Darker clouds on the horizon

Link to slide deck: https://shorturl.at/epMS6   - Risk-off sentiment continues in markets as worries over the Chinese economy intensify with the latest news being that Chinese property developer Evergrande has filed for bankruptcy protection in the US. The Chinese shadow banking system is likely galloping towards a significant restructuring event. In addition to Chinese weakness big moves in the long end of the US yield curve are also putting pressure on risky assets. We also talk about Nvidia's earnings next and the negative sentiment across commodity markets. In today's On today's podcast are Peter Garnry on equities and Ole S. Hansen on commodities. 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