Squeeze on USD and sentiment hitting pivotal areas

Today's slide deck: http://bit.ly/3Tzac1b   - Click here to open an account with Saxo   -   Today we note an indifferent session yesterday yielding to a strong session for sentiment overnight in Asia, perhaps in part from the friendly tone in the wake of the Biden-Xi summit yesterday, but also on stimulus hopes after weak Chinese data overnight. Elsewhere, we note the shift in attitude in the gold market as the USD remains very weak, with the latter trading at pivotal support areas in places. Wheat, crude oil, key semiconductor stocks to watch and upcoming earnings and more also on today's pod, which features Peter Garnry on equities and John J. Hardy hosting an on FX. Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Intro and outro music by AShamaluevMusic