Saxo Market Call

Can markets regain their calm?

March 22, 2021

Today's slide deck: https://bit.ly/3vPuOru   -

Today we look at the quiet start to the week for equities after the US managed to avoid any further panic despite the Fed announcing the SLR rule suspension for banks will expire at the end of this month. We also break down the assumptions in Ark investment's $3,000 Tesla call. Elsewhere, commodities are under considerable pressure as the US dollar remains firm even with US treasury yields consolidating lower. That US yield focus is likely to continue this week, with important Treasury auctions on tap. On today's call were Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

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