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From macroeconomy and politics to stocks and bonds, commodities and forex, the Saxo Market Call is a weekly show for all investors who want to be updated on what moves financial markets in an inspiring and engaging way.
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Thursday Jul 08, 2021
Thursday Jul 08, 2021
Today's slide deck: https://bit.ly/2VaFsuU -
US equities post another new record yesterday with the second straight session of most of theme baskets declining suggesting that gains were driven by the "boring" stocks. FOMC Minutes suggested yesterday that the Fed is considering earlier tapering of bond purchases and China's State Council is considering lowering rates to stimulate the real economy supporting the growing view that China is experiencing a slowdown. The growth concerns are fueling lower interest rates, boosting technology stocks, causing equities to roll over from yesterday's highs. Oil prices are also weak on China's growth concerns and the Delta variant causing renewed disruptions to fuel demand. On today's podcast are Ole Hansen on commodities and Peter Garnry hosting and on equities.
Intro and outro music by AShamaluevMusic