The oil and gas industry desperately needs higher prices
Restructurings and potential defaults are getting more pronounced in the energy sector as the debt leverage and low prices have reached its breaking point. The industry desperately needs higher prices to become sustainable from an equity investor perspective.
The US consumer is still relatively strong
Yes, the University of Michigan consumer confidence survey slightly undershot expectations. But the US consumer is still relatively strong.
Saxo Liquidity Dashboard
This is the first edition of the Saxo Liquidity Dashboard. We believe that in the era of central bank power and USD dominance, it is of prime importance to track the evolution of central bank liquidity and USD liquidity. Our dashboard features a number of indicators that will give you some clues about the direction of the global economy and financial markets and will help you formulating your investment decisions.