A new market low, but we have yet to see a panic phase

Slide deck: https://bit.ly/3NWUJWY   - Click here to open an account with Saxo  Today we look at an ugly break to new lows for the cycle in equity markets as the market rushes to price in two 75 basis point moves from the Fed over the next two FOMC meetings, after Fed Chair Powell pushed back against larger hikes at the May FOMC meeting. We also look at the most tense policy situation across global markets, the Bank of Japan's yield-curve-control policy and offer perspectives on how to trade the situation. A look at Oracle's stellar results, VIX not yet showing any remarkable level of strain, latest on crude oil as Libya shuts in, gold and more on today' pod, which features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX. Intro and outro music by AShamaluevMusic