Global FX and Commodities: Everything Everywhere All at once

Is China’s policy blitz a game-changer for commodities and FX? We discuss the read-through. Maintain bearish oil and bullish copper forecasts. On paper, this should be the valley of the dollar smile but upcoming US election makes this an uncomfortable proposition. SNB didn’t push back on CHF strength, which is a green light for more appreciation.   Speakers:Meera Chandan, Global FX Strategy Arindam Sandilya, Global FX Strategy Tracey Allen, Global Commodities Research Greg Shearer, Global Commodities Research  James Nelligan, Global FX Strategy   This podcast was recorded on September 27, 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4803864-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved.