CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
 
For institutions
Log in Open account
United Kingdom
14fxL

Key Stories from the past week:

Macro
Saxo Be Invested
Saxo

Global equities made their way to record highs with this week’s US rate cut aiding a rotation into value and cyclicals. The S&P500 and Dow Jones both reached fresh records and in Europe the Stoxx 600 trades at a record high lifted by financials and industrials. MSCI Asia is less than 2% from its high. Copper and Silver surge on industrial demand while Natural gas tumbles as inventories pile up. The US dollar rebounded after a post Fed sell-off.

The FED cuts as expected
The US Federal Reserve cut the Fed Funds rate by 25 bps to 3.5%–3.75% with members split over whether inflation or the job market should be their bigger worry. In the end, the decision was made to protect against a sharper-than-anticipated slowdown in hiring.
Dovish fed drives USD weakness, but how far?

Oracle’s credit risk increases
Oracle slumped more than 11% as softer cloud revenue and heavy AI data-centre spending raised questions about debt-funded expansion. Oracle credit derivatives have become a credit market barometer for AI risk.
Oracle's AI bill arrives

AI demand powers Broadcom sales growth
US tech giant Broadcom announced record revenue as part of their Q4 earnings. The share price, which has rocketed this year, struggled after flagging margin pressure from faster artificial intelligence (AI) sales.
When AI turns into hardware, margins matter

Silver rally to new record
Silver extended its record breaking run with a weekly gain of close to 10% (116% YTD). Industrial demand fuels supply concerns with prices given further support by the FOMC rate cut, which helped soften the dollar and Treasury yields.
Silver's breakout year

Key data released next week includes Eurozone Dec PMI, US Oct&Nov Non-farm payrolls, US Oct Retail sales, US Dec PMI (Tues). Eurozone Nov CPI, Crude oil inventories (Wed). BOE Interest rate decision, ECB Interest rate decision, US Nov CPI, US Initial jobless claims (Thurs). BOJ Interest rate decision, US Oct Core PCE (Fri). Earnings highlights to watch for are Lennar (Tuesday), Micron, General Mills (Wednesday), Accenture, Nike, Fedex (Thursday), Carnival (Friday).

 

 

This content is marketing material. 

None of the information provided on this website constitutes an offer, solicitation, or endorsement to buy or sell any financial instrument, nor is it financial, investment, or trading advice. Saxo Capital Market Ltd. (SCML) provides execution-only services, with all trades and investments based on self-directed decisions. Analysis, research, and educational content is for informational purposes only and should not be considered advice or a recommendation.

SCML content may reflect the personal views of the author, which are subject to change without notice. Mentions of specific financial products are for illustrative purposes only and may serve to clarify financial literacy topics. Content classified as investment research is marketing material and does not meet legal requirements for independent research.

SCML partners with companies that provide compensation for promotional activities conducted on its platform. Some partners also pay retrocessions contingent on clients investing in products from those partners. 

While SCML receives compensation from these partnerships, all educational and research content remains focused on providing information to clients.

Before making any investment decisions, you should assess your own financial situation, needs, and objectives, and consider seeking independent professional advice. SCML does not guarantee the accuracy or completeness of any information provided and assumes no liability for any errors, omissions, losses, or damages resulting from the use of this information.

Please refer to our full disclaimer and notification on non-independent investment research for more details.

Saxo
40 Bank Street, 26th floor
E14 5DA
London
United Kingdom

Contact Saxo

United Kingdom
United Kingdom
Products & pricing
Platforms
Accounts & service
General
Other
Legal

Warning

Trade Responsibly
All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more
Additional Key Information Documents are available in our trading platform.

Saxo is a registered Trading Name of Saxo Capital Markets UK Ltd (‘Saxo’). Saxo is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA. Company number 7413871. Registered in England & Wales.

This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.

It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. If you are still unsure if investing is right for you, please seek independent advice. Saxo assumes no liability for any loss sustained from trading in accordance with a recommendation.

Apple, iPad and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc.

©   since 1992