Today's edition of the Saxo Morning Call was unfortunately delayed by technical factors, but this second installment of our new live format features Saxo Bank Head of FX Strategy John Hardy, Head of Equity Strategy Peter Garnry, and Head of Commodity Strategy Ole Hansen discussing last week's TRY crisis, the follow-on seen overnight in Asia, and the contagion risk going forward.
Podcast: Positive start with continued focus on real yields
Equities are mostly positive today following a strong session in Asia after Trump issued executive orders over the weekend providing unemployed Americans with special unemployment benefits. We talk about real yields and how they are driving everything across equities and gold. We also talk about the ongoing recovery despite rising new cases of COVID-19 and the outlook for oil
Market Quick Take - August 10, 2020
Equity futures are starting higher with especially European equity futures bid extending on the gains in Asia. The USD is weaker against the EUR and JPY while continuing to strengthen against various EM currencies with most notably the BRL, TRY and CPL. Gold is licking its wounds from Friday but is stabilising together with US real yields. Brent crude is also starting the week a bit firmer on Saudi Arabia's oil outlook.
What have Saxo’s best-performing clients in 2020 traded?
Throughout the first five months of 2020, the financial markets offered extraordinary trading opportunities, as huge volatility swings gave traders the chance to capitalise on both falling and rising markets. In this article, we look at which asset classes our 100 best-performing clients from each key region traded - and a clear trend emerges.
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