Last quote by Shin Kadota
A key factor behind the latest currency developments was the big drop in U.S. equities. The question now is whether equities will keep falling. Unlike the dollar and treasuries, the 'Trump trade' still had an impact on equities. But if such impact on equities is to fade, it would weigh on dollar/yen. The dollar will also suffer against other currencies as U.S. yields would decline.
Mar 22 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Shin Kadota is associated, including U.S. and Fed. Most recently, Shin Kadota has been quoted saying: “A key factor behind the latest currency developments was the big drop in U.S. equities. The question now is whether equities will keep falling. Unlike the dollar and treasuries, the 'Trump trade' still had an impact on equities. But if such impact on equities is to fade, it would weigh on dollar/yen. The dollar will also suffer against other currencies as U.S. yields would decline.” in the article Dollar at 4-month low vs yen as sliding stocks push down yields.
Shin Kadota quotes
Quotes by Shin Kadota
Feb 15 2017
Retail sales seemed to have been boosted by higher prices rather than an increase in the real consumption. Investors also took profit as the dollar was trading high this week.
Feb 01 2017
It is becoming clear that the Trump administration is one that will pursue a weaker dollar and criticize the currency policies of others. Under such conditions, U.S. yields and the dollar are losing their correlation. Any rise in yields resulting from monetary policy expectations will no longer be able to support the dollar as much.
Jan 06 2017
The global economy looks to be in better shape compared to a year ago so the risk-off trend could be limited. But China-related headlines appear to have given participants a chance to adjust positions which had excessively favoured the dollar.
Dec 09 2016
The drop in short-end German bund yields following the ECB announcement dragged down the euro by widening the spread with U.S. yields. It was not just the perceived lack of a strong tapering message, but such technical factors also weighed on the euro.
Nov 25 2016
We kept expecting the dollar to adjust lower during its bull phase but that has not happened yet, since there has been no real opportunity for selling to take hold. How far the dollar can run will be mostly up to how much more U.S. yields can rise.
Nov 02 2016
The Fed has been hinting of a December rate hike for a while, and the market is focused on events related to the U.S. elections.
Oct 17 2016
The schedule this week isn't packed with strong U.S. data releases, and the market focus is likely to centre around three events. These would be Wednesday's China GDP data, the ECB policy meeting after recent talk of tapering and the last U.S. presidential debate, which would give the market a chance to confirm if Clinton has the lead over Trump.
Oct 03 2016
There might be follow-through buying for the dollar, but it could be difficult for the currency to break out of recent range as the ISM data alone won't boost the case for the Fed to continuously hike rates.
May 25 2016
The dollar may need further incentives to challenge recent highs and climb yet higher. These fresh incentives could come in the form of more data due later this week, and Japan's stance on fiscal stimulus, which would in turn boost the Nikkei and improve risk appetite.
Mar 14 2016
The potential limits of monetary policy will be the market's theme after the ECB, which adopted negative rates before the BOJ, seemingly reverted its focus back to quantitative easing last week.