Saxo Market Call

Today's slide deck here: https://bit.ly/2CiJ958 In today's call, we cover a lot of ground, including the remarkable high in risk sentiment, key levels coming up in US 10-year yields, the strong USD and stronger CNY and related perfect storm for precious metals and much more. Today with Peter Garnry on equities and host John J. Hardy on FX.

Today's slide deck: bit.ly/2oMocfIToday we discuss the rally in equities that is continuing overnight on positive trade optimism and the Chinese Yuan strengthening to 7 for the first time since August. Today's most important macro event is ISM Non-Manufacturing released at 1500 GMT as investors are still searching for signs that the manufacturing recession has not spread to the services sector. Host is Peter Garnry on equities.

Today's slide deck: bit.ly/2Ne2mevToday we discuss the possibility that markets are lurching into an all-out melt-up scenario somewhat akin to the 1999 blow-off rally, as US equities ripped to new highs for the cycle on Friday after a strong US jobs report, albeit one with weak internals, and a weaker than expected October ISM and despite general signs of increasing recession risk. Today with Peter Garnry on equities and hosting, John J. Hardy on FX.

Today's slide deck: https://bit.ly/2JGEXA6  In today's call, we discuss the remarkable resilience of risk appetite despite mounting evidence of a weakening US economy and how that resilience could face its largest test to date on today's US jobs report and ISM Manufacturing surveys. In general, we see interesting pivots in a number of markets and rising risk of a pickup in currently very low volatility. Today with Peter Garnry on equities, Ole Hansen on commodities, and hosting, John J. Hardy on FX.

Today's slide deck here: bit.ly/34igRUqIn today's call we take a look at the market reaction to yesterday's hawkish rate cut which helped send the dollar lower while bonds and stocks rose. Gold has, despite the reduced outlook for further cuts, returned to $1500 as plenty of global risks remain. Apple delivered while China PMI's weakened further. Today with Ole S. Hansen

Today's slide deck here: https://bit.ly/2BTaGd9 In today's call we discuss this evening's FOMC meeting and how the Powell Fed positions a rate cut and recent QE expansion even as it describes the economy as reasonably strong and the US equity market has recently posted an all time high. We also looked at earnings, risk appetite, the US macro outlook, energy markets and much more. Today with Peter Garnry on equities, Ole Hansen on commodities and hosting, John J. Hardy on FX.

Slide deck for the FX Deep Dive here: https://bit.ly/2NlDYGzA longer form look at the forces driving currencies and asking the important questions about the current, very complacent market's underlying assumptions about what the Fed can deliver and whether a US recession could spoil the risk-on party.

Latest slide deck here: bit.ly/2ovWVhCIn today's Market Call we discuss S&P 500 hitting an all-time high despite weak macro and declining earnings growth as the market is fueled by TINA ('there is no alternative'). We also take a look at tomorrow's FOMC rate decision and the market's expectations for further rate cuts. On commodities our focus is on palladium and coffee with the former also hitting an all-time high. Finally, we talk about earnings and last night's earnings miss from Alphabet (Google's parent company). Today with Ole Hansen on commodities and hosting, Peter Garnry on equities.

Latest slide deck here: https://bit.ly/2Wk7wbLIn today's Market Call we discuss the hopes for a trade deal and the Fed punch bowl driving US equities to all time highs, in the case of the Nasdaq 100, the latest rally in precious metals, the outlook for the US dollar and much more. Today with Ole Hansen on Commodities and hosting, John J. Hardy on FX.

Latest slide deck here: https://bit.ly/31FUGWoA lot of news to follow up on in today's podcast as we cover Draghi's swan song at the ECB yesterday, what is prompting gold to suddenly rally, Amazon's ugly earnings report and guidance and more. Today with Peter Garnry on Equities, Ole Hansen on Commodities and hosting, John J. Hardy on FX.