2016 Preview Video Series

2016 Preview Video Series

A video series featuring BNY Mellon Chief Currency Strategist Simon Derrick

December 2015
Simon Derrick   |   Head of the Markets Strategy Team

Does it matter that the CNY is to be included in the IMF’s SDR?

The fact that the Renminbi is being included within the SDR is likely to also encourage foreign exchange reserve managers to include the Renminbi in their reserve baskets as well. Question is how much of a weighting the Renminbi is likely to have [02:24]. WATCH VIDEO | READ TRANSCRIPT (PDF - 172KB)

What worries you the most about the current market environment?

Looking over the past year, it would seem that the market has actually reacted very little with regards to non-monetary policy risks. It seems that this is a market that is focused on monetary policy to the exclusion of almost anything else [02:42]. WATCH VIDEO | READ TRANSCRIPT (PDF -176KB)

The “Brexit” Debate in the UK seems to have disappeared off the radar for investors. Will it return as a theme next year?

One of the things we’ve seen in UK politics and how it impacts the currency markets over the last few years is that it tends to be a relatively short lived phenomenon in how it actually impacts sentiment. Will this continue in 2016 [02:29]? WATCH VIDEO | READ TRANSCRIPT (PDF - 172KB)

Oil price weakness has been a defining feature of the past eighteen months. What is driving this and will it continue next year?

We believe a key issue going into 2016 in terms of oil prices is whether we see another rise in demand for the Dollar [02:23]. WATCH VIDEO | READ TRANSCRIPT (PDF - 201KB)

Will weak oil prices complicate the picture for central banks next year?

If weak oil prices continue into 2016, will this complicate the picture for central banks? And if so, how [02:12]? WATCH VIDEO | READ TRANSCRIPT (PDF - 172KB)

Why do you think 2015 felt so much like 1998 and why does that matter when we think about how events could play out in 2016?

Learn more about the many similarities between the two years as well as some differences, as it relates to the Dollar, the Fed, and investor sentiment [02:24]. WATCH VIDEO | READ TRANSCRIPT (PDF - 176KB)

2016 Preview

Watch the full video interview with Chief Currency Strategist Simon Derrick [12:07]. WATCH VIDEO | READ TRANSCRIPT (PDF - 225KB)

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