Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Global Head of Macro Strategy
Summary: US markets rebounded off the support area that was tested late last week with a sizable gain, though that gain looks less remarkable when considering the recent expansion of trading ranges, and European stocks remain bogged down in lackluster ranges. The US dollar weakened yesterday and overnight, particularly against an aggressively stronger Chinese renminbi, as headlines touting a Chinese recovery that is gathering speed.
What is our trading focus?
What is going on?
What we are watching next?
Economic Calendar Highlights for today (times GMT)
Follow SaxoStrats on the daily Saxo Markets Call on your favorite podcast app: