Will the world follow Canada's lead on cannabis?
Global Macro Strategist
Summary: Saxo's Kay Van-Petersen sees many countries, and the US in particular, looking to follow Canada's lead on cannabis legalisation with the sector poised for a potential 300-500% rise over the next three to five years.
Morning Call: Huawei ban dents risk appetite
Investor sentiment has taken a bearish turn after the US blacklisting of Chinese tech giant Huawei has heightened concern about the ongoing Sino-US trade war, while a pair of unexpectedly poor US economic data releases is also dulling the tone. In FX, the Aussie is down on a discouraging jobs report and worries about interest rates.
Trade in focus: Prudential plc
Saxo's Trade Signals tool has identified a potential break through support to the downside in Prudential plc. Here, we take a look at the signal provided, as well as the parameters of the potential trade.
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