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Research

Global Markets Research provides our customers with authoritative and insightful commentary and analysis, focusing mainly on the foreign exchange market.

To fulfill our clients' global needs, GMR divisions are located in Tokyo, Hong Kong, Singapore, London and New York.

Our research analysts collaborate closely across all regions and provide our customers with timely information and analysis.

Tokyo

Minori Uchida

Minori Uchida
Tokyo Head of Global Market Research

Main Research Coverage

Foreign Exchange ( Japanese yen)

Career History and Recent Activities

After joining the bank (Bank of Tokyo) in 1993, Minori Uchida was engaged in FX trading and sales in Tokyo and London before he started his FX research career in 2007. In 2013 he attained first place ranking in the Tokyo FX analyst poll in J-Money magazine (Ex-Euro Money Japan Edition).

Education and Certificates

The Japan Security Analyst Association, Chartered Member (CMA), Certified Member of The Nippon Technical Analysts Association (CMTA), Certified International Investment Analyst (CIIA), bachelor's degree (political science) from Keio University.

Takahiro Sekido

Takahiro Sekido
Japan Strategist

Main Research Coverage

Japan's economic outlook, rates (JGBs) & Japanese yen

Career History and Recent Activities

Chief economist Japan and Executive Director at CA-CIB and CLSA Asia Pacific, deputy director for macro financial market risk analysis, deputy director & resident economist for Asia in Singapore (2006-2009), global economist for Governor (2005) and chief of fiscal analysis (2004) at Bank of Japan for over a decade. He is a member of BoJ Club.

Education and Certificates

Adjunct professor at Saitama University in Japan (2012), Nan-yang Technology in Singapore (2009), Monash University in Malaysia (2008). Master's degree (Business, Fin Econ & Accountancy) from the Univ. of Illinois and bachelor's (Economics) from Keio University.

Toshiyuki Suzuki

Toshiyuki Suzuki
Senior Market Economist

Main Research Coverage

Global Macro, Fed Watching

Career History and Recent Activities

Toshiyuki Suzuki started his economist career at Sanwa Bank, which subsequently merged under BTMU. He was stationed in London between 1993 and 1999, and then New York from 2001 to 2008. An expert in monetary policies, Suzuki is a well-known U.S. Federal Reserve Board watcher in Japan.

Education and Certificates

The European Union Studies Association of Japan, The Japan Security Analyst Association Chartered Member, The International Economic Research Group of the Government, The Japan Association of Business Cycle studies (JABC), bachelor's degree (Economics) from Keio University.

Yasuaki Amatatsu
Analyst

Natsumi Sekiya
Analyst

Yuki Fukushima
Research Assistant

Singapore

Leong Sook Mei

Leong Sook Mei
ASEAN Head of Global Markets Research

Main Research Coverage

Foreign Exchange (ASEAN and India)

Career History and Recent Activities

Leong Sook Mei started her career in the Singapore civil service analyzing regional political and economic trends in reports meant for high-level decision-makers. Her private sector working experience ranges from industry/economic research, to corporate advisory, to currency analysis. She has also forged relations with regional central banks, giving her insights into some of their workings. Her quotes about currencies periodically appear in the media.

Education and Certificates

Sook Mei holds a Bachelor of Social Science degree from the National University of Singapore and a Master of Business Administration degree from London's Imperial College.

Teppei Ino
Analyst

Sophia Ng
Research Assistant

Hong Kong

Cliff Tan

Cliff Tan
East Asian Head of Global Markets Research

Main Research Coverage

Foreign Exchange and Macro (East Asia)

Career History and Recent Activities

24 years of experience, including head of research (FX, local markets, rates, and/or macro) at BTMU, Société Générale, Citi, and UBS. Other experience: Federal Reserve Board, Bankers Trust, Wellington Management Company, Stanford University.

Education and Certificates

M.Phil, M.A., Yale University; A.M., Harvard University; A.B., University of Southern California. US Series 7; Hong Kong SFC Licenses 1, 2, 4, 5. American Economic Association; Econometric Society; Fixed Income Analysts Society.

Stephen Chiu
Research Assistant

London

Derek Halpenny

Derek Halpenny
European Head of Global Markets Research

Main Research Coverage

Foreign Exchange (U.S. dollar, EMEA)

Career History and Recent Activities

Derek Halpenny joined Global Currency Research in London in May 1998 as a currency economist following four years of trading. In April 2008 he was promoted to European Head of Global Markets Research and has been responsible for developing the London Global Markets Research platform in support of BTMU's global business. Derek is a regular on CNBC & Bloomberg TV and is widely quoted in the financial press.

Education and Certificates

Derek Halpenny obtained a master's degree in Economics from University College Dublin in 1992 and is a native of Dublin, Ireland.

Sumino Kamei
Senior Analyst

Lee Hardman
Currency Analyst

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