The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of FX Strategy
Summary: Markets are starting off the week on a reasonably positive footing after a late sell-off on Friday in the US failed to follow through into the Monday session in Asia. The US dollar is on the defensive and oil prices are pressing on range highs, in general suggesting that the market is hoping to continue looking through the Covid-19 reality on the ground to the promise of an aggressive vaccine roll-out.
What is our trading focus?
What is going on?
What we are watching next?
Earnings releases this week are slowing down as the Q3 earnings season is coming to an end. This list below shows the most important companies reporting this week.
Economic Calendar Highlights for today (times GMT)
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