Implications of US jobs data and possible Japan election
Following the release of the first US nonfarm payrolls report of 2026, Derek Halpenny, Head of Research Global Markets EMEA & International Securities sits down with Sara Maki, an MUFG Graduate Analyst to discuss the implication of the jobs report for the dollar and Fed policy. Derek and Sara also discuss factors behind strong growth but weak jobs growth and the breaking news that Japan PM Takaichi is considering calling a general election in February. What will be the implications for the yen?