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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
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Q4_Ole
Video length: 2 minutes
Quarterly Outlook

Q4 Outlook: Trump, sanctions, and tariffs

Ole Hansen
Head of Commodity Strategy

Summary:  President Trump's trade war against China has left industrial metals reeling, while oil prices have risen sharply following the imposition of new sanctions on Iran. Uncertainties abound, not least of which is the full impact of the Iran sanctions and the size of the resulting production cut, which will determine what oil costs by year-end.

Saxo Bank's Quarterly Outlook for Q4 is here, with expert insights and trading themes from our team of strategists. Get your copy here.

Outrageous Predictions 2026

01 /

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    Charu Chanana

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  • Dollar dominance challenged by Beijing’s golden yuan

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    Dollar dominance challenged by Beijing’s golden yuan

    Charu Chanana

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    Beijing does an end-run around the US dollar, setting up a framework for settling trade in a neutral...
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    Dumb AI triggers trillion-dollar clean-up

    Jacob Falkencrone

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    Agentic AI systems are deployed across all sectors, and after a solid start, mistakes trigger a tril...
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    Quantum leap Q-Day arrives early, crashing crypto and destabilizing world finance

    Neil Wilson

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    A quantum computer cracks today’s digital security, bringing enough chaos with it that Bitcoin crash...
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  • SpaceX announces an IPO, supercharging extraterrestrial markets

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    SpaceX announces an IPO, supercharging extraterrestrial markets

    John J. Hardy

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    Financial markets go into orbit, to the moon and beyond as SpaceX expands rocket launches by orders-...
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  • Taylor Swift-Kelce wedding spikes global growth

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    Taylor Swift-Kelce wedding spikes global growth

    John J. Hardy

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    Next year’s most anticipated wedding inspires Gen Z to drop the doomscrolling and dial up the real w...
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  • Executive Summary: Outrageous Predictions 2026

    Outrageous Predictions

    Executive Summary: Outrageous Predictions 2026

    Saxo Group

    Read Saxo's Outrageous Predictions for 2026, our latest batch of low probability, but high impact ev...
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  • Despite concerns, U.S. 2026 mid-term elections proceed smoothly

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    Despite concerns, U.S. 2026 mid-term elections proceed smoothly

    John J. Hardy

    Global Head of Macro Strategy

    In spite of outstanding threats to the American democratic process, the US midterms come and go cord...
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  • Obesity drugs for everyone – even for pets

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    Global Head of Investment Strategy

    The availability of GLP-1 drugs in pill form makes them ubiquitous, shrinking waistlines, even for p...
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  • China unleashes CNY 50 trillion stimulus to reflate its economy

    Outrageous Predictions

    China unleashes CNY 50 trillion stimulus to reflate its economy

    Charu Chanana

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    Having created history’s most epic debt bubble, China boldly bets that fiscal stimulus to the tune o...
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