Saxo Market Call

Markets churn post-Powell, Japan’s Abe to resign

August 28, 2020

Today we look at Fed Chair Powell's speech outlining the Fed's new policy stance and the ensuing market churning and lack of strong conclusions we can draw from the new "flexible average inflation targeting" regime. Elsewhere, JPY on the move early this morning as Japan Prime Minister Abe is set to resign. More equity and commodity topics on the call. Today with Ole Hansen on commodities and John J. Hardy hosting and on FX.

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