Saxo Market Call

More resilient US data ahead of August jobs report

September 2, 2022

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Today we discuss the US market finding support at a very technical level yesterday ahead of today's US August jobs report. US Treasury yields continue to ratchet higher, particularly at the longer end of the yield curve, suggesting that resilient data is beginning to register on yields. We also discuss the US government blocking NVidia from exporting some chips, why gasoline prices are plunging while diesel prices remain resilient, the latest on Natural Gas, today's US August jobs report and where to look for surprises there. 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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