Webinar: Commodities and the policy panic
Head of Commodity Strategy
Summary: Join Saxo Head of Commodity Strategy Ole Hansen as he reviews how commodity price trends intersect with a macro environment that sees policymakers struggling to accommodate the prospect of a global economic slowdown.
Morning Call: Huawei ban dents risk appetite
Investor sentiment has taken a bearish turn after the US blacklisting of Chinese tech giant Huawei has heightened concern about the ongoing Sino-US trade war, while a pair of unexpectedly poor US economic data releases is also dulling the tone. In FX, the Aussie is down on a discouraging jobs report and worries about interest rates.
Macro Digest: False stabilisation and trade wars
As Chinese trade war rhetoric becomes more strident the odds of a detente being reached at next month's G20 summit have shrunk to just 50/50. The upshot may be policy moves in the US and infrastructure development programmes in China.
Confusion reigns in crude oil ahead of weekly EIA report
Current very tight market conditions are keeping the risk to oil prices skewed to the upside, but this is a market with many moving and opposing parts and the picture could change very quickly. The next impulse could come from the EIA petroleum status report at 14:30 GMT.
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