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Bloomberg Surveillance

Surveillance: FX Market Has Become Very Political, Bloom Says

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 1 April 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

Lord Andrew Adonis, Former U.K. Secretary of State For Transport, speaks in favor of a second referendum. David Bloom, HSBC Global Head of FX Strategy, says the FX market has become very political. Bob Michele, JPMorgan Asset Management Global CIO & Head Of Global Fixed Income, thinks the Fed is holding rates for the next two years. Sarah House, Wells Fargo Senior Economist, foresees U.S. growth bouncing back in the coming months. And Matt Hornbach, Morgan Stanley Global Head of Interest Rate Strategy, says he's currently neutral on the bond market. 

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Transcript

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0:00.0

The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day.

0:05.7

However, we can create spaces where people can freely kick the tires of their preconceived notions.

0:11.2

I'm Tim O'Brien, and I'm the senior executive editor at

0:13.8

Bloomberg Opinion. On our platform we ask tough questions and solve complex

0:18.1

problems with the facts in mind. Because context changes how you see things and

0:22.4

how you change things.

0:23.6

Context changes everything.

0:25.6

Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best in economics, finance, investment,

0:48.0

and international relations.

0:49.9

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course,

0:56.2

on the Bloomberg.

1:00.3

We're glad to be joined today by Andrew Adonis. He is a former UK Secretary of State for

1:05.1

Transport, he's a Labour member and a key proponent of a second referendum. Lord Adonis,

1:09.6

thank you for joining surveillance live on the green today.

1:13.2

Look it seems that we're almost in the midst of a

1:15.6

constitutional crisis. What happens if MPs vote for a customs union does

1:19.7

Theresa may have to choose between her party and the will of parlut.

1:23.0

Well, it is pandemonium here in Westminster at the moment.

1:26.0

It may look calm behind us, but in fact, actually, behind that, uh, those, inside those buildings,

1:31.0

is more politicking and more bitterness actually and

1:35.9

political conflict than I've seen in my political lifetime and the reason for

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