Saxo Market Call

Yields jump back higher, curbing market enthusiasm

June 2, 2022

Slide deck:   -

Today we look at a surprisingly strong US ISM Manufacturing report for May helping to further boost the comeback in US treasury yields and capping a choppy equity market session in the US, with rather more important US data coming up tomorrow in the form of May payrolls and earnings and the ISM Services. Elsewhere, we look at the strong easing in financial conditions of the last couple of weeks, the important OPEC meeting today, key tech stocks that are getting their financial priorities in order, and much more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic

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