CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
For institutions
Log in Open account
Erik Schafhauser Zürich

Morning Brew April 19 2022

Morning Brew 1 minute to read
Erik
Erik Schafhauser

Senior Relationship Manager

Summary:  Markets waiting for clues

Good Morning,

Markets remain on the edge with worries on Ukraine, China , Rate Hike fears and rising commodity prices weigh on risk sentiment but movements are fairly small.

The USD Index rose above 100 again to trade at 100.80, EURUSD trades at 1.0770 and GBPUSD fell below the 1.30 to trade at 1.2990. Gold and Silver 1975 and 25.75.

Japanese Officials state worries on the weakening yen, and that the damage to the economy is greater than the benefits accruing to it, we are currently trading at 128.15,

Equities are in Limbo with the US30 trading at 34500, the US500 at 4400, the USTECH100 just below the 14000 and the GER40 holding above at 14080

This week will be dominated by earnings, news around Elon Musks takeover of Twitter or the failure thereof, Earnings by Tesla tomorrow, Ukraine and Inflation.

The lockdowns in China are causing a pile up of ships that is giving a hint of supply chain disruptions coming up and we can expect negative news that I am not sure are fully priced in.

Earnings this week:

  • Tuesday: Haliburton, Johnson &Johnson, Netflix, Lockheed Martin
  • Wednesday: Tesla, Alcoa, P&G, Nasdaq
  • Thursday: American Airlines, Snap, AT&T
  • Friday: Amex, Verizon, SAP, Schlumberger

Economic data:

  • Tuesday: Canadian and US Housing data at 14:15 and 14:30
  • Wednesday: German PPI at 08:00EU Industrial Production at 11:00, CA CPI at 14:30
  • Thursday: EU HICP at 11, US Labor Data at 14:30
  • Friday: UK CPI at 8:00, International PMI

Trade Safely!

 

This content is marketing material. 
None of the information provided on this website constitutes an offer, solicitation, or endorsement to buy or sell any financial instrument, nor is it financial, investment, or trading advice. Saxo Bank A/S and its entities within the Saxo Bank Group provide execution-only services, with all trades and investments based on self-directed decisions. Analysis, research, and educational content is for informational purposes only and should not be considered advice or a recommendation.

Saxo’s content may reflect the personal views of the author, which are subject to change without notice. Mentions of specific financial products are for illustrative purposes only and may serve to clarify financial literacy topics. Content classified as investment research is marketing material and does not meet legal requirements for independent research.

Saxo partners with companies that provide compensation for promotional activities conducted on its platform. Some partners also pay retrocessions contingent on clients investing in products from those partners.

While Saxo receives compensation from these partnerships, all educational and research content remains focused on providing information to clients.

Before making any investment decisions, you should assess your own financial situation, needs, and objectives, and consider seeking independent professional advice. Saxo does not guarantee the accuracy or completeness of any information provided and assumes no liability for any errors, omissions, losses, or damages resulting from the use of this information.

Please refer to our full disclaimer and notification on non-independent investment research for more details.

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
2900 Hellerup
Denmark

Contact Saxo

International
International
Pricing
Account types
About Saxo
Legal

All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.

Saxo is part of the J. Safra Sarasin Group.

Information on our international website (as selected from the globe drop-down) can be accessed worldwide and relates to Saxo Bank A/S as the parent company of the Saxo Bank Group. Any mention of the Saxo Bank Group refers to the overall organisation, including subsidiaries and branches under Saxo Bank A/S. Client agreements are made with the relevant Saxo entity based on your country of residence and are governed by the applicable laws of that entity's jurisdiction.

Apple and the Apple logo are trademarks of Apple Inc., registered in the US and other countries. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.