MUFG

Todos os anos, em outubro, o Banco MUFG Brasil se alia à Campanha Mundial do Outubro Rosa na conscientização sobre a importância da prevenção e do diagnóstico precoce do câncer de mama e do colo do útero, promovendo encontros internos das nossas funcionárias com a presença de profissionais de saúde. Neste ano, durante esta ação, além de reforçar a importância da prevenção por meio de hábitos saudáveis e exames de rotina, as participantes puderam esclarecer dúvidas sobre mitos e verdades acerca do tema e refletir sobre suas rotinas de autocuidado. #MUFGBrasil #OutubroRosa #Bem-estar   Every year, in October, Banco MUFG Brazil joins the Pink October World Campaign to raise awareness about the importance of prevention and early diagnosis of breast and cervical cancer, promoting internal conversation for our female employees with the presence of health professionals. This year, during this action, in addition to reinforcing the importance of prevention through healthy habits and routine exams, the participants could clarify questions about myths and truths on the subject and reflect on their self-care routines. #MUFGBrazil #PinkOctober #Wellbeing

On the back of a recently published FOMC preview report, this week George G., MUFG Head of U.S. Macro Strategy, walks us through what to expect at the September FOMC meeting and the rationale for why our house view is calling for the first cut to be 50bps. George also explores how this easing cycle may progress. In George’s view, this is an historical event because this easing cycle is being launched as a preemptive move to avoid further cooling in the labor market and economy. In the last few easing cycles, the Fed has lowered rates in reaction to a specific event or catalyst (i.e. http://ms.spr.ly/6047mVoic bust, GFC and the pandemic) that shocks and quickly weakens the economy (forcing the Fed into action). This time the Fed has seen the macro environment turn and is being cautious because recent data is likely overstating how healthy the economy truly is. Therefore the Fed is trying to modulate rates with the goal of avoiding a hard landing due to macro reasons (driven by the impact of higher rates on consumer spending, small business activity and government finances). In our view, and as covered in the podcast and our FOMC preview report, there are plenty of reasons to start off with a 50bp cut. Listen here: http://ms.spr.ly/6048mVoiY #Podcast #FOMC #MacroStrategy #LaborMarket #Economy #Economics

On August 27, team members from MUFG Canada gathered to cook dinner for current residents of #IntervalHouse, the first centre for abused women and children in Canada. We are proud to support Interval House and their mission to help abused women and their children transform their lives and break the cycle of violence. #MUFGGivesBack

The question of when markets will start “pricing in” climate volatility and the energy transition is a recurring theme amongst monetary policymakers and the sustainability community. In this week’s MUFG Global Markets podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), delves into a recent European Central Bank (ECB) report which suggests companies that are emitting the most carbon are paying rates 14 basis points higher, on average, than those charged to the ones emitting the least. Notwithstanding the challenges in zeroing in on climate risks on a standalone basis, these conclusions have profound implications for lenders and asset managers in systematically pricing in energy transition-linked risks on the path towards net zero. Listen in full here: https://bit.ly/3AxRL9f

We are delighted to share that the MUFG Tokyo headquarters' comprehensive Three-month Intensive Program "TIP" has successfully concluded. Designed to enhance skills and broaden perspectives, this program welcomed by 27 participants from our overseas offices. Going beyond traditional training, TIP has been a journey to nurture future leaders, offering a mix of operational training and immersive experiences. Participants had the opportunity to explore various departments, gaining valuable insights into our company's operations, culture, and history through engaging events. We recognize the importance of a solid foundation for your career, and this program represents our commitment to equipping you with the necessary tools and knowledge for success. It was an opportunity for participants to challenge themselves, expand their capabilities, and envision their future with us. As this program wraps up, we look forward to seeing how the participants will apply what they've learned and contribute to shaping the future of our business. For those who are ready to take the next step in their careers, we encourage you to keep an eye out for our future global training programs. Together, let's continue to shape the future of our business.

The limited return on investments (RoI), rather than the access to capital is increasingly being cited as a leading barrier to scaling the energy transition. To put this into perspective, Ehsan Khoman, Head of Research: Commodities, ESG and Emerging Markets (EMEA), delves into MUFG’s latest ESG thought leadership report, titled, 'Energy transition’s “shortage of returns” - profitability (not capital) remains a critical barrier to decarbonisation' in this week’s MUFG Global Markets podcast. Listen in in full here: https://bit.ly/4ca7Qiw

In this week's MUFG Global Markets FX Week Ahead Podcast, Derek Halpenny, Head of Research, Global Markets EMEA talks to Seiko Kataoka-Fisher, Head of Japanese Client FX Sales, about why the US dollar could weaken further through this busy schedule of events and beyond. Listen in full here: https://bit.ly/3LIrcAM

This week George G., MUFG Head of U.S. Macro Strategy, reviews a recent special topic from the latest Macro2Markets Monthly report, where the team has found that the last few years of higher nominal activity (boosted by higher prices given elevated inflation levels) has made the economy, company earnings, and market performance look better than what they truly are. George concludes by discussing the upcoming CPI report which should continue to point toward a lower reading as the disinflationary trends in the economy seem to be on track. The key area that the Macro Strategy team is focusing on is the evolution of shelter costs and is there finally a catch-up to more real-time measures of rental prices. #MacroStrategy #Fed #CPI http://ms.spr.ly/6042lJxVq

Are conditions falling into place for a weaker USD? In this week's MUFG Global Markets FX Week Ahead podcast, Lee Hardman, Senior Currency Analyst, and Simon Mayes, Head of UK, Ireland and Switzerland, Corporate Sales, discuss the FX market implications from the UK and French elections. Will the USD continue to weaken in the week ahead following the release of the latest NFP report? Listen full here: https://bit.ly/3xKeDl3

As we come to the mid-point of the year Derek Halpenny, Head of Research Global Markets EMEA & International Securities, talks to Seiko Kataoka-Fisher, Head of JC FX Sales, about MUFG’s forecasts and where the biggest divergences have been relative to expectations at the start of the year. Derek also talks through the scenarios for the French parliamentary elections ahead of the first round election on 30th June and what the implications could be for the euro. The political uncertainty could be intensifying during a key week of US economic data. Listen in full here: https://bit.ly/3zqJe7A