Morning Call: Risk rally remains in force
Head of Editorial Content, Saxo Bank
Summary: Today's edition of the Morning Call sees Saxo Head of Commodities Strategy Ole Hansen looking at a week of gains for risk assets, with the S&P 500 recording its strongest weekly performance since July 2018 and GBPUSD posting its strongest run in a year.
Facebook – an 800lb crypto gorilla
No monkeying around. Facebook (FB: Nasdaq) will do to the cryptocurrency universe what Amazon did to retail. This morning, the social media behemoth announced plans for a new digital currency, Libra, and a digital wallet, Calibra.
Morning Call: Markets in thrall to FOMC
In today's edition of the Saxo Morning Call we discuss how markets remain spellbound by Wednesday's crunch Fed policy meeting, with the Nasdaq trading sideways, gold bounding higher and AUDUSD eyeing a 10-year low. The US June Empire Manufacturing Survey, meanwhile, has taken a dive.
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