Nathan Sheets 3.4 2 ideas
Chief Economist, PGIM Fixed Income
After 1 day
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2/15 min ideas
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After 1 month
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By sector
currency
1 ideas
-11.9%
ETF
1 ideas
-2.2%
Top tickers (by frequency)
JPY
1 ideas
0% W
-11.9%
FXY
1 ideas
0% W
-2.2%
Best and worst calls
Best calls
FXY LONG
-2.2%
Tokyo CPI accelerated to 1.6% (above expectations) and Retail Sales surged 4.1%. The "virtuous cycle" of inflation and w...
Feb 27
JPY LONG
-11.9%
Tokyo CPI accelerated to 1.6% (above expectations) and Retail Sales surged 4.1%. The "virtuous cycle" of inflation and w...
Feb 27
Worst calls
JPY LONG
-11.9%
Tokyo CPI accelerated to 1.6% (above expectations) and Retail Sales surged 4.1%. The "virtuous cycle" of inflation and w...
Feb 27
FXY LONG
-2.2%
Tokyo CPI accelerated to 1.6% (above expectations) and Retail Sales surged 4.1%. The "virtuous cycle" of inflation and w...
Feb 27
Tokyo CPI accelerated to 1.6% (above expectations) and Retail Sales surged 4.1%. The "virtuous cycle" of inflation and wage growth allows the BOJ to proceed with normalization (rate hikes). Higher Japanese rates relative to the US (where yields are falling) compress the yield differential, strengthening the Yen. LONG JPY (Short USDJPY). The BOJ remains overly cautious and delays hikes despite the data, causing the Yen to weaken again.
Chief Economist, PGIM Fixed Income