Podcast: Commodities are searching for the breaking point
Saxo Market Call
Summary: Uncertainty is still extremely high with key commodity markets across coal, natural gas, oil and wheat going vertical hitting companies and households around the world. We have entered the phase where these commodity prices are causing real demand destruction and raising the probability of a recession. We also talk about the rebound in equities amid potential new peace negotiations between Ukraine and Russia, and Powell's speech that the US economy can absorb higher interest rates. Overnight, MSCI and Russell have decided to remove all Russian equities from their equity benchmark indices effective 9 March with the value of all Russian equities being put at zero on 7 March. On bonds we cover the recent volatility and pricing of rate hikes both in the US and Europe. Today's podcast features Peter Garnry on equities and Ole Hansen on commodities and Althea Spinozzi on fixed-income.
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Quarterly Outlook Q2 2022
Quarterly Outlook Q2 2022: 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?
Productivity and innovation have never been more importantAs the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recessionWhile global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.