Callum Henderson
Callum Henderson
assumption cap clear comments implicit indeed japan rise tim time warning
The comments by Tim Adams were a bombshell. This is the first clear warning in a very long time by the U.S. that Japan shouldn't cap the rise in the yen. The implicit assumption is the yen will indeed strengthen.
cheapest inevitably regain
The yen is the cheapest it has been for 20 years and will inevitably regain ground.
albeit continue expect fed taiwan
We expect the CBC to continue to tighten, albeit slowly, even after the Fed stops. We like the Taiwan story a lot.
dollar expect fed fully market percent pricing raise rates receive risk support
We expect the Fed to raise rates to 4.75 percent in March. The market isn't fully pricing this in, so it suggests a risk the dollar will receive support in the short-term.