Saxo Market Call

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

Today we look at whether the Everything Up trade can continue from here, and if so, the narrative that is driving it, especially TINA and the idea that the Fed will remain hyperactive as long as US political gridlock means fiscal stimulus will remain largely handcuffed for some time. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/2I9W2Vw  - Today we look at the enormous US equity and bond market rallies yesterday and try to frame what is going on as a collapse in volatility after the apparently over-anticipated US election event - which nonetheless is being hotly contested by President Trump. We delve into FX and Commodity market reactions as well. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today we offer our brain-dump on what has unfolded on Election Day in the US, with the final results still unknown and vote counts apparently stalled. But the headline takeaway so far is that turnout was not the Democrats secret weapon and even more so, that mainstream polling and news outlets got the situation so massively wrong that their credibility is now fatally eroded. A contested election scenario is a prominent risk, with the losing side once the vote is counted refusing to concede if the vote margins are razor thin. Today with Peter Garnry on equities, Ole Hansen on equities and John J. Hardy hosting and on FX.

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

Today we offer our final thought ahead of the US Election, including uncertainties on the quality of polling data and market reaction for various scenarios across asset classes, particularly for gold and FX. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Article link on Saxo's home page for this podcast: https://bit.ly/385tBmy  - 

In today's US Election Special Edition podcast, John Hardy runs down his series of Election Countdown articles and discusses Electoral College Outcome scenarios and what these could mean for the markets, as well as where to focus on Election Night as the results come in.

Today's slide deck: https://bit.ly/34Layvv   - 

Today we look at the market action heading into this week as risk sentiment ex Asia remains in the dumps on new Covid-19 lockdowns and possibly on jitters ahead of the US election. A look at the steepening US yield curve and the drivers there and thoughts on the USD and AUD ahead of the US election and RBA meeting. Today with Althea Spinozzi on fixed income, Peter Garnry on equities, and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3kFRvs0   - 

Today we look at the sudden slide in sentiment after the US equity market close yesterday, in the wake of four of the largest US companies reporting earnings. The bad mood was most concentrated on Apple and its lack of guidance for the holiday season. Elsewhere, a look at very weak oil markets, the key support levels for gold, FX themes and signs of strong turnout in the US election. Today with Peter Garnry on equities, Ole Hansen on equities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3kE3ZR1  - 

Today we look at yesterday's ugly deleveraging move in Europe and the US on the new Covid-19 lockdowns and point out how "safe haven" bonds are not providing any offsetting safe haven premium and where traders might look for long volatility strategies for protection. Also a look into the FX, oil and gold moves yesterday and a preview of the big four US megacaps reporting today after the close of trading. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

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

Today we look at increasingly dicey risk sentiment as Covid-19 lockdowns threaten for Europe and despite strong earnings expectations this week from big US names. In FX, the JPY is rattling its cage and threatening major support in USDJPY and EURJPY, while we wonder if gold expectations as expressed in options positioning are too bullish. Today with Peter Garnry on equities, Ole S. Hansen on commodities and John J. Hardy hosting and on FX.

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

Today we look at yesterday's weak session in both the US and Europe ahead of a huge haul of big earnings reports later this week and after the SAP disaster has taken the DAX down to its 200-day moving average. Also, a look at the shaky sterling outlook, copper and grains, the ANT Group IPO, US election perspectives and more. Today with Ole Hansen on commodities and John J. Hardy hosting and on FX.