Market uncorks fresh rally on Powell’s weak push-back

Link to slide deck: https://bit.ly/3l4DE3P   - Today we look at the market ripping higher still after the FOMC statement and Powell press conference left plenty of room for the market to feel that its forward expectations for the Fed easing by later this year are spot-on, allowing the recent squeeze or rally in US markets to extend higher still, and through key resistance. We also look at strong Meta results after hours and preview the mother lode of earnings reports up today. A look a the reaction to the FOMC in FX as well as a preview for the ECB and BoE today, a run-down of crude oil and precious metals and more also on today's pod, which features Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX. Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic