Podcast: Picking up the pieces after the crypto-trauma
Summary: Today we look at how the market reacted to the traumatic deleveraging event in the cryptocurrency space that was clearly made worse by forced liquidation of leveraged accounts, the technical levels in focus for Bitcoin after this latest sell-off, as well as how broader markets reacted to the event and the rather tepid language in the FOMC minutes pointing to an eventual discussion around tapering of Fed asset purchases. Cisco and other earnings, China moving against commodity price rises, the USD status and more on the call. Today's pod featured Ole Hansen on commodities, Peter Garnry on equities and John J. Hardy hosting and on FX.
Follow Saxo Market Call on your favorite podcast app: