Saxo Market Call

Global equities start week on a strong note


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Today's slide deck: bit.ly/33o1wTi -Global equities are rebounding on the comments from Pfizer CEO that the company could provide a vaccine to the American public as soon as before New Year. Nasdaq 100 futures are up 1.8% in early European session. We also talk about the flattening of the US yield curve, Nvidia's $40bn acquisition of the chip-design company Arm, Oracle apparent front-position in the race to get TikTok's US business, Nikola's horrible Friday session off a weak rebuttal of recent fraud and deception claims. Finally we talk about Moody's credit downgrade of Turkey and its wider implications for Turkish asset and emerging markets in general. Today with Peter Garnry hosting and on equities, and Althea Spinozzi.
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