About this episode

The episode discusses the impact of the Middle East conflict on currency markets and the outlook for major currencies.

How is the conflict in the Middle East affecting currency markets? Listen in to hear Bhaskar Gupta, our Head of FX Distribution UK, discuss the latest developments in FX markets and the outlook for the major currencies and central bank policy. Julien Lafargue, Chief Market Strategist, also gives an update on events in the Middle East, and highlights why market attention could soon shift from inflation worries to recession risk, if oil shortages materialise.

People in this episode

Guests: Bhaskar Gupta, Julien Lafargue

Topics covered

• currency markets
• Middle East conflict
• FX markets
• central bank policy
• recession risk
• oil shortages

Keywords

• currency markets
• FX distribution
• Middle East
• central bank policy
• recession risk
• oil shortages

Mentioned in this episode

Organizations: Barclays Private Bank

Places: Middle East

More episodes of Barclays Private Bank Podcasts

• Markets Weekly podcast (27 April 2026): Liberation Day – one year on · April 27, 2026
• Markets Weekly podcast (20 April 2026): Is a peace deal in reach? · April 20, 2026
• Markets Weekly podcast (13 April 2026): Lessons in investor behaviour · April 13, 2026
• Markets Weekly podcast (7 April 2026): Middle East ultimatum · April 7, 2026
• Markets Weekly podcast (23 March 2026): Real estate special · March 23, 2026
• Markets Weekly podcast (16 March 2026): Market update on the Middle East · March 16, 2026

Explore listener stats, chart rankings, contacts and more on the Barclays Private Bank Podcasts podcast page.