Saxo Market Call

US megacaps come roaring back, action elsewhere mixed

August 21, 2020

Today's slide deck: bit.ly/3l6AUyk -
Today we look at the strong comeback in the US megacap companies yesterday after the brief sell-off inspired by the FOMC minutes on Wednesday. Market breadth is looking less healthy, and while the USD sold off again, the move was not yet convincing for the bears as we await the weekly close as a key status check. The macro outlook, Ant Group, and other specific equity stories on the call. Today with Peter Garnry on equities and John J. Hardy on FX.

Podbean App

Play this podcast on Podbean App