Saxo Market Call

Market rips into reverse. Evening star on Nasdaq 100.

June 29, 2022

Slide deck:  https://bit.ly/3nrQTsY   -

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Today we look at the US equity market ripping into reverse, in part on a massive slide in the expectations component of the US June Consumer Confidence survey, which has the market marking down Fed expectations slightly and finding safe havens in the US dollar and even treasuries, to a degree. We also look at crude oil not yet really fretting the demand destruction outlook, grains, stocks to watch for the rest of the week, FX themes and more. 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

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