Saxo Market Call

EU’s nat-gas woes topple sentiment once again.

September 5, 2022

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Today we look at the whiplash reversal in sentiment on Friday after the market was rallying in the wake of the US jobs report, only to see sentiment sent into a tailspin on news that Russia will not resume gas flows through the Nord Stream I pipeline. We also look at sentiment position in US futures markets on commodities and FX and discuss the week ahead in macro events, with the RBA decision and guidance up tonight after a soft inflation data point out of Australia overnight. 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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