Saxo Market Call

Today's slide deck: https://bit.ly/3bCLPgN    - 

Today, we look at Biden's possible large stimulus plans, where the Fed can make a policy mistake once we get post-Covid vaccine and how the market is already second guessing the Fed's forecasts on the timing of the first hike, whether the market is under-estimating the potential for a stock like Delta Airlines in 2022 and beyond, oil and commodity markets, especially the interesting dips in Chinese commodity purchase in December, and much more. Today on the call are Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/39kXQVe   - 

Today, we look into the USD reversing back lower as US yields topped out and rolled over slightly, in part on Fed pushback against tapering guidance. Also a look into fixed income developments in EM, the explosion in grain prices, what is keeping oil so elevated, Zoom's interesting gambit to maintain momentum, the Plug Power hookup with Renault and more. Today's call with Althea Spinozzi on fixed income, Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/2Xw2LNV   -

Today, we look at divergent markets as Japanese equities managed to scrape to a new cycle high, while US stocks corrected sharply back lower after the prior day's surge, dragged in particular by social media companies on the de-platforming of Trump and other related issues linked to him politically. Also a look today at Tesla versus NIO, the commodities complex, the status  of the US dollar consolidation and more. Today's call with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/39nc2gr    -

Today, we look at the vicious volatility in crypto currencies over the weekend and at the start of a new week, a week that has likewise started on a sour note for global equities, possibly due to fresh Covid-19 dread. A discussion today on what equity markets are best positioned for commodity reflation, whether the commodity trade is a bit overbaked in the short run, and a discussion of the US yield breakout as the prime mover across markets. Today's call with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3s8elwv    - 

With US President Donald Trump conceding that Biden is set to take charge, and with anticipation of new large US stimulus checks in the works in the early days of his administration, markets are in a fine mood on the implications for this stimulus feeding liquidity and the global economy. Today we still urge some level of caution, especially as long bond yields continue to rise, a development that is supporting the US dollar and whacked gold back below 1,900 this morning. On today's call are Ole Hansen on commodities, Peter Garnry on equities and John J. Hardy hosting and on FX. 

Today's slide deck: https://bit.ly/3oqAsMo   -

Markets largely looked away from the Trump mob storming Capitol Hill and instead chose to toast the implications of the two Georgia Senate run-off races falling in the Democrats' favour on Dem promising new $2,000 stimulus checks when the new Congress meets. We also look at the most important development across markets: the sharp break higher in long US yields, and look at the  implications. Elsewhere, we note Chinese market underperformance overnight on the risk of US moves against major Chinese companies. Today on the call are Ole Hansen on commodities, Peter Garnry on equities and John J. Hardy hosting and on FX

Today's slide deck: https://bit.ly/35fXe21   -

Today we look at the market reaction to both Georgia Senate seats apparently set to fall into Democratic hands in the run-off elections there, thus putting the US Senate and therefore US Congress on side with the incoming Biden administration, if by the slimmest of margins. We run through what this means for US high-flying speculative stocks and megacaps, especially with an eye on the break higher in US long yields, the US dollar and commodities, as the reflationary trade just got a big boost with this development. Today on the call are Althea Spinozzi on fixed income, Ole Hansen on commodities, Peter Garnry on equities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3nh2dpx  - 

Today we look at the divergent developments at the start of 2021, with Chinese equities on fire while US equities stumbled badly in the first session of the year, an ugly development after the late run-up and possibly linked to today's Georgia Senate run-off races and whether the Democrats may get control of Congress, if only barely. Elsewhere, oil suffered a pump and dump ahead of important OPEC decision time on production targets. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.