Monetary Policy Shifts: Gaining Market Visibility and Managing Risks
Why attend?
Learn how FINCAD Analytics Suite from Numerix can help users gain accurate market insights and identify new opportunities in today's dynamic market environment.
The Bank of Japan’s unexpected rate hike on July 31, 2024, marked a pivotal moment in recent monetary policy history. This unexpected hike had a profound impact on the USD-JPY carry trade, a long-standing arbitrage strategy where funds are borrowed in JPY and invested in USD. The surprise shift in monetary policy, coupled with the decision to reduce bond buying, led to a rapid appreciation of the yen and a sharp decline in global stock markets.
As the recent inflationary phase seems to be behind us, major central banks, except for the Bank of Japan, appear to be on the cusp of shifting their monetary policy stance. What will the impact of these monetary policy shifts have on financial markets?
An important piece of the puzzle is having the means to track your derivatives portfolio in real-time. This capability is essential not only for validating investment ideas but also for effectively managing positions and monitoring valuation and risk exposures through scenario analysis. Real-time data is particularly valuable on event days.
In this on-demand webinar, Peter O’Connor from Numerix will perform a demo of FINCAD Analytics Suite from Numerix to showcase how this powerful, yet user-friendly derivatives analytics library can help users gain accurate market insights and identify new opportunities in today's dynamic market environment.
Peter will:
- Examine the Bank of Japan rate hike and review the latest market data to explain how this policy shift is reshaping investment strategies and market dynamics.
- Highlight the importance of model validation checks, easy access to inspect projected curves, and the role of scenario stress testing on an ongoing basis.
- Construct market curves, project stepped interest rate curves and demonstrate scenario analysis applied to swap pricing.
- Demonstrate a comprehensive approach to fixed income evaluation using various market curves.
- Show how to construct and validate seasonally adjusted inflation curves.
Featured Speakers
Peter O’Connor
With over 15 years’ experience in the financial services industry, Peter serves as the Product Manager for FINCAD Analytics Suite at Numerix. In this role, he is charged with ensuring that the FINCAD Analytics Suite library is kept current with evolving market practices and client requirements, and ensuring quality enhancements with a focus on roadmap, development standards and managing client satisfaction.
Prior to joining Numerix, Peter held key derivatives pricing and risk analyst roles at leading financial institutions including HSBC and BNY Mellon among others. He attained a MSc in Financial Services from the University of Limerick and is also FRM certified in Risk Management.
