CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
For institutions
Log in Open account
2025 GL Web Strats 1920x618

Our team of experts

Our in-house strategists deliver actionable insights across global markets, asset classes and tradable instruments.

 
SaxoMarketCall-logo

The Saxo strategy team brings you the Saxo Market Call podcast, available several times a week via your favourite podcast service.

Tune in
John J. Hardy
John J. Hardy
Global Head of Macro Strategy

Global Head of Macro Strategy John J. Hardy, CFA, has been with Saxo since 2002, most of that time as Head of FX Strategy. A native of Houston, Texas, and graduate of the University of Texas at Austin, John focuses chiefly on the thematic narratives that are driving financial markets on timeframes from day-to-day to a few months ahead, even as he is aware of the grand sweep of market history from recent decades to past millennia. John has appeared in the major financial television and print media and is sought out for his often pointed and out of consensus views on how currency, interest rate and other markets will shape up, particularly when the market narrative is getting ahead of itself or is at risk of a surprise.

View Research
Ole Hansen
Ole Hansen
Head of Commodity Strategy

Ole Hansen joined Saxo in 2008 and has been Head of Commodity Strategy since 2010. Ole focuses on delivering strategies and analyses of the global commodity markets defined by fundamentals, market sentiments and technical developments.

View Research
Charu Chanana
Charu Chanana
Chief Investment Strategist

Charu Chanana is the Chief Investment Strategist at Saxo, based in Singapore. Formerly the Head of FX Strategy, she crafts actionable strategies across asset classes and global markets, leveraging her expertise in analysing macroeconomic fundamentals and monetary policy dynamics. Chanana is a sought-after voice and frequently contributes to top media outlets like Bloomberg, Reuters, and CNBC.

View Research
Koen Hoorelbeke
Koen Hoorelbeke
Investment and Options Strategist

Koen Hoorelbeke joined Saxo as an Investment and Options Strategist, offering extensive expertise in investment strategies with a specialization in options trading. He delivers in-depth research and analysis on a wide range of topics, including advanced investment approaches, options strategies, market volatility, and broader financial market dynamics. Koen’s insights are designed to empower clients with a comprehensive understanding of market complexities, helping them make informed and strategic investment decisions.

View Research
Ruben Dalfovo
Ruben Dalfovo
Investment Strategist

Ruben Dalfovo is passionate about long-term equity compounding and practical investor education. With a focus on quality stock selection, portfolio construction, and market dynamics, Ruben likes to transform complex financial concepts into clear, actionable insights tailored to investors at all levels. Influenced by Buffett and Munger, he targets quality businesses with durable moats, disciplined capital allocation, and high returns on invested capital. As an advocate for broader access to markets, he is dedicated to inspiring confidence and enabling smarter, long-term investing through transparent, data-driven communication.

View Research

Get the latest market news

Stay informed with the most recent news and commentary from the SaxoStrats, our team of expert analysts.

01 /

  • Asymmetric risks in a busy week ahead

    Podcast

    Asymmetric risks in a busy week ahead

    Saxo Market Call

    Geopolitics, treasury yields and US data a heady mix.
    Read full article
  • Gold’s real-yield divergence faces a sterner test

    Commodities

    Gold’s real-yield divergence faces a sterner test

    Ole Hansen

    Head of Commodity Strategy

    Read full article
  • COT update: Dollar bulls return as commodity investors rotate out of energy

    Commodities

    COT update: Dollar bulls return as commodity investors rotate out of energy

    Ole Hansen

    Head of Commodity Strategy

    Our weekly Commitment of Traders update returns highlighting future positions and changes made by he...
    Read full article
  • Market Quick Take - Fresh surge in Crude Oil on Hormuz woes spikes risk sentiment - 28 September 2026

    Macro

    Market Quick Take - Fresh surge in Crude Oil on Hormuz woes spikes risk sentiment - 28 September 2026

    Saxo Bank

    Saxo Bank

    Read full article
  • Micron earnings preview: Peak memory, or a new regime?

    Macro

    Micron earnings preview: Peak memory, or a new regime?

    Charu Chanana

    Chief Investment Strategist

    Micron enters earnings with record margins, tight memory supply and strong AI-driven HBM demand. The...
    Read full article
  • Rate vol breaks 100, the index sits still - Options Brief - 25 September 2026

    Options

    Rate vol breaks 100, the index sits still - Options Brief - 25 September 2026

    Koen Hoorelbeke

    Investment and Options Strategist

    The Treasury volatility index closed above 100 for the first time in three months on Thursday. The S...
    Read full article
  • Commodity weekly: Macro pressure meets supply tightness

    Commodities

    Commodity weekly: Macro pressure meets supply tightness

    Ole Hansen

    Head of Commodity Strategy

    Read full article
  • Geopolitics could continue to dog this market for a long while yet.

    Podcast

    Geopolitics could continue to dog this market for a long while yet.

    Saxo Market Call

    Iran deadline and US macro data key next week.
    Read full article
  • The FX Trader: USDJPY reverses around key resistance level.

    Forex

    The FX Trader: USDJPY reverses around key resistance level.

    John J. Hardy

    Global Head of Macro Strategy

    Also, an eye on sterling here.
    Read full article
  • Market Quick Take - Brent near $106 as the thirty-year tops 5.4% - 25 September 2026

    Macro

    Market Quick Take - Brent near $106 as the thirty-year tops 5.4% - 25 September 2026

    Saxo Bank

    Saxo Bank

    Read full article

Market analysis

SaxoStrats experts page tile 670x400

Outrageous Predictions 2026

Quarterly outlook tile 768x412
Decorative image for Macro link

Macro

Thoughts-starters

Thought Starters

Getting started is easy

Register

Sign up and submit your documentation to open an account.

Fund

Add funds quickly and securely via bank transfer. Other deposit options vary by country.

Trade

Access 71,000+ instruments across all asset classes.

This content is marketing material. 
None of the information provided on this website constitutes an offer, solicitation, or endorsement to buy or sell any financial instrument, nor is it financial, investment, or trading advice. Saxo Bank A/S and its entities within the Saxo Bank Group provide execution-only services, with all trades and investments based on self-directed decisions. Analysis, research, and educational content is for informational purposes only and should not be considered advice or a recommendation.

Saxo’s content may reflect the personal views of the author, which are subject to change without notice. Mentions of specific financial products are for illustrative purposes only and may serve to clarify financial literacy topics. Content classified as investment research is marketing material and does not meet legal requirements for independent research.

Saxo partners with companies that provide compensation for promotional activities conducted on its platform. Some partners also pay retrocessions contingent on clients investing in products from those partners.

While Saxo receives compensation from these partnerships, all educational and research content remains focused on providing information to clients.

Before making any investment decisions, you should assess your own financial situation, needs, and objectives, and consider seeking independent professional advice. Saxo does not guarantee the accuracy or completeness of any information provided and assumes no liability for any errors, omissions, losses, or damages resulting from the use of this information.

Please refer to our full disclaimer and notification on non-independent investment research for more details.

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

Contact Saxo

International
International
Pricing
Account types
About Saxo
Legal

All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.

Saxo is part of the J. Safra Sarasin Group.

Information on our international website (as selected from the globe drop-down) can be accessed worldwide and relates to Saxo Bank A/S as the parent company of the Saxo Bank Group. Any mention of the Saxo Bank Group refers to the overall organisation, including subsidiaries and branches under Saxo Bank A/S. Client agreements are made with the relevant Saxo entity based on your country of residence and are governed by the applicable laws of that entity's jurisdiction.

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