Equities dip, but FX points to fresh risk sentiment boost
Saxo Market Call
Summary: Today we look at the slight dip in risk sentiment in US equities, but note a more risk-on tone in FX, where the USD and JPY are continuing south and the formerly beleaguered Aussie has staged a v-shaped recovery from recent lows. A look at oil in the wake of the OPEC meeting yesterday, US grains under pressure on trade infrastructure damage from Hurricane Ida, precious metals levels, anti-trust risks for Google rising and more on today's pod, which features Ole Hansen on commodities and John J. Hardy hosting and on FX.
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