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For the aspirational trader and financial markets professional. Coming at you two to three times a week, the Saxo Market Call is the high frequency podcast for real-time analysis of the financial markets across asset classes, from forex and rates to equities and commodities.
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Monday Mar 07, 2022
Commodity price spike risks financial crisis and recession
Monday Mar 07, 2022
Monday Mar 07, 2022
Today's slide deck: https://bit.ly/35BYFvd -
Today we look at the impact of a further spike in energy prices as European natural gas trades at impossible levels and global crude oil prices jump on talks of a ban of Russian crude oil imports. In particular, we flag the risk of not only a real growth recession if energy prices stay here or head higher, but also a financial crisis. Food price rises are even more alarming on humanitarian concerns. How the situation is filtering into FX markets and the particularly slow-to-react US equity market also in focus. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Intro and outro music by AShamaluevMusic