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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 Jul 27, 2021
Unease as Chinese market rout deepens
Tuesday Jul 27, 2021
Tuesday Jul 27, 2021
Today's slide deck: https://bit.ly/3zFEs0R -
The ugly sell-off in Chinese stocks deepened again in late Asian trading after trying to hold a line of support earlier in the session, as the Chinese crackdown on key online companies and industries has lead to an exodus of investors, among those Cathie Wood of the popular Ark Innovation ETF, who announced that she has virtually eliminated Chinese stocks from the funds holdings. The disconnect with US equities, which closed again yesterday near the all-time highs is stark and perhaps unsustainable as the very largest of US companies are set to report in coming days. Key FX stories and pivotal questions as we exit this month also on today's pod, hosted by John J. Hardy.
Intro and outro music by AShamaluevMusic