Chinese weakness reverberates through markets

Saxo Market Call - Podcast tekijän mukaan saxostrats - Tiistaisin

Kategoriat:

Link to slide deck: https://shorturl.at/uJUW4   - Equities rebounded yesterday with Nvidia shares leading the rebound, but equity futures are already turning around again with more weakness coming out of China forcing the PBoC to cut several key monetary policy rates.  Today we highlight inflation linkers in the US and also talk about the biggest outflow in ultra long-term US Treasuries in over a year. On commodities we talk about bids in copper despite Chinese weakness, gold weakness as real yields are increasing, and finally how grains futures have reacted to yesterday's US crops condition report. We also touch on Home Depot earnings expected to be released before the US market opens. On today's podcast are Peter Garnry on equities, Ole S. Hansen on commodities, and Althea Spinozzi on fixed-income. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic

Visit the podcast's native language site