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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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Tuesday Mar 07, 2023
Triangulating ahead of the event risk blitz. RBA policy mistake?
Tuesday Mar 07, 2023
Tuesday Mar 07, 2023
Link to slide deck: https://bit.ly/3L16cpC -
Today we look at the choppy equity market failing to extend the upside momentum for now as we triangulate mid-range ahead of a series of event risks, among these two days of Fed Chair Powell testimony starting today. Overnight, Australia's RBA announced a dovish hike, clearly looking for excuses to pause its tightening regime - is this a policy mistake in the making? We also look at evidence on what may have driven China's about-face on stimulating its economy, crude oil, natgas and wheat & other grain markets and much more. Today's pod features 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