By using our website you agree to our use of cookies in accordance with our cookie policy.
Okay
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.
Show more
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
Show less
TradersInstitutional and Partners
General.Accessibility.Close

Quick Links

SaxoStrats

Market Call Podcast

John Hardy
Head of FX Strategy
Read More

2020 Outrageous Predictions are out now!

Continuing almost two decades of tradition, our experts have made 10 consensus-smashing market forecasts for the year ahead.
Find out more
    Forex

    FX Breakout Monitor: GBP strong, USD meandering ahead of FOMC

    John Hardy
    Sterling traders seem confident that we are headed for a Tory majority government and a smooth path to Brexit as the recent sterling rally has proven one of the very few successful breakout trades of late. Elsewhere, the USD looks inert after teasing lower recently in places ahead of the FOMC meeting tomorrow.
    Commodities

    Copper attempting a fresh breakout

    Ole Hansen
    Copper update
    Forex

    UK election – it is tough to trade consensus outcomes

    John Hardy
    The UK general election this Thursday is historic as it is seen as likely to finally deliver the Brexit that was voted for all the way back in June 2016. The market is looking forward to the election and the anticipated outcome of a Conservative majority under Boris Johnson with guarded optimism. Here we try to assess reasons for further optimism on the UK and sterling, but also a few notes of caution.
    Macro

    December FOMC Outlook : On Hold

    Christopher Dembik
    The only interest of the upcoming FOMC meeting will be the release of the latest Summary of Economic Projections, including the evolution of dot plot.
    Equities

    Corporate boards have failed in stock option compensation

    Peter Garnry
    Stock-based compensation is often a big part of overall compensation at publicly-listed companies but unfortunately often with too low exercise prices that they always pay out simply by randomness
    Equities

    Was October the turning point?

    Peter Garnry
    Today's global leading indicators release from OECD shows that October may have been the turning point for the global economy. In this case equities should outperform bonds substantially.
    Macro

    Macron’s pension reform will be fairer, but workers should start their own savings now

    Christopher Dembik
    Some background and comment on what is happening in France regarding the massive strike against the pension reform.
    Macro

    Chart of the Week : Economic costs of natural disasters

    Christopher Dembik
    One of our strongest convictions is that we should get ready for a huge monetary and fiscal climate package, but more likely in 2021 than in 2020.
    Load more

    Disclaimer

     The Saxo Bank Group entities each provide execution-only service and access to Analysis permitting a person to view and/or use content available on or via the website. This content is not intended to and does not change or expand on the execution-only service. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Saxo News & Research and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Saxo News & Research is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Saxo News & Research or as a result of the use of the Saxo News & Research. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. Saxo News & Research does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws.

    Please read our disclaimers:
    Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
    Full disclaimer (https://www.home.saxo/legal/disclaimer/saxo-disclaimer)
    Full disclaimer (https://www.home.saxo/legal/saxoselect-disclaimer/disclaimer)

    Saxo Services & Products

    General

    Contact Us

    Saxo Bank A/S (Headquarters)
    Philip Heymans Alle 15
    2900
    Hellerup
    Denmark

    Call Us

    +45 3977 4000

    Join our Community

    Country

    International

    The value of your investments can go down as well as up. Losses can exceed deposits on margin products. Complex products, including CFDs and FX, come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. 72% of retail investor accounts lose money when trading CFDs with this provider.

    Trade responsibly
    All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

    This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

    Apple and the Apple logo are trademarks of Apple Inc, registered in the US and other countries and regions. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.