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?
Summary: Join Saxo's Chief Economist, Steen Jakobsen, and Head of FX Strategy, John Hardy, as they discuss the US-China trade war in light of an unexpected downturn in Chinese industrial production and retail trade data. Complacency remains the dominant tone across markets but both gold and Bitcoin have shot higher, possibly on CNY devaluation fears.