What’s driving the systematic shift in commodities trading?

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1. 

   E401 · 4 Aug 2026 · 20 min

   Geopolitics vs. markets: How might the US, China and Iran reshape global risk?

   Markets have remained notably risk-on in 2026, even as geopolitical fragmentation, energy chokepoints and intensifying U.S.-China competition continue to raise the stakes for investors and businesses. In this episode of J.P. Morgan’s Making Sense, Joyce Chang, chair of Global Research at J.P. Morgan, is joined by Paul Haenle, head of APAC Policy and Strategic Competitiveness at J.P. Morgan, and Karim Sadjadpour, senior fellow at the Carnegie Endowment for International Peace, to unpack how the Middle East conflict could continue to unfold — and what elevated geopolitical risk means for…

2. 

   E400 · 30 Jul 2026 · 22 min

   Deals and discipline: What’s driving markets at mid-year?

   Markets have powered through a volatile first half of 2026, despite geopolitical shocks, commodity swings, a more complex rates backdrop and increased scrutiny on the returns to AI and other growth investments. In this episode of J.P. Morgan’s Making Sense, Evan Junek, global head of Corporate Finance Advisory, and Charlie Bouckaert, global head of Advisory and M&A, discuss the factors underpinning this resilience. They explore why M&A volumes have hit record highs, why corporates are leaning in with speed and scale, as well as how boards are thinking about strategic readiness in a…

3. 

   E399 · 28 Jul 2026 · 21 min

   Momentum vs. fundamentals in the AI trade: Insights from BlackRock

   What's the right price for AI stocks? In this episode of Making Sense, Eloise Goulder, head of the Data Assets and Alpha Group at J.P. Morgan, speaks with Helen Jewell, International CIO of Fundamental Equities at BlackRock, about differentiating within the AI trade, and identifying companies with durable earnings power and high return on capital growth, versus simply those trading with momentum. They discuss where the market is (and isn't) discriminating across semis, memory and software and what to watch as the AI capex cycle evolves. This episode was recorded on April 6, 2026. The…

4. 

   E398 · 24 Jul 2026 · 14 min

   Sifting through shifts in Asia Pacific gold trading

   Gold trading in APAC is evolving quickly, with record volumes, shifting participation and infrastructure upgrades reshaping liquidity and execution. In this episode of J.P. Morgan’s Making Sense, Khushil Nathoo from the FICC Market Structure & Liquidity Strategy team and Ravi Ramakrishnan, senior precious metals trader for Asia, discuss what’s driving heightened activity in gold, how clients are accessing liquidity and where trading could gravitate as new hubs and clearing initiatives take shape. Nathoo and Ramakrishnan also explore the impact of electronic execution, the interplay between…

5. 

   E397 · 14 Jul 2026 · 16 min

   The rise, reach and rallying power of the retail investor in Asia

   Retail participation in Asia is not just significant — in many markets, it’s dominant. In this episode of Making Sense, Eloise Goulder, head of the Data Assets and Alpha Group at J.P. Morgan, sits down with Clare Witts, head of APAC Equity Market Structure, to chart the rise of retail investing and its effect on liquidity and market performance. Witts offers her perspective on concentration in single stocks, retail appetite for ETFs and derivatives, and how Asian exchanges are responding to this powerful phenomenon. This episode was recorded on June 26, 2026. The podcast's views do not…

6. 

   E395 · 7 Jul 2026 · 19 min

   The future of commerce: Why checkout matters most

   The checkout has become one of the most important moments in the customer journey — where growth, customer experience and digital transformation converge. In this episode, Patricia Brolly, head of EMEA Merchant Acquiring Product, and Ciaran Walsh, head of Europe Corporate Sales at J.P. Morgan Payments, explore why the checkout has evolved from an operational necessity into a strategic growth engine. They discuss how businesses can reduce friction, localize payment experiences, leverage data and AI, as well as balance innovation with security to drive conversion and scale across EMEA’s…

7. 

   E394 · 29 Jun 2026 · 50 min

   2026 mid-year outlook: Resilient growth, sticky inflation, shifting Policy

   So far, 2026 has been a year defined by big market moves, shifting expectations for inflation and policy, and persistent geopolitical headwinds. This episode of J.P. Morgan’s Making Sense offers a global check-in: what’s held up so far, what have been the biggest surprises and what matters most for the second half of the year. Join Samantha Azzarello, head of Content Strategy, and other analysts from across J.P. Morgan Global Research as they explore what could drive markets — from equities and rates to FX and commodities — in the months ahead. In this episode, we hear from: Bruce Kasman,…

8. 

   E393 · 26 Jun 2026 · 20 min

   Dealmaking in healthcare: A mid-year pulse check

   Despite ongoing macro uncertainty, healthcare dealmaking shows no signs of slowing. In this mid-year outlook episode, host Haley Trethaway sits down with Jerry Lee and Nick Richitt, global co-heads of Healthcare Investment Banking at J.P. Morgan, to take stock of the industry’s health. Together, they unpack five themes redefining the healthcare landscape, from biotech’s supercycle to supply chain resiliency and the surge in cross-border M&A. What should investors watch in the second half of the year? Read the full article here:…

9. 

   E392 · 25 Jun 2026 · 1 min

   Coming soon: 2026 Global Research mid-year outlook (Full episode out Monday)

   2026 has been defined by big market moves, shifting expectations for inflation and policy, and persistent geopolitical headwinds. Next week, analysts from across J.P. Morgan Global Research will deliver a global check-in on what’s held up, what have been the biggest surprises and what matters most for the second half — across equities, rates, FX, commodities and more. Tune in on Monday, June 29, for the full episode.

10. 

    E391 · 24 Jun 2026 · 8 min

    Security and Resiliency in Action: Powering the AI revolution

    AI is transforming global economies and revolutionizing industries. In this episode of Security and Resiliency in Action, Kristina Nilsson, global co-head of AI Investment Banking, and Justin Krauss, Security and Resiliency Initiative lead for Defense Tech and Innovation Economy, discuss why prioritizing strategic technology is critical. This material was prepared by certain personnel at the Investment Banking Group of JPMorgan Chase & Co. and its affiliates and subsidiaries worldwide, and not the firm's research department. It is for informational purposes only. It is not intended as an…