What can blast us out of this low vol rut?

Link to slide deck: https://bit.ly/3pq1Fog   - Today, we note volatility still stuck in a rut as the concerns of coming US export restrictions on AI-chips failed to get any traction yesterday. The US yield curve is frozen in place and we ponder what might change the dynamics and blast us out of this period of remarkable calm. In FX, the USD is firming, while sterling was sent lower by BoE rhetoric yesterday. We also look at gold, crude oil, incoming earnings and the macro calendar and more. Today's pod 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 SaxoStrats Market Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic