Podcast: Yellen opens mouth, inserts foot.

Podcast: Yellen opens mouth, inserts foot. by Saxo Group
Today we look at yesterday’s ugly session in the US equity market, already in motion before it was badly aggravated by oddly direct comments on the possible need to raise interest rates from US Treasury Secretary Yellen. Her later clarifications helped reverse some of the damage, but the Nasdaq 100 is limping. Elsewhere, we look at soaring commodities prices, including perspective on copper, incoming earnings reports, disappointing precious metals (once again) and more. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Listen to today’s podcast and have a look at today’s slide deck.

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Questions and comments, please!
We invite you to send any questions and comments you might have for the podcast team. Whether feedback on the show’s content, questions about specific topics, or requests for more focus on a given market area in an upcoming podcast, please get in touch at marketcall@saxobank.com.
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Topics: Podcast Forex Equities Commodities Macro Nasdaq EURUSD Gold Crude Oil US Election