Podcast: Can it really be that easy?
Saxo Market Call
Summary: oday we look at the strong start to the new week and new month after Friday saw the most immediate cause of concern - spiking bond yields - easing back lower. Australia's RBA announced a doubling of longer term bond purchases and the ECB has railed against higher yields recently as well, and the US House just passed the $1.9 trillion stimulus, which now must pass the Senate. Is the market trying once again to celebrate central banks having the market's back - perhaps prematurely? A look at commodities and FX developments on the call as well. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
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