SaxoStrats Experts

Christopher Dembik

Head of Macro Analysis
Christopher Dembik joined Saxo Bank in 2014 and has been the Head of Macro Analysis since 2016. He focuses on delivering analysis of monetary policies and macroeconomic developments globally as defined by fundamentals, market sentiment and technical analysis.

Dembik won in 2015 the Thomson Reuters StarMine Awards for the best macroeconomic forecasts for France. He is also the author of “The Greatest Contemporary Economic Debates” published in 2016 and has a new book coming out in 2017 on virtual currencies. Dembik writes Saxo Bank’s Monthly Macro Outlook, which has a strong focus on monetary policies. He regularly publishes outlooks on the French and Polish economies. He also often quoted in the news media such as Bloomberg, TF1 and Newsweek. 


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Warning signs for the US economy

The US economy is getting close to a full nine years of expansion. Growth is still there, but two out of three key economic drivers have turned negative. Should we worry?

John Hardy

Head of FX Strategy
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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Is it really all about the Fed?

Today's FOMC outing is near-certain to give the dollar some direction but it's unclear how significant the move could be given both the Fed's constraints and the market's expectations.

Kay Van-Petersen

Global Macro Strategist
Kay Van-Petersen joined Saxo Bank in 2014 as a Global Macro Strategist, based in Singapore. He focuses on delivering strategies and analyses across asset classes based on monetary & fiscal policies, global geopolitical landscapes as well as other macroeconomic fundamentals. He also takes into account market sentiment, technical and momentum factors.

KVP has over a decade of experience in the financial markets, with the majority of those years spent as a trader & analyst across multiple strategies including: global macro, equity long/short, fundamental value, event-driven and special situations. He is the author of various multi-asset/strategy research products the weekly “Macro Mondays” calls and reports with a focus on tactical as well as strategic positioning. He also contributes to Saxo Bank’s Quarterly outlooks and other thematic investment pieces as well as making special situation ad hoc calls.

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Trading precious metals into the March 21 FOMC meeting

Why Saxo Bank global macro strategist Kay Van-Petersen is going short gold into the March 21 Federal Open Market Committee meeting.

Ole Hansen

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

Hansen is the author of the Weekly Commodity Update, which sets out the moves in commodities, and also provides clients with commodity related trade views under the #SaxoStrats brand. He is a regular contributor to both broadcast and print media including CNBC, Bloomberg, Reuters, Wall Street Journal, Financial Times and the Telegraph.

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WCU: Multiple risks sap demand for commodities

Jitters ahead of next week's near-certain rate hike from the FOMC, the US' increasingly protectionist trade stance, and elevated geopolitical risks were the key factors weighing on commodity prices this past week.

Peter Garnry

Head of Equity Strategy
Peter Garnry, CFA, joined Saxo Bank in 2010 and is the Head of Equity Strategy. In 2016 he became responsible for the Quantitative Strategies team, which focuses on how to apply computer models to financial markets. He produces trading strategies and analyses of the equity markets as well as individual company stocks, applying advanced statistics and models to beat the market.

Garnry developed Saxo Bank’s Alpha Picks which is a monthly publication selecting the most attractive stocks across the US, Europe and Asia. He also contributes to the Saxo Bank Quarterly Outlooks and the annual Outrageous Predictions and is a regular commentator on television, including CNBC and Bloomberg TV. 

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Equities under pressure from weak data and tech tax

As the next US rate hike draws closer, equities are facing many problems, including a flattening yield curve, weakening macro data and new EU plans for a special tax on tech companies.

Steen Jakobsen

Chief Economist & CIO
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).

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Denmark's C20 index in sharp reversal

It's been a very bad day for the Danish stock market, with the index of leading blue-chip companies, the OMX Copenhagen 20 (OMXC20, formerly the KFX), taking a severe beating and violating a longer-term uptrend