AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
At Any Rate
Global FX: On Japan intervention/ GPIF, dollar supports and European data
Jul 12, 2024
Global FX experts discuss Japan intervention impact on yen, CPI & payrolls on dollar, and European data implications on EUR, GBP, and Scandi FX. Analysis includes GPIF asset changes, US economic indicators, European data influence, and global currency trends.
21:00
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- GPIF's asset allocation affects yen flows, US data moderates dollar's strength.
- European inflation prints pose challenges for Scandi currencies, BOE's policy impacts sterling.
Deep dives
Impact of GPIF on Yen and Japan's Economy
The podcast delves into the impact of GPIF, Japan's pension fund, on the yen and the country's economy. It discusses how GPIF's shifts in asset allocation influence capital outflows from Japan and potential repatriation flows. By increasing investments in foreign bonds, Japan faces challenges in achieving expected returns due to the low-interest rate environment. The analysis suggests that changes in GPIF's basic portfolio could lead to substantial yen buying, affecting currency dynamics.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode