Saxo Market Call

Discover the latest trends in the commodities market as experts dive into the potential for silver to surge if it breaks the $35 threshold. Learn about gold trading at an astounding $3,000 per ounce and the psychological effects on investors. The podcast also explores the impact of U.S. budget concerns on precious metals and the intricate dynamics of the oil market influenced by geopolitical tensions. With a focus on historical market behavior, listeners gain insights into future pricing and economic implications.

Today's slide deck: https://bit.ly/43zRWgK     - Today we look at the massive further slide in US equities, which has taken the Nasdaq 100 to the next significant support point. We also note the reasons that the US has been in for an exceptional pounding relative to the rest of the world, have a look at key commodities like gold, oil and grains, rundown the latest in and FX, the latest link-a-palooza and a VERY important event risk on Friday of this week. Today's pod features Saxo Head of Commodity Strategy Ole Hansen, with Global Head of Macro Strategy John J. Hardy hosting. Link to Ole's COT Report analysis Link to John's latest FX Update   Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.

In this discussion, Ole Hansen, Saxo's Head of Commodity Strategy, shares insights on the escalating bear market risks in the U.S. and the surge of the Euro. He delves into the current dynamics of the oil and commodities markets, highlighting the complexities caused by tariffs and innovation in mining technology. The conversation also touches on geopolitical tensions affecting market fluctuations and the implications of U.S. foreign policy on global economics, focusing on relationships with Russia and China.

Discover the monumental shifts in EU fiscal policies as Germany announces a massive €500 billion infrastructure deal. Unpack the implications for European bonds and the euro amidst evolving economic strategies. Dive into the intriguing world of cryptocurrencies and Trump's mixed signals regarding regulation, especially concerning money laundering risks. Explore the interconnections between U.S. policies and global trade dynamics, revealing market reactions and potential pitfalls for economic stability.

Amidst rising tensions from recent tariff announcements, the podcast discusses the potential impact on currency markets and tech stocks. Volatile trends in the cryptocurrency space raise concerns about manipulation, while geopolitical factors are explored in the context of defense stocks and investment flows. The strength of the U.S. dollar poses challenges for Europe, with stagflation risks looming. Insights into China's focus on private sector stimulus and the implications of an upcoming Trump speech add to the intrigue, along with the evolving landscape of AI investments.

The podcast dives into market jitters fueled by Trump’s tariff threats and disappointing U.S. data, spotlighting the Nasdaq 100's critical support levels. It discusses the risky crossover beneath the 200-day moving average, indicating potential bear market territory. Cryptocurrency’s role as a market trend indicator is analyzed, along with Fibonacci levels for Bitcoin and Ethereum. The conversation also touches on evolving military strategies and their effects on defense budgets, specifically highlighting U.S. and German challenges.

Today's slide deck:  https://bit.ly/43cR9Ck   - Today we break down Nvidia's earnings report. Long story short: its earnings don't look like they will be the trigger for the broader market direction from here, so now the market can do what it wanted to do with this distraction out of the way. Plenty more to talk about today, from the latest on Trump tariffs and US continuing to alter the geopolitical landscape to what is driving a huge ramp in one very old German stock. Today's pod features Global Head of Investment Content Jacob Falkencrone and Global Head of Macro Strategy John J. Hardy   Jacob's piece on Nvidia's latest earnings report Jacob's piece on Tesla Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.

Today's slide deck: https://bit.ly/4ibC6x2   - Today we look at the ugly rollover in risk assets as markets fret the geopolitical backdrop and perhaps rein in risk exposure ahead of the most important earnings event of the quarter: Nvidia's, which reports after the market close on Wednesday. We also talk the blistering pace of geopolitical developments and policy moves from the Trump administration as well as asking what Europe does next. On today's call are Saxo Global Head of Investment Strategy Jacob Falkencrone and Global Head of Macro Strategy John J. Hardy.   Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.

Today's slide deck: https://bit.ly/431GGtt   -  Today we look at the pivotal German election this weekend and a number of scenarios in what will inevitably prove a weak showing for the centrist parties. We also discuss the implications of Walmart's weak outlook and look ahead at the most pivotal earnings event of the quarterly cycle: the post-Wednesday close Nvidia report. The latest on FX and more also on today's pod, which features Saxo Global Head of Investment Strategy Jacob Falkencrone, with Saxo Global Head of Macro Strategy John J. Hardy hosting. Jacob's piece on Ali Baba's earnings.  John's latest FX Update on JPY, German election and more.   Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.

Today's slide deck: https://bit.ly/3EVhtGQ   - European equity markets are on fire this year, and European defense stocks have lifted aggressively in recent days on fears that the entire transatlantic alliance is collapsing and will require a massive fiscal boost across Europe if it is to defend itself in a new geopolitical backdrop. We pick through one interesting angle on EU defense spending, break down the latest action in FX and commodities and much more as the world seems to spin faster and faster every day. Today features Saxo Head of Commodity Strategy Ole Hansen and Saxo Global Head of Macro Strategy John J. Hardy hosting.   Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.