Saxo Market Call

Crude oil and US dollar setup ahead of the New Year

December 29, 2021

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

Today we look at the light positioning in crude oilmarkets ahead of the New Year, offering plenty of space for big moves next year, particularly if demand picks up. Also, a look at one measure of US dollar positioning that suggests bulls may have a hard time finding more fuel for an extension higher. We also cover the latest on the natural gas situation in Europe, positioning in other commodity markets, other FX perspectives and more. Today's pod features Ole Hansen on commodities and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic

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