks and reserve diversification – MUFG
Michael Wan at MUFG discusses US threats of economic punishment on countries dealing with Iran and new sanctions on over…
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Japanese Yen: Weakness offsets intervention impact – MUFG
MUFG’s Michael Wan notes that US longer-end yields have returned close to pre-buyback levels, with the 10-year at 4.7% and…
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Asia FX: Lower US yields offset Oil risk – MUFG
MUFG’s Lloyd Chan notes that the Korean Won (KRW) and Taiwan Dollar (TWD) are leading Asia FX gains as softer…
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Chinese Yuan: Activity data and PBOC stance guide FX – MUFG
MUFG’s Asia FX Weekly highlights that China’s July activity indicators, following weak Q2 GDP, will be central for the Chinese…
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US Dollar: Softer tone with falling yields – MUFG
MUFG’s Lee Hardman notes the US Dollar (USD) is trading on a softer footing as Federal Reserve (Fed) rate hike…
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Indian Rupee: CPI and RBI repo rate risk skew higher – MUFG
MUFG’s Michael Wan notes India’s Consumer Price Index (CPI) is expected to edge up to 4.4% year-on-year from 4.3%. Reserve…
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US Dollar: Higher hurdle for sustained gains – MUFG
MUFG’s Derek Halpenny notes that weaker US jobs data have not triggered a strong reaction in Dollar or rates, as…
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Oil: Prices jump on Hormuz tensions – MUFG
MUFG’s Michael Wan notes that Oil has spiked on renewed tensions in the Strait of Hormuz, even as Brent remains…
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Indian Rupee: Gradual strengthening path outlined – MUFG
MUFG’s Michael Wan expects USD/INR to grind lower over the next 3–6 months towards 94.00, before rebounding to 96.00 in the next…
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Asia FX: Yen-led winners and export backdrop – MUFG
Michael Wan at MUFG explains that South Korean Won (KRW), Thai Baht (THB), Singapore Dollar (SGD) and, to a smaller…
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