Morning Call: Decision Day in the US
Senior Editor, Saxo Bank
Summary: US voters go to the polls today in what's been the most divisive and hard-fought round of interim elections in decades. Join Saxo's Head of Commodity Strategy, Ole Hansen, and Head of Equity Strategy, Peter Garnry, as they spell out the ramifications of the outcome for financial markets globally.
Higher equities will lead to dangerous valuations
Equities are entering dangerous valuation levels again but this time with negative profit growth and rising economic uncertainty
Macro Monday Week 43: Does Brexit deal = Top of USD strength?
Week ahead is light on econ data, flash PMI theme... yet heavy on GeoPolitics. We continue to have a lack of cease fire between Turkey and Syria, we have Canadian General elections today where JT was lagging in the polls and of course the Brexit saga continues. Central banks wise, the ECB is likely dead in the water for a few meetings, decision out of Turkey and Russia could be more interesting.
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