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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 Jul 21, 2021
US equities rebound, but backdrop not fully on board with sentiment shift
Wednesday Jul 21, 2021
Wednesday Jul 21, 2021
Today's slide deck: https://bit.ly/2Up50oj -
Yesterday saw a very steep rebound in US equities, an impressive move that was mirrored in safe haven US treasuries reversing sharply from significant new highs yesterday. But there was a notable lack of similar energy in some other markets, as the Japanese equity market closed far off its highs despite a USDJPY rebound, and the particularly in FX, where the USD has remained strong more broadly and the AUD, for example, punched to new lows for the cycle versus the greenback. Also on the call, we preview tomorrow's ECB meeting with Macro Strategist Christopher Dembik, as well as the status of the German and French elections. Today's pod hosted by John J. Hardy.
Intro and outro music by AShamaluevMusic.