Saxo Market Call

Today's slide deck: https://bit.ly/35hOExq Among many topics today, we discuss the US Senate unanimously passing a bill linked to Hong Kong protests and possible implications for the US-China trade deal. Elsewhere, the market sending the loudest signal is the US treasury market, where we wonder whether this is a sign of safe haven seeking.

Today's slide deck: https://bit.ly/2r25P7sIn today's podcast we discuss the optimistic bump in markets overnight despite the latest noise that US and China may not be on the same page in trade negotiations. We also have a look at the state of play for the US dollar, gold, Brazilian real at historic levels and more as we await catalysts in a rather quiet, complacent market. Today with Ole Hansen on commodities and hosting, John J. Hardy on FX.

Today's slide deck: https://bit.ly/35fMX3F Today we discuss the ongoing market melt-up and sound a few notes of concern on the fundamental data front, as well as the strength of the trade deal narrative. Peter discusses the Saudi Aramco valuation metrics ahead of the company's IPO. Today with Peter Garnry on equities, Ole Hansen on commodities, and hosting, John J. Hardy on FX.

Today's slide deck: bit.ly/2KjduoDMarket sentiment is stronger today as the US Director of the National Economic Council Larry Kudlow says that first-phase china trade talks are now entering the final stage. In addition China's central bank conducted RMB 200bn MTL (Medium-Term Lending) operations to strengthen financial conditions. In today's Market Call we discuss KOSPI 200, oil market, cocoa and earnings from Maersk. Today with Peter Garnry on Equities and hosting by Ole Hansen on Commodities.

Today's slide deck: bit.ly/2q2pELPToday we discuss a trifecta of macro misses out of Asia and the continued risk-off in markets evident in stronger JPY and gold going higher. In addition we also focus on South Korean equities, US health insurance costs, coffee price action, oil, earnings from Tencent and news of a $15bn capital raise from Alibaba. Today with Ole Hansen on Commodities and hosting Peter Garnry on Equities.

Today's slide deck: bit.ly/372mCYwToday we discuss the safe-haven bets coming in again in gold and Japanese bonds after Trump's speech yesterday on the US-China trade war. Later in the session two important events will hit markets, 1) US Congress Impeachment Hearings and 2)US Fed Chair Powell to Adress Congressional Committee. We also discuss NZD given the unexpected no rate cut overnight from RBNZ, Italian equities, gold and natural gas. Today with John J. Hardy on FX, Ole Hansen on Commodities and hosting Peter Garnry on Equities.

Today's slide deck: https://bit.ly/2Q93L83 Today we discuss the accelerating sell-off in safe haven bonds and the possible implications for very high complacency levels, taking particular note the steep VIX curve and the massive move in JGB's over the last week. Also be aware that US President Trump is set for a very busy week, starting with a widely anticipated speech later today. Today with Peter Garnry on Equities, Ole Hansen on Commodities, and hosting John J. Hardy on Forex.

Today's slide deck: bit.ly/2p5IgK7In today's Market Call, Ole S. Hansen on commodities and host Peter Garnry discuss the events in Asia with the Hang Seng futures down 3% and the offshore Yuan above 7 again indicating somewhat increase in uncertainty over the "phase one" US-China trade deal. We also discuss the direction for gold amid this uncertainty, and Sunday's election in Spain.

Today's slide deck: https://bit.ly/2K0CrVK  In today's Market Call, host John J. Hardy discusses the latest news that at least some White House officials are pushing back against the purported terms of the trade deal, all while nearly every major market is at some kind of pivotal level. A bit of focus on next week's calendar as well, as next week looks important for the Australian dollar.

Today's slide deck: https://bit.ly/2pFftg0  Today we discuss this morning's breaking news that the US and China have agree to lift tariffs as a trade deal progresses, though we still don't have a time and place for the deal. As well, we sound a couple of notes of caution on what could bring an end to the current melt-up in risk appetite.