Energy is building towards...what?
Saxo Market Call
Summary: Today we run through a choppy start to the week as the market digests the latest sharp advance in energy prices and bond yields and casts a nervous eye on the feeble Chinese growth data for Q3. We also dive into the sharp flattening of the US yield curve, the hot CPI reading out of New Zealand overnight, look at what drives GBPUSD even more than the recent drastic repricing of the Bank of England's rate hike expectations in recent months, talk extreme JPY weakness and whether it is sustainable, preview the busy earnings calendar for the week ahead and a less busy, but still interesting macro calendar as well. Today's pod hosted by John J. Hardy.
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