A pressure cooker of rising energy prices, rising USD and rising yields.
Saxo Market Call
Summary: Today we look at the ongoing energy crisis, which is spreading more aggressively into oil prices now, scratch our heads at yesterday's attempt to piece together a rally in equities and then the negative sentiment shift overnight and into this morning, with no relief in sight as the USD pulls back stronger, driven in part by rising US treasury yields. A look at interesting policy signals from Prime Minister Boris Johnson in a speech today, inflationary signals from cotton and PepsiCo's guidance on price hikes, the RBNZ sell-the-fact rate hike overnight and more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.
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Quarterly Outlook Q2 2022
Quarterly Outlook Q2 2022: The End Game has arrived
- Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Productivity and innovation have never been more importantAs the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recessionWhile global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.
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