Market is charging full tilt at BoJ

Saxo Market Call - Podcast tekijän mukaan saxostrats - Tiistaisin

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Today's slide deck: https://bit.ly/3x1d26R  - Click here to open an account with Saxo  -  Today we look at fresh 24-year highs in USDJPY and across the board weakness in the Japanese yen as yields bob back higher and the market appears ready to challenge the Bank of Japan's belief that it can remain unmovable on policy. Tremendous volatility awaits if US long yields rise to new cycle highs. Elsewhere, we ponder risk to corporate margins from here, break down the latest on European natural gas and global crude oil prices in the wake of the OPEC+ output quota cut yesterday and much more. Today's pod features Ole Hansen on commodities and John J. Hardy hosting and on FX. Intro and outro music by AShamaluevMusic

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