Saxo Market Call

Today's slide deck: https://bit.ly/2Q2g1Xf  
Today we discussed the robust overnight bounce in markets and what may have driven them - most notably the fact that the S&P 500 reached the very threshold of a 20% drop from the all time hop, but also as China signaled a turning point with Xi Jinping's visit to Wuhan. A great discussion across markets and look ahead from here with Ole Hansen on commodities, Peter Garnry on equities and John J. Hardy on FX.

Today's slide deck: https://bit.ly/3cNA5q7
Today we discuss the drama unfolding over the weekend in oil markets as Saudi Arabia has declared a price war and the ensuing general fallout as we ponder how policymakers try to get ahead of the raging wildfire as well as where we focus for further risks of deleveraging to come.

Today's slide deck: bit.ly/2VNbPy8
Today we discussed the risk that the coronavirus fallout expands exponentially from here, as we focus on OPEC+ and the risk for oil prices today, real-time monitors of activity, risks in the credit market, and the dangerous market conditions for both bulls and bears as the risk of panic deleveraging and thin liquidity competes with what will likely be an unprecedented policymaker response seeking to avoid a market collapse. Today with Peter Garnry on equities and John J. Hardy on FX.

Today's slide deck: bit.ly/39o7DJ2
Today we discuss the market gyrations in the wake of the Fed emergency cut, but also possibly due to Bernie Sanders' star fading in the US Democratic Primaries. Our prime concern at the moment is the incoming impact the coronavirus outbreak is likely to have on US activity numbers and credit markets. Today with Ole Hansen on commodities, Peter Garnry on equities and John J. Hardy on FX.

Today's slide deck: bit.ly/2Tj3i4m
Today's podcast features guest Saxo CIO Steen Jakobsen as we discuss yesterday's panic Fed rate cut of fifty basis points and the market's pump-and-dump reaction. As well, we look at what we are looking for next across markets and especially in credit for further signs of turmoil. A brief discussion on the Super Tuesday results for the Democrats as well. Also on the podcast, Peter Garnry on equities and John J. Hardy on Forex.

Today's slide deck: bit.ly/2PHZN5r
Today we talk about the big 4.6% bounce back in S&P 500 yesterday as traders are anticipating a coordinated action from G7 central banks and governments to arrest the pain from the coronavirus outbreak. A joint statement is expected at 1200 GMT so watch out for this key event. We also talk volatility in equities and the lack of optimism in South Korean equities. Lastly, we focus on EURUSD, oil and copper response to the latest bounce back. Peter Garnry on equities and Ole Hansen on commodities.

Today's slide deck: https://bit.ly/2VAY2up 
Today we talk Friday's bounce in risk sentiment after one of the worst weeks for the market in history. We also look at whether central banks moving to cut rates are really the right medicine for what ails the economy in a pandemic outbreak. As well, important perspective on why gold sold off on Friday but not treasuries. Peter Garnry is back with us on equities today, Ole Hansen on commodities, and John J. Hardy on FX.

Today's slide deck: bit.ly/2I8ZagJ
Today we discuss yesterday's market capitulation,which represented an acceleration in an already vulnerable market and wonder when and how the policymakers respond here. Elsewhere, the crude oil downside took on new momentum on fears of plummeting demand, while the gold rally is faltering as a safe haven at the moment. Today with Ole Hansen on commodities and John J. Hardy on macro and FX.