John Hardy
Head of FX Strategy
- @johnjhardy
China’s Companies Have Unseen Foreign Debt That’s Maturing Fast https://t.co/5J27Syozdf via @YahooFinance
- @johnjhardy
RT @Ole_S_Hansen: In the week to August 20 and ahead of last week’s major risk events speculators opted to cut bullish $USD bets against te…
- @johnjhardy
RT @Steen_Jakobsen: The most interesting part of this announcement? The timing right in front of Fed Chairman Powell talk & the opening of…
- @johnjhardy
RT @C_Barraud: @TrackInsightETF 🇨🇳 🇺🇸 #CHINA TO LEVY RETALIATORY TARIFFS ON ANOTHER $75B OF US GOODS - BBG *CHINA TO RESUME TARIFFS ON U.S.…
- @johnjhardy
Interesting test for US Treasury auctions next wk: Mon: $87 billion of 3-mo. & 6-mo. T-bills on the block, Tue: $40… https://t.co/GG4cn0auHT
- @johnjhardy
THIS! -> Credit Suisse says the Fed needs to cut, not to juice the economy, but because "things are misaligned in t… https://t.co/9mAkh4w3lj
- @johnjhardy
Jackson Hole speech from Powell to set the tone for weeks ahead -> Today's FX Update: https://t.co/vgE0Xun9HD $$ #forex
- @johnjhardy
Best logic out there on rate cuts "if it does not work now..." But it's the QE that it is needed to avoid a train w… https://t.co/LrROJLw5oi
- @johnjhardy
A bit more on US State Dept statement against China's activity in South China Sea: https://t.co/xtEeXDkWNf https://t.co/qCjY8TIQOG
- @johnjhardy
US State Dept: China has taken a series of aggressive steps to interfere with ASEAN claimants longstanding, well-es… https://t.co/XHnmRNHoYg
- @johnjhardy
RT @fwred: Only when it's too late then. *BUNDESBANK SEES NO NEED FOR GERMAN FISCAL STIMULUS RIGHT NOW Oh, and don't complain about negati…
- @johnjhardy
Fed hawk and voter Esther George says US economy doesn't need lower interest rates. #FOMC $$ Today's interview: https://t.co/F8VP9ZCF6U
- @johnjhardy
Volkswagen out saying story of interest in Tesla is unfounded... https://t.co/d9mJXYuq1S
- @johnjhardy
Tesla Jumps After German Press Says Volkswagen Preparing Acquisition | Zero Hedge https://t.co/SsiDYJ20mv
- @johnjhardy
RT @fwred: Big ECB package is coming. *ECB SAW NEED TO COUNTER DOUBTS OVER ABILITY TO REVIVE INFLATION #GrosPaquet
- @johnjhardy
RT @C_Barraud: 🇪🇺 *SOME #ECB MEMBERS SAW RISK OF UNINTENDED CONSEQUENCES OF TIERING - BBG *Minutes: https://t.co/LP1nSYHZcc
- @johnjhardy
Fiscal is coming eventually - but who will fund periphery stimulus key EU existential question -> Dutch government… https://t.co/fxpz5pm3R6
- @johnjhardy
Today's Market Call podcast, discussing interesting signals from the #FOMC minutes and what this could mean for Pow… https://t.co/QHAh5LSNcf
- @johnjhardy
"Mid-cycle adjustment" will prove the "Peace in our time" legacy quote of the Powell Fed -> Today's FX Update:… https://t.co/WaVCmovJNI
- @johnjhardy
Nearing the bottom for long yields? -> Norway's $1 Trillion Wealth Fund Ends Bet on Higher Rates https://t.co/83Pjn4Ydyw via @YahooFinance
- @johnjhardy
@C_Barraud They will have to be more aggressive - Trump deficits preordain massive QE in the pipeline...
