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For the aspirational trader and financial markets professional. Coming at you two to three times a week, the Saxo Market Call is the high frequency podcast for real-time analysis of the financial markets across asset classes, from forex and rates to equities and commodities.
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Wednesday Feb 01, 2023
Powell may protest to market expectations, but data in driver’s seat.
Wednesday Feb 01, 2023
Wednesday Feb 01, 2023
Link to slide deck: https://bit.ly/3XUY11O -
Today we look at the market gunning back higher after a soft employment cost index report for Q4 and, wouldn't you know it, a WSJ Timiraos article touting the possibility of a Fed pause after another March hike. What can Powell and company do today in the press conference to get financial conditions to tighten? And then we have the ongoing blitz of earnings reports, with Meta a concern today after a very weak Snap yesterday. Crude oil, metals, FX and more also on today's pod, which features Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.
Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here.
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Intro and outro music by AShamaluevMusic