AI disruption grenades continue to go off. JPY rattles its cage.
Résumé: Today, a look at carnage for additional individual names on AI disruption fears even amidst relative market calm in US equities. Elsewhere, a break down of the US jobs report, going way beyond all of the headlines on the January numbers to indicate how little the wiser we are all on the actual state of the US labor market from this specific report. As well, a look at the chunky further JPY rally and whether and how a possible revaluation of the yen might unfold from here. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy.
Listen to the full episode now or follow the Saxo Market Call on your favorite podcast app.
Link to John's The FX Trader piece from today.
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