Podcast: Will Nonfarm Payrolls confirm a turnaround in US yields?
Saxo Market Call
Summary: Today we focus on a new all-time high in S&P 500 and Nasdaq 100 and to what extent today's US Nonfarm Payrolls release can keep the party going, especially considering the turnaround in Treasury yields this past week. The Chinese technology crackdown continues with further sharp declines in Kuaishou Technology and Alibaba warns investors of higher taxes. We also talk coffee and sugar that are still trading at elevated levels with sugar being one of the best performing commodities this week. The ongoing chip shortage is impacting car production and thus also the demand for platinum. Finally, a look ahead to next week's macro figures and earnings releases. On today's podcast are Ole S. Hansen on commodities and hosting Peter Garnry on equities.
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