Podcast: A pivotal ECB meeting today. Watching CNHJPY
Saxo Market Call
Summary: Today we preview today's pivotal ECB meeting as rate expectations have rushed to new highs for the cycle this week in anticipation of the ECB's anticipated July rate lift-off, with the market divided on whether the ECB is ready to hike 50- or 25 basis points to initiate the tightening cycle at the July meeting. We also look at new highs for the cycle in crude oil yesterday, natural gas markets roiled by a fire at a US LNG facility, the ongoing JPY volatility, important stocks to watch today, including Credit Suisse, Meta, Roku and DocuSign. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Listen to today’s podcast here, where a link to today's slides may be found.
Follow Saxo Market Call on your favorite podcast app:
Latest Market Insights
Quarterly Outlook Q2 2022: The End Game has arrived
- Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Productivity and innovation have never been more importantAs the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recessionWhile global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.