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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.
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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.
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Steen Jakobsen

Chief Economist & CIO

Follow @Steen_jakobsen
Follow @Steen_jakobsen

About Steen Jakobsen

Steen Jakobsen first joined Saxo Bank in 2000 and has served as both Chief Economist and Chief Investment Officer since 2009. He focuses on delivering asset allocation strategies and analysis of the overall macroeconomic and political landscape as defined by fundamentals, market sentiment and technical developments in the charts.

With more than 25 years of experience within the fields of trading and investment, Jakobsen is a highly renowned and respected Chief Economist, who regularly appears as a guest host on CNBC and Bloomberg News.  Prior to joining Saxo Bank, he worked with Swiss Bank Corp, Citibank, Chase Manhattan and UBS. He also served as Global Head of Trading, FX and Options at Christiania (now Nordea).

Steen Jakobsen first joined Saxo Bank in 2000 and has served as both Chief Economist and Chief Investment Officer since 2009. He focuses on delivering asset allocation strategies and analysis of the overall macroeconomic and political landscape as defined by fundamentals, market sentiment and technical developments in the charts.

With more than 25 years of experience within the fields of trading and investment, Jakobsen is a highly renowned and respected Chief Economist, who regularly appears as a guest host on CNBC and Bloomberg News.  Prior to joining Saxo Bank, he worked with Swiss Bank Corp, Citibank, Chase Manhattan and UBS. He also served as Global Head of Trading, FX and Options at Christiania (now Nordea).

MACRO

Macro Digest: the Next President of the USA, Elizabeth Warren

Steen Jakobsen

Chief Economist & CIO

QUARTERLY OUTLOOK

Q4 Outlook: Taking down the killer dollar

Steen Jakobsen

Chief Economist & CIO

MACRO

Macro Digest: There has been an equity earthquake!

Steen Jakobsen

Chief Economist & CIO

MACRO

The Butterfly Effect

Steen Jakobsen

Chief Economist & CIO

MACRO

Macro Digest: Brexit – the Never Ending Story

Steen Jakobsen

Chief Economist & CIO

MACRO

Macro Digest: China fix USDCNY higher and totally ignore overtures by President Trump

Steen Jakobsen

Chief Economist & CIO

MACRO

More on the yield curve inversion, recession risk and market path from here

Steen Jakobsen

Chief Economist & CIO

MACRO

Macro Digest: New lows in US yield indicate rising recession risk

Steen Jakobsen

Chief Economist & CIO

MACRO

Suffering an input overload!

Steen Jakobsen

Chief Economist & CIO

QUARTERLY OUTLOOK

Q3 Outlook: The global fiscal panic

Steen Jakobsen

Chief Economist & CIO

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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.

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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.

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