Market fear evaporates for now

Today's slide deck:  https://bit.ly/3rPUq7U   - Today we look at the incredibly strong rebound in the major equity indices, in part on the lifting of omicron concerns, but practically speaking probably also on the lifting of downside hedges or gamma risk. A rundown of key FX developments, including the very strong Chinese renminbi, a look at where crude oil will focus next as only a portion of the huge recent slide has been erased, still positive roll curve for commodities, US political developments of note and much more. Today's pod features Ole Hansen on commodities and John J. Hardy hosting an on FX. Intro and outro music by AShamaluevMusic