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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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Wednesday Mar 29, 2023
Equities extend momentum led by energy
Wednesday Mar 29, 2023
Wednesday Mar 29, 2023
Link to slide deck: https://bit.ly/3zdrdX2 -
Risk sentiment is on the rise with the second straight session yesterday in equities with procyclical industry groups such as energy, transportation, banks, and mining rallying. Today's sentiment is extended with news that Alibaba is splitting into six separate business rallying 13% on the news. We also got a strong outlook from Lululemon yesterday and better than expected US March consumer confidence highlighting a strong US economy despite the obvious cracks at banks and real estate. In today's podcast we also cover the positive momentum in oil markets and gold that continues to benefit from the recent nervousness over banks. Today's podcast features Peter Garnry on equities and Ole S. Hansen on commodities..
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Intro and outro music by AShamaluevMusic