Hard Currency show

Hard Currency

Summary: The FT's currency show takes a hard look at what's driving the largest market in the world, discussing market trends, political and economic factors affecting global currencies. Correspondent Delphine Strauss talks to global experts on the foreign exchange market about their views on the week ahead. You can find more currency markets news from the Financial Times on our website and listen to more episodes of FT Hard Currency on iTunes, Stitcher, Audioboom or Soundcloud.

Podcasts:

 China's dramatic policy shift | File Type: audio/mpeg | Duration: 00:12:50

A dramatic shift in China's exchange rate policy has seen the renminbi fall for three consecutive days, throwing the markets off course. Roger Blitz asks Charles St-Arnaud of Nomura what this critical moment in the world's biggest economy signals for the rest of the world.

 Lessons of Super Thursday | File Type: audio/mpeg | Duration: 00:11:15

Michael Hunter is joined by Stephen Gallo of Bank of Montreal to discuss what we learnt about the timing and pace of the Bank of England's next move on interest rates, the performance of the pound, and the risks weighing on the minds of Fed and BoE policymakers as they ponder when to raise rates

 Show me the data | File Type: audio/mpeg | Duration: 00:10:33

Geoff Yu, strategist at UBS, tells Michael Hunter which numbers the Fed will be looking at as the approaching US rate rise dominates the market. He also offers a view on the curious strength of the euro, sterling's prospects and the outlook for emerging market currencies.

 All eyes on the screens | File Type: audio/mpeg | Duration: 00:10:38

Kamal Sharma, currency strategist at Bank of America Merrill Lynch, tells Roger Blitz when he thinks the Fed and the Bank of England will move on rates, as data continues to drive the markets

 Crises, what crises? | File Type: audio/mpeg | Duration: 00:13:26

As worries about Greece, China and the oil price ease in the forex market, Roger Blitz talks to Alan Wilde of Baring Asset Management about whether the market really has recovered its risk appetite and about just how hawkish the UK and US central banks truly are

 Yen, dollar, or duvet? | File Type: audio/mpeg | Duration: 00:11:20

After a week when China added to market nerves already frayed by Greece and the price of oil took a dive, Roger Blitz asks Hamish Pepper, currency strategist at Barclays how investors should react. Should they flock to the yen, the haven of the moment, learn to love the dollar again, or take a break and wait until the fuss dies down?

 Greece-free zone | File Type: audio/mpeg | Duration: 00:13:10

Steven Englander, head of global FX strategy at Citigroup, tries to avoid talking about the Greek debt crisis with Roger Blitz, and instead discusses the currency themes from the first half of 2015 and what to expect for the rest of the year

 Terminal illness or just a scratch? | File Type: audio/mpeg | Duration: 00:10:59

Adam Cole of Royal Bank of Canada talks to Roger Blitz about the health of the euro in the climate of the Greek crisis, and why risk appetite in the currency universe may be short-lived.

 Markets unruffled by Greece as Fed signals caution | File Type: audio/mpeg | Duration: 00:10:23

Roger Blitz talks to Stephanie Flanders, chief market strategist for Europe at JP Morgan Asset Management, about what Fed Chair Janet Yellen's statement means for the likelihood of a September rate rise, Greece's impact on the euro, and whether the pound is looking like a safe haven currency.

 Of gods and governors | File Type: audio/mpeg | Duration: 00:09:57

Matthew Cobon, fund manager at ColumbiaThreadneedle, tells Roger Blitz why central bankers are not as omnipotent as the markets think they are, why he is steering clear of emerging markets, and where volatility is coming from.

 The euro-dollar rally, central bank signals and risk around the Turkish election | File Type: audio/mpeg | Duration: 00:09:40

Roger Blitz is joined by David Bloom, global head of currency strategy at HSBC, to discuss the euro-dollar rally, how the markets read the Fed's forward guidance and other central bank signals, and political risk in forex ahead of the Turkish election.

 Will volatility spikes lead to something much bigger? | File Type: audio/mpeg | Duration: 00:08:15

Ralph Atkins and his guest John Normand of JP Morgan discuss recent patterns of currency turbulence, why the Yen has fallen - and what will happen to sterling as UK election excitement fades

 Which way for the Japanese yen? | File Type: audio/mpeg | Duration: 00:09:10

Roger Blitz and his guest Ian Stannard of Morgan Stanley discuss where the Japanese currency is headed now that it has broken out of its long-held range, as well as this week's euro volatility.

 US data put a dampener on markets | File Type: audio/mpeg | Duration: 00:11:10

Roger Blitz is joined by Ugo Lancioni of Neuberger Berman to discuss the US economy's weak performance and its impact on the currency markets, whether the eurozone is on a sustained path to recovery, and the post-election shine on sterling.

 A week of corrections | File Type: audio/mpeg | Duration: 00:08:51

Roger Blitz discusses this week's market unwinding with Roger Hallam, of JPMorgan Asset Management. With the dollar down, the euro up, Brent crude oil close to $70 a barrel and bonds being sold off, is this a return to some semblance of normality?

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