Outrageous Predictions
Carry trade unwind brings USD/JPY to 100 and Japan’s next asset bubble
Charu Chanana
Chief Investment Strategist
Summary: Today, the usual suspects knee-jerked higher Thursday on Trump's latest peace declaration as crude oil dropped, while the other usual suspects (software as a service) were some of the worst performers ahead of Adobe's earnings release after the close. Also, a strong discussion of the status for gold, copper, crude oil and El Niño with Saxo Head of Commodity Strategy Ole Hansen, a look at macro and FX and much more. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.