Podcast: Are expectations for imminent Powell put overbaked?

Podcast: Are expectations for imminent Powell put overbaked?

Podcast 20 minutes to read

Saxo Market Call

Summary: Today we look at yesterday's steep sell-off on Wall Street as the market continues to fret the rise in Treasury yields. Linked to that, we ponder whether expectations for imminent Fed action to tamp down on longer yields are overbaked as Fed Chair Powell is set for an appearance later today. A look through FX developments, especially the most pronounced mover in G10 FX, the Swiss franc, and a look at gold oil and more on the call. On today's call were Ole Hansen on commodities and John J. Hardy hosting an on FX.

Listen to today’s podcast and have a look at today’s slide deck.

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Podcast: Are expectations for imminent Powell put overbaked?

Saxo Market Call

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Latest Market Insights

Outrageous Predictions 2023: The War Economy

Billionaire coalition creates trillion-dollar Manhattan Project for energy

French President Macron resigns

Gold rockets to USD 3,000 as central banks fail on inflation mandate

EU Army forces EU down path to full union

A country agrees to ban all meat production by 2030

UK holds UnBrexit referendum

Widespread price controls are introduced to cap official inflation

OPEC+ & Chindia walk out of the IMF, agree to trade with new reserve asset

USDJPY fixed to the USD at 200 as Japan overhauls financial system

Tax haven ban kills private equity

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