Oops - if only it were so easy
Saxo Market Call
Summary: Today a look at a double whammy of direction changes yesterday after energy price relief jolted back to new concerns as oil rushed back toward the highs and as US yields are pressuring at cycle highs ahead of the key event risk of the week - the US September jobs report. We put special emphasis in that report on the average hourly earnings data perhaps even more than the nonfarm payrolls change. Elsewhere, a look at Bunds yields, comparing junk yields in Europe and UK with those in the US, the latest on natural gas, the macro calendar for the week ahead and more. Today's pod features Althea Spinozzi on fixed income, Ole Hansen on commodities, and John J. Hardy hosting and on FX.
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