- @johnjhardy
RT @Schuldensuehner: #Germany regrets the size of bond that pays nothing as historic 30y auction flops. US President Trump criticizes that…
- @johnjhardy
Spoke about this, by the way, in today's podcast https://t.co/YVn00z7zNv We need to see something more from Powell… https://t.co/YXpWlDtlQc
- @johnjhardy
No sign in these #FOMC minutes that Fed wants to talk about why it is really cutting rates: Trump deficits. It's n… https://t.co/rKmbs88y4o
- @johnjhardy
Conclusion to their policy review - clearly concerned about what to do at the ELB (effective lower bound) when the… https://t.co/N1tQX1K503
- @johnjhardy
Clearly, Fed ready to be more "preemptive" if economy clearly tanking - see excerpt from #FOMC minutes just out: https://t.co/1kHVW6fXBA
- @johnjhardy
About to dig through the minutes - bloomberg highlights "most Fed members see rate cut as mid-cycle adjustment." oh dear.... #FOMC $$
- @johnjhardy
Weather nerds: ran across very cool weather site called https://t.co/Ni18iuT3M8 Amazing. @windyforecast https://t.co/33rFdMtTVI
- @johnjhardy
RT @FirstSquawk: RUSSIA'S ROSNEFT HAS NOTIFIED BUYERS OF OIL PRODUCTS THAT FUTURE TENDER CONTRACTS WILL BE IN EUROS, NOT DOLLARS, AS EARLY…
- @johnjhardy
RT @tracyalloway: Today's Big Idea is Richard Koo on why more rate cuts won't succeed in stimulating the economy: "...Central banks in the…
- @johnjhardy
Today's Market Call podcast: The Fed is between a rock and a hard place https://t.co/YVn00z7zNv #FOMC $$ #JacksonHole
- @johnjhardy
It's always the silver that intrigues me the most in graphics like these... $XAGUSD $XAUUSD https://t.co/4ekrbP5ujI
- @johnjhardy
The Powell Fed between a rock and a hard place -> today's FX Update: https://t.co/tPVvrXtgWj $$ #forex #FOMC
- @johnjhardy
Markets may be overreacting to some political events around the globe, but they are underreacting to what’s going o… https://t.co/W9ty06Mp5N
- @johnjhardy
Trump is panicking and the USD is breaking up -> Today's FX Update: https://t.co/bl90AdRbf1 #forex $$ https://t.co/ARZ0PRcuCf
- @johnjhardy
RT @Steen_Jakobsen: Germany in dire need of spending some money, economist says https://t.co/6jPBICQmR2
- @johnjhardy
WIth USD banging on the highs for the cycle here, how on earth are the odds for only 25 bps Fed cut through Sep 18 #FOMC at 80+% ? $$
- @johnjhardy
Today's Market Call podcast, talking Trump's panic and the USD breaking up and more. With @Ole_S_Hansen… https://t.co/GkVcp5Ks3X
- @johnjhardy
$USDTRY Turkey removes pro-Kurdish mayors, arrests more than 400 https://t.co/1epZlWF88s
- @johnjhardy
RT @C_Barraud: 🇩🇪 The German government is getting ready to act to shore up Europe’s largest economy, preparing fiscal stimulus measures th…
- @johnjhardy
Today's Market Call podcast, with guest @Steen_Jakobsen , talking Powell's Jackson Hole speech, G7, and much more… https://t.co/vHUWpqYm0j
- @johnjhardy
China is learning its lesson. Rate cuts don’t necessarily work and may just create new problems, writes @shuli_ren… https://t.co/8sc0Lqup63
About John J. Hardy
John Hardy joined Saxo Bank in 2002 and has been Head of FX Strategy since October 2007. He focuses on delivering strategies and analyses in the currency market as defined by fundamentals, changes in macroeconomic themes, and technical developments.
Hardy has won several accolades for his work and was named the most successful 12-month forecaster for 2015 among over 30 of FX Week’s regular contributors. His forex market column is often quoted and he is a regular guest and commentator on television, including CNBC and Bloomberg.
John Hardy joined Saxo Bank in 2002 and has been Head of FX Strategy since October 2007. He focuses on delivering strategies and analyses in the currency market as defined by fundamentals, changes in macroeconomic themes, and technical developments.
Hardy has won several accolades for his work and was named the most successful 12-month forecaster for 2015 among over 30 of FX Week’s regular contributors. His forex market column is often quoted and he is a regular guest and commentator on television, including CNBC and Bloomberg.
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