Saxo Market Call

Note: The odds for a rate cut at the Oct 30 FOMC meeting are presented the wrong way around in today's podcast. (90% in favor of cut.)Full discussion of this in tomorrow's podcast and ahead of the FOMC meeting.Today we discuss interesting individual earnings stories and today's trio of central bank meetings, but most importantly offer a general warning that the late spate of extremely compressed market volatility shouldn't be taken as a sign that all is well, but that markets may be spring loaded to swing into gear once a catalyst on key outstanding issues shifts the narrative. Today with host John J. Hardy, Saxo Head of FX Strategy.

Latest slide deck: https://bit.ly/2jOtrce In today's call - we discuss latest Brexit developments, interesting divergences in risk appetite measures, key equity stories and more. Today with Saxo Head of Equity and Quant Strategy Peter Garnry and hosting is John J. Hardy, Saxo Head of FX Strategy.

Today's slide deck: https://bit.ly/2N0xYD8 Today we discuss today's pivotal vote in the UK Parliament on the Brexit deal (the first in a long time a decisive vote is finally set to take place) and how this will not be the end of the story. Elsewhere, US earnings season is in full swing and two key US giants are report in the days ahead, Today with Saxo Head of Equity and Quant Strategy, Peter Garnry and hosting, John J. Hardy, Saxo Head of FX Strategy

Slide deck for today's call: https://bit.ly/2oXKtqUIn today's Market Call, we discuss the latest twists and turns in the never ending Brexit story, whether the USD is turning, what is holding equity markets aloft and key earnings story from last week and for the week ahead. Today with Peter Garnry, Saxo Head of Equity Strategy, Ole Hansen, Saxo Head of Commodity Strategy, and hosting, John J. Hardy, Saxo Head of FX Strategy.

Today's slide deck: https://bit.ly/2oNzwYV Today we discussed the ramping prospects for a Brexit deal, and the last key sticking point before we know a deal can happen. Also a great discussion today on crude oil and the effects on oil prices for China from US sanctions on the Chinese shipper COSCO, as well as the prospects for a US-China trade deal. Today with Ole Hansen, Saxo Head of Commodities Strategy and hosting, John J. Hardy, Saxo Head of FX Strategy.

Today's slide deck: bit.ly/2MFvYQBToday we discussed China's reluctance to sign on to the "phase one" trade deal trumpeted by the US, upcoming earnings season, crude oil and much more. Today with Saxo Head of Commodity Strategy Ole Hansen and Saxo Head of Equity Strategy Peter Garnry. Hosting is John J. Hardy, Head of FX Strategy.

Today's slide deck: https://bit.ly/2BadbHS Today we discussed the flurry of events moving markets at the end of last week, including prospects for a Brexit deal, the handshake US-China trade deal announced by US President Trump, and the Fed's announcement of large new T-bill purchases. Today with Saxo CIO, Steen Jakobsen and hosting, John J. Hardy on FX.

Slide deck: bit.ly/2MrHHSEToday we discuss big market moves in long US bonds, global equities and GBP driven by Trump's tweet hinting of an imminent narrow trade deal between the US and China. GBP was stronger on the backdrop of news indicating that UK PM Boris Johnson sees a pathway to a Brexit deal. On the call, we also discuss oil and gold, with the former on the rise today on report that an Iranian oil tanker has been hit by explosives. Today with Ole Hansen, Saxo Head of Commodity Strategy and John J. Hardy, Saxo Head of FX Strategy, and hosting Peter Garnry, Head of Equity Strategy.

In this October update we take a closer look at current macro developments and their impact on key commodities from crude oil and gold to copper and grains. As usual we also dive into the Commitments of Traders report looking for signals.

Slide deck: bit.ly/323mxRqToday we discuss market see-sawing as the first US-China trade talk headlines hit the wires and what to look for next. Elsewhere, grain markets action is heating up, both on prospects for at least a limited US-China deal, but also from a drawdown in US stocks ahead of a key report today. Today with Ole Hansen, Saxo Head of Commodity Strategy and hosting, John J. Hardy, Saxo Head of FX Strategy.