Podcast: ECB turns hawkish, US CPI gallops, and Chinese tech skids
Saxo Market Call
Summary: Financial markets are settling down compared to the past two weeks' volatility but de-risking going into the weekend is very a theme that could dominate today's price action. Chinese technology stocks are today's biggest mover down 5% in Hong Kong as the SEC announced yesterday five Chinese ADRs (Chinese stock listings in the US) that could be delisted if they do not comply with the new US auditing rules for foreign companies; in total 270 Chinese companies are at risk of delisting. In today's podcast we also talk about ECB's hawkish surprise and the galloping US inflation impacting the US yield curve. In commodities we look at a hectic week including the blowup in nickel LME futures. Today's pod features Peter Garnry on equities and Ole S. Hansen on commodities.
Follow Saxo Market Call on your favorite podcast app:
Quarterly Outlook Q2 2022
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.