Saad Siddiqui

Saad Siddiqui, Head of EM Local Market Strategy, dives into the complexities of currency dynamics and EM carry, while Nora Szentivanyi, a Senior global economist at JPMorgan, sheds light on trade policies and inflation trends. They discuss the impact of U.S. trade policies on emerging markets, scrutinize inflation forecasts, and tackle the outlook for EM currencies amidst a potential dollar weakening. The duo also navigates the resilience of sovereign credit in light of recent economic shocks and fiscal challenges, offering strategic insights for cautious investment.

Meera Chandan, Co-Head of FX Strategy at J.P. Morgan, dives into the transactional side of the dollar, while Saad Siddiqui analyzes dollarization trends in emerging markets. Jay Barry discusses the decreasing foreign ownership of U.S. Treasuries, revealing shifts in global investment patterns. Meanwhile, Greg Shearer highlights the structural changes in commodity transactions as de-dollarization unfolds, particularly in energy markets. These insights paint a compelling picture of the evolving role of the dollar in today's global economy.