With just six days to go to president-elect Trump's second Inauguration Day, we look at the lay of the land and how markets are anticipating the big incoming policy shifts, especially the shape of incoming tariffs. We also look at factors driving the strong start in global commodity markets to start the year, the impact of sanctions on Russian oil and gas assets and upcoming event risks this week.

Today's episode features Saxo Head of Commodity Strategy Ole Hansen, with Chief Macro Strategist John J. Hardy hosting.

Read daily in-depth market updates from the Saxo Market Call and Saxo Strats Market Strategy Team here.

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