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: Chinese equities appear prepared to fill the gap to the downside, reports Saxo Head of Equity Strategy Peter Garnry. Futures prices are rolling over as a manufacturing slowdown joins other soft data points. Also, FX markets remain muted but Saxo FX Head John Hardy says that we are seeing some interesting long-term signals from global central banks